Holders of IBC Assets on Sei Need to Act Before IBC Is Disabled
Sei's recent upgrade to v6.4 included the mechanism to disable the transfer of IBC assets. If you hold any of these assets, here's what's next
If you hold any of the following IBC assets on Sei, you should bridge them out before the governance proposal to disable inbound IBC transfers passes.
- USDCet (Wormhole USDC from Ethereum)
- USDCop (Wormhole USDC from Optimism)
- USDTbs
- ATOM
- WBTC
This is part of the broader SIP-3 transition for upgrading the Sei Protocol into an EVM-only chain. To clarify: v6.4 has only shipped the protocol-level ability to disable inbound IBC transfers, but holders should bridge now.
Once the follow-on governance proposal activates this change, Cosmos-native assets will no longer be bridgeable into Sei, and holders may lose access to their assets.
Users should monitor official announcements from the @Sei_Labs and @SeiNetwork X handles for any updates to this deadline.
What to do
For all of these assets, the recommended action is the same: bridge out to the asset's origin chain using a frontend like Skip:Go or the relevant bridge interface, i.e., Wormhole for Wormhole-wrapped assets.
The mention of these platforms does not constitute an endorsement, and users should do their own research before using any third-party service.
For suppliers of these assets on DeFi protocols
If you have any of these assets supplied on a DeFi protocol on Sei, you should first wind down those positions and withdraw them before bridging out. Failure to do so before the governance change may result in the inability to access your supplied assets.
Questions?
For the full migration guide, including asset-specific routes and tools, visit: SIP-3 Migration Guide
If you still have questions about how to migrate any of these assets, join the Discord.
