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The percentages and metrics are calculated from its change over a 7-day time frame, unless noted otherwise.
Highlighting some of the biggest announcements from Sei.
💨 What’s happening: Coinbase added support for Sei to its x402 protocol for instant stablecoin payments over HTTP.
💨 Why it matters: The x402 protocol is built on the HTTP 402 “Payment Required” status code. This is a fancy way of saying that APIs, apps and autonomous AI agents can now transact with stablecoins via Sei’s infrastructure. In turn, Model Context Protocol (MCP) servers are able to leverage stablecoins and Sei’s parallelized execution to create a foundation for internet-native payments powered by blockchain technology.
In addition, the x402 protocol enables developers and AI agents to embed payment logic to eliminate the need for wallets or intermediaries. Since MCP servers allow AI assistants to interact with Sei’s blockchain, transactions or queries can be performed in real-time. So API providers can monetize services instantly, charging per request for data feeds, compute resources, or any other type of premium content that’s settled on Sei’s network.
Sei’s integration with x402 adds more blockchain-powered payment solutions. With Sei’s low transaction fees, its infrastructure can support high-volume, low-value micropayments in a cost efficient manner like traditional systems, but faster. This unlocks more use cases for AI agents, content creators and businesses that monetize their services digitally.
💨 The bigger picture: By making stablecoins the focal point, the x402 protocol on Sei enables instant transactions, while driving adoption in AI-driven economies and global APIs.
As bills like the GENIUS Act advance stablecoin adoption, blockchains like Sei can become more resourceful for blockchain-powered payment solutions. Even though the x402 protocol doesn’t alter stablecoin mechanics, it does amplify its strength for a more widely adopted blockchain-powered payment landscape.
Updates on the latest games, validators, builders and more that are helping Sei expand
Unique active wallets on Sei grew 7.86% on the week to 5.01M, the highest among all EVM blockchains, according to DappRadar data
Learn about MetaMask’s integration of Sei in an X livestream with Sei Development Foundation Executive Director Justin Barlow
Highlighting the builders, users and ecosystem players within the Sei blockchain.
Takara Lend recorded an all-time high of $148M on Aug 14, DefiLlama data shows
Yei Finance grew 54% on the month in borrowed amount to $579M, according to DefiLlama data
DragonSwap shared it reached $3B in total volume for its Sei-powered DEX
Check out a video recap of Sei Gaming Day, an in-person event that showcased 15 web3 games on the network
Want to get involved in the ecosystem? Check out the latest job postings for Sei Labs and Sei Development Foundation or get involved with an activation below.
Applications for the Sei ai/accelathon, a DeFi and AI focused hackathon with up to $1M in prizes powered by the Sei Development Foundation and others, are live until Aug. 20
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This information is for entertainment purposes only. It should not be considered financial advice, nor should it be used to make investment decisions. Cryptocurrencies are high risk and you should consult a financial professional before making any financial decisions. Make sure you do your own research.