Sei network has reached $15.9 billion in cumulative decentralized exchange volume as of October 19, 2026, drawing close to the $16 billion milestone. Over the preceding thirty days, Sei recorded $278 million in DEX volume, with $276 million of that flowing through Saphyre, the network’s leading decentralized exchange. The 24-hour daily volume stands at $6.61 million, up 15.41% week-over-week, while total value locked across Sei’s DeFi protocols sits at approximately $31.71 million. Saphyre, which evolved from the earlier DragonSwap platform, has processed over $6.6 billion in DEX volume on Sei since inception, accounting for more than 40% of the network’s total historical trading volume.
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