The Roundup: Week of March 9th, 2026

2M daily active addresses on Sei. Driven by expanding access, growing apps, and infrastructure that keeps getting faster. Here's what happened this week.

Sei Crossed 2M Daily Active Addresses, a New All-Time High

Per Token Terminal, Sei crossed 2 million daily active addresses, setting a new all-time high. The milestone reflects the compounding effect of expanding distribution, a deepening application layer, and the network's high-throughput, low-cost execution environment. As more verticals — from trading and payments to gaming and agentic finance — build on Sei's parallelized EVM, the breadth of daily engagement continues to widen across the ecosystem.

SEI Spot Trading Is Now Live on Hyperliquid via Silhouette

SEI spot trading is now live on Hyperliquid via Silhouette. The integration extends the accessibility of SEI to participants on one of the most active onchain trading venues, adding a new surface for liquidity and price discovery. Silhouette's role as the bridge between the Sei ecosystem and Hyperliquid's order book infrastructure demonstrates the growing interoperability between high-performance execution environments.

Backpack Wallet Introduced Zero Fees for Swaps and Bridging on Sei

Backpack Wallet introduced zero fees for swaps and bridging on Sei. By eliminating transaction costs for two of the most common user actions, Backpack removes a key point of friction for participants entering and moving within the Sei ecosystem. The zero-fee structure, combined with Sei's sub-second finality, creates one of the most frictionless onboarding and asset management experiences available on any EVM chain.

Monaco Reached 20,000 Private Alpha Users

Monaco reached 20,000 private alpha users. And counting. The rapid adoption of Monaco's Private Alpha underscores the demand for institutional-grade Central Limit Order Book infrastructure built on high-speed rails. As the shared liquidity layer continues to attract front ends and applications, the growing user base validates the thesis that Wall Street-grade trading infrastructure can scale natively on a parallelized EVM.

Evolve Is Bringing eUSD, a Yield-Bearing Stablecoin, to Sei

Evolve is bringing eUSD, a yield-bearing stablecoin, to the Sei Network. The addition of eUSD expands the range of dollar-denominated instruments available within the ecosystem, adding a stablecoin designed to accrue yield while maintaining a dollar peg. As the stablecoin layer on Sei continues to deepen — with native USDC, USDY, and now eUSD — participants gain access to an increasingly diverse suite of stable-value assets optimized for different use cases.

Storage for Sei Has Been Redesigned for Giga — ReceiptDB Will Replace PebbleDB with a 240x Improvement in Read Latency

Storage for Sei has been redesigned for Giga. ReceiptDB will replace PebbleDB and introduce a 240x improvement in read latency. The architectural change addresses one of the core bottlenecks in high-throughput blockchain execution: the speed at which the state layer can serve data to the execution engine. By reimagining the storage layer from the ground up, Sei Labs is ensuring that the infrastructure required to support Giga-scale throughput extends beyond consensus and execution into the data layer itself.

Markets Move Faster on Sei.

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