
syk233 $M | 🐜|Aug 09, 2025 09:58
Brothers, are you familiar with the Yei finance @ YeiFinance project? It's okay if you don't understand, let me explain slowly!
Let's take a look at a news story: The number of active addresses on the Sei mainnet exceeded that of the SOL chain on August 2nd, directly reaching 752000!
This includes factors such as the introduction of native USDC, integration with Ondo, and contract exchange Backpack in Sei Chain. It may be that the era of Sei Chain is coming, and as the core ecosystem of Sei Chain, Yei finance @ YeiFinance definitely needs to have a deeper understanding!
one ⃣ What is Yei finance? https://app.yei.finance/
Yei Finance is a decentralized, non custodial asset lending protocol deployed on the Sei network, including traditional lending, cross chain, and Swap
Background of Yei Finance: Currently, we have received official support from Sei and our team has come to top institutions such as Wormhole and Binance. We have completed a $2 million financing round and are currently in the midst of a strategic funding round, with a target of raising $5 million and a corresponding valuation of $50 million for FDV
As the core ecosystem of the Sei public chain, Sei's TVL is currently $640 million, with Yei monopolizing $330 million, accounting for over 50%! Its income has also reached a terrifying $5.5 million!
① Modular isolation market, establishing independent lending markets for each asset, effectively avoiding the risk of certain assets affecting the overall system
② YeiSwap One Click Strategy, where users only need to provide liquidity once to earn Swap fees, loan interest, and additional rewards simultaneously
③ Yei Finance is building a full chain money market that supports multi chain asset lending and liquidity integration through cross chain expansion
two ⃣ What are the advantages of Yei Finance?
At present, it is in the explosive period of the Sei chain, and as the most important DeFi protocol of the Sei chain, it will naturally be the first priority of attention! Compared with other DeFi protocols, its advantages are also very obvious:
① Built on the Sei network: Thanks to Sei's high throughput, low cost, and DeFi designed features, it provides high-performance lending and lightning lending experiences
② The architecture adopts the Hub and Spoke App Chain model: the central credit layer is responsible for managing mortgages, interest rates, governance, etc., while supporting secure cross chain operations
③ Integrated Circle's CCTP supports native cross chain USDC transfer, avoiding dependence on packaged assets or complex bridging, and achieving liquidity integration
Summary: Sei Chain is currently in a period of explosive growth, and Yei Finance, as the core ecosystem, is naturally the focus of attention. The annual income in the agreement can reach 10M, which will greatly benefit the entire project!
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