Sei Network's DeFi Surge – A Beacon Amidst Market Turbulence 🚀

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Despite recent market volatility, Sei Network's decentralized finance (DeFi) ecosystem has experienced remarkable growth. The Total Value Locked (TVL) on the Sei network soared to a record $340 million, doubling from $170 million in February. This surge is driven by the success of protocols like Yei Finance, which saw assets under management climb to nearly $200 million, and decentralized exchanges such as Sailor, Dragon Swap, and Avalon Labs, all witnessing significant asset inflows. This growth underscores investor confidence and the network's resilience amidst broader market downturns.​

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