# Sei (SEI) — crypto price, market cap and strength versus Bitcoin > Sei trades at $0.0415 with a market capitalisation of $333.2M (rank 128). Over 90 days it is -9.8% against Bitcoin and sits below its 200-day average. DeFi as a theme is -1.4% against Bitcoin over 13 weeks. Price readings run through 2026-07-31. ## Agent research brief - What this coin is: Sei (SEI), a DeFi token of $333.2M at market-cap rank 128. On-chain activity is sourced from protocol + chain TVL. - What the tape says: -9.8% versus Bitcoin over 90 days; below its 200-day average. DeFi as a theme is -1.4% against Bitcoin over 13 weeks. - What the evidence supports: 37.1/100 inside DeFi on 81% evidence (63% of it native activity). Evidence is mixed. Keep normal research priority and wait for two pillars to agree. - What is missing: There is no valuation band for any coin on this site: historical market capitalisation is not held, so no PE-style range can be built. Sei does publish network fees, protocol revenue, total value locked. Theme: DeFi (/mla/crypto/sector/defi). Price 2026-07-31; market-cap snapshot 2026-07-04. ## Price, returns and risk Sei is -85.9% over one year, -29.9% over 90 days and -12.4% over 30 days. Annualised 30-day volatility is 47%. Its deepest fall from a high inside the last 90 days is 46%. It trades below its 200-day average, which is falling. - Price: $0.0415 - Market cap: $333.2M (rank 128) - Returns: 7d -6.1%; 30d -12%; 90d -30%; 180d -51%; 1y -86% - RS versus Bitcoin, 90d: -9.8% - 30-day volatility: 47% annualised; deepest 90-day fall 46% - 200-day average: $0.0642, trading below it ## Protocol economics Sei publishes 3 of the six network-economics series this site tracks: network fees, protocol revenue, total value locked. Network fees over the last four complete quarters is $133.3K. Network activity is evidence about the protocol, not earnings owed to the token. Readings run to the Q2 2026 quarter. - Network fees: trailing four quarters $133.3K; change -18%; covered 8/20 quarters - Protocol revenue: trailing four quarters $111.0K; change —; covered 4/20 quarters - Total value locked: latest quarter $50.2M; change -91%; covered 12/20 quarters ## Research score Sei: 37.1/100 — Lagging · market gate closed; 9.6 + 14.0 + 1.9 + 11.6 = 37.1; evidence 81%; native evidence 63%; rank 27 of 31 rated DeFi coins Decision use: Evidence is mixed. Keep normal research priority and wait for two pillars to agree. This weakens if: The read weakens if 90-day RS versus BTC falls below zero with two weekly closes below the 200-DMA, or native activity contracts for two complete calendar quarters. No valuation band exists for any coin on this site: historical market capitalisation is not held, so no company-style valuation range can be built. ## DeFi scorecard Sei is one of 46 DeFi coins here, 31 of which carry enough evidence to be rated and ranked. Sei ranks 27 of those 31 on 81% evidence. The table below is the theme's own scorecard, in its own order, with this coin marked. - 1. JUST (JST): score 72.6; evidence 50%; Tape-led · on-chain proof incomplete - 2. Chainflip (FLIP): score 63.6; evidence 55%; Illiquid · research only - 3. Sun Token (SUN): score 61.8; evidence 55%; Tape-led · on-chain proof incomplete - 4. IBS (IBS): score 54.9; evidence 50%; Illiquid · research only - 5. USD.AI (CHIP): score 54.5; evidence 33%; Illiquid · research only - 6. Bonfida (FIDA): score 54.4; evidence 50%; Tape-led · on-chain proof incomplete - 7. Ethena (ENA): score 54.1; evidence 50%; Tape-led · on-chain proof incomplete - 8. SoSoValue (SOSO): score 52.5; evidence 50%; Illiquid · research only - 9. Numeraire (NMR): score 52.1; evidence 55%; Tape-led · on-chain proof incomplete - 10. BIM (BIM): score 51.4; evidence 50%; Illiquid · research only - 11. yearn.finance (YFI): score 49.6; evidence 50%; Illiquid · research only - 12. Anvil (ANVL): score 48.6; evidence 55%; Illiquid · research only - 13. Lombard (BARD): score 