PUMP token unlocks $138.85M this week in first cliff event
Pump.fun's PUMP alone accounts for roughly 75% of the week's $183.9M unlock slate, with $124M of that coming from team and investor tokens that have been locked since launch.
Sei is a high-performance Layer 1 blockchain designed to deliver speed and efficiency for decentralized applications. Built around parallelized execution, the network processes transactions concurrently rather than sequentially, allowing it to handle higher throughput while keeping fees low. The chain maintains full compatibility with the Ethereum Virtual Machine, enabling developers to deploy smart contracts using familiar tooling and seamlessly port existing EVM-based applications. Beyond the EVM environment, Sei supports broader decentralized finance activity and serves as a general-purpose platform for on-chain applications. Its architecture focuses on optimizing execution, consensus, and storage layers to reduce bottlenecks common to earlier blockchain designs. The project is associated with a range of notable crypto venture investors, and it is part of several market indices tracking the Layer 1 sector. Developed by a US-based team, Sei positions itself within the competitive landscape of next-generation Layer 1 networks aiming to combine scalability with developer accessibility.
Pump.fun's PUMP alone accounts for roughly 75% of the week's $183.9M unlock slate, with $124M of that coming from team and investor tokens that have been locked since launch.
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Sei is a high-performance Layer 1 blockchain that scales the EVM with parallelized execution, enabling faster transactions, low fees, and seamless smart contract deployment.
Sei (SEI) is categorised as: Smart Contract Platform, Decentralized Finance (DeFi), Layer 1 (L1).
The official Sei site is https://www.sei.io.
Most recent Sei coverage: "PUMP token unlocks $138.85M this week in first cliff event" — read at /en-US/a/pump-token-unlocks-13885m-this-week-in-first-cliff-event.