47.5; evidence 12%; Illiquid · research only - 14. HOME (HOME): score 47.2; evidence 12%; Illiquid · research only - 15. Fluid (FLUID): score 46.5; evidence 50%; Illiquid · research only - 16. Triple Plus (TPT): score 46.2; evidence 50%; Illiquid · research only - 17. Stargate Finance (STG): score 45.8; evidence 12%; Illiquid · research only - 18. Bounce (AUCTION): score 44.9; evidence 55%; Tape-led · on-chain proof incomplete - 19. Convex Finance (CVX): score 44.8; evidence 91%; Lagging · market gate closed - 20. Terra Luna Classic (LUNC): score 41.3; evidence 55%; Tape-led · on-chain proof incomplete - 21. Orbs (ORBS): score 41.3; evidence 50%; Illiquid · research only - 22. DeXe (DEXE): score 40; evidence 50%; Tape-led · on-chain proof incomplete - 23. Fogo (FOGO): score 39.5; evidence 43%; Illiquid · research only - 24. Yield Basis (YB): score 39.4; evidence 50%; Illiquid · research only - 25. Renzo (REZ): score 39.3; evidence 71%; Tape-led · on-chain proof incomplete - 26. Liquity (LQTY): score 37.3; evidence 50%; Illiquid · research only - 27. Sei (SEI) [this coin]: score 37.1; evidence 81%; Lagging · market gate closed - 28. Spell (SPELL): score 34.4; evidence 50%; Illiquid · research only - 29. Altura Vault Tokens (AVLT): score 32.8; evidence 43%; Illiquid · research only - 30. Berachain (BERA): score 32.4; evidence 65%; Tape-led · on-chain proof incomplete - 31. AI Powered Finance (AIPF): score 32.2; evidence 43%; Illiquid · research only ## Limitations - Crypto network activity is not company earnings. Protocol revenue does not automatically accrue to token holders. - Market capitalisation is a dated snapshot, not a point-in-time historical supply series, so yields computed against it inherit that lag. - No valuation band exists for any coin: historical market capitalisation is not held at all. - Funding rates, open interest, liquidations, exchange flows, unlock schedules and developer activity are not held and are not inferred. - The research score is relative to this coin's own theme only. It is not comparable across themes and is not an entry signal. ## FAQs ### What is Sei (SEI)? Sei is a DeFi cryptocurrency tracked here by price, market capitalisation and strength against Bitcoin, with on-chain activity from protocol + chain TVL. It is one of 46 DeFi coins on this site. Readings are as of 2026-07-31. ### What is the market cap of Sei? Sei's market capitalisation is $333.2M, ranking it 128 in the top-1,000 crypto universe. That figure is a dated snapshot from 2026-07-04, refreshed separately from the daily price series, so it can lag the price shown above. ### Is Sei beating Bitcoin? Sei is -9.8% against Bitcoin over 90 days, and its own theme, DeFi, is -1.4% over 13 weeks. It trades below its 200-day average as of 2026-07-31. ### Does Sei have a P/E ratio? No. There is no company-style P/E or PEG for a crypto token, and no valuation band is shown on this page because the data to build one honestly does not exist: historical market capitalisation is not held, only a current snapshot. Where a protocol publishes fees or revenue, this page shows the yield against that dated snapshot instead. ### What is Sei's research score? 37.1/100 within DeFi, ranked 27 of 31 rated DeFi coins, on 81% evidence: 9.6 + 14.0 + 1.9 + 11.6 = 37.1. It is labelled “Lagging · market gate closed”. The score ranks research attention inside one theme, never portfolio action. ### How much Sei history does this page show? Five years of weekly closes where they exist, plus 20 complete calendar quarters of on-chain activity for the metrics Sei actually publishes. Here that is network fees, protocol revenue, total value locked. ### Does Sei generate network fees? Sei's trailing twelve-month network fees is $133.3K, down 18.1% on the year-earlier period. Network activity is not token-holder earnings: whether it accrues to the token depends on the protocol's own burn, buyback and distribution rules.