The Roundup: Week of October 13th, 2025

Hamilton Lane's tokenized SCOPE fund went live on Sei via KAIO, Morpho introduced enterprise lending infrastructure, and Yei Finance completed its token generation. Sei continues to solidify its position as the preferred settlement layer for digital asset markets. Here's what happened this week.

Hamilton Lane's Tokenized SCOPE Fund Launches on Sei via KAIO

Hamilton Lane's tokenized Senior Credit Opportunities Fund (SCOPE) is now live on Sei Network via KAIO, marking a major expansion of tokenized private credit access onchain. The Hamilton Lane ($986B AUM) SCOPE Fund provides access to an all-weather senior private credit evergreen vehicle, which seeks to generate consistency of performance and cash yield across cycles. 

The SCOPE Fund is the latest institutional product to launch on Sei, following funds from BlackRock, Brevan Howard, and Apollo—further demonstrating Sei's emergence as the preferred settlement layer for institutional finance.

Morpho Brings Enterprise-Grade Lending Infrastructure to Sei

Morpho, the second-largest lending protocol in DeFi with over $12 billion in deposits, is now live on Sei. The integration brings enterprise-grade lending infrastructure and curated markets trusted by Coinbase, Crypto.com, and major financial enterprises to the network. Morpho currently holds $8.57 billion in total value locked and $4.56 billion in active loans, backed by Andreessen Horowitz, Pantera Capital, and Coinbase Ventures. The protocol powers Coinbase's crypto-backed loan feature, which has surpassed $1 billion in total loans.

Sei has established itself as the preferred digital asset settlement layer, trusted by leading institutions and enterprises including Circle, Ondo, Securitize, Apollo, and BlackRock’s tokenized fund. Morpho’s deployment on Sei further validates the network's technical capabilities for enterprise-scale performance, reinforcing its role as the base layer for the world's largest RWAs, stablecoins, and institutions.

Sei delivers high-throughput, low-latency architecture and sub-second finality, enabling sophisticated DeFi applications, like Morpho, to process large-scale lending operations with the speed and reliability enterprise users expect.

Yei Finance Marks Milestone with Successful Clovis TGE

Yei Finance, Sei's largest native DeFi protocol, has completed its Token Generation Event for Clovis (CLO), a new cross-chain protocol designed to address liquidity fragmentation.

Clovis operates as a unified hub that seamlessly swaps, lends, tracks, and bridges across chains. The CLO token launch demonstrates the maturation of native DeFi protocols building exclusively on Sei's infrastructure, leveraging the network's speed advantages for DeFi operations that require rapid position updates and liquidation mechanics.

DragonSwap Unveils V2 with $250K USDC Staking Rewards

DragonSwap, one of Sei's earliest native DEXs, has launched a major V2 upgrade—now live with $250K USDC in staking rewards. The new release features a cleaner, faster UI focused on trading and an upgraded Staker with marketplace listings and compounding options. The upgrade introduces improved capital efficiency through concentrated liquidity mechanisms and expanded incentive structures for liquidity providers. As one of the first dApps deployed on Sei V2, DragonSwap continues to leverage the network's parallelized EVM architecture to deliver fast token swaps with minimal fees. 

These V2 upgrades set the foundation for what follows: the release of DragonSwap Pro, an institutional-grade layer with one-click execution, as well as an advanced RFQ system and a mobile application. Each release compounds and together they establish DragonSwap as an institutional gateway and a core DeFi infrastructure provider on Sei.

Rubicon Brings Liquid Staking Infrastructure to Sei

Rubicon is bringing its liquid staking solution to Sei Network, addressing the challenge of idle capital in traditional staking. With Rubicon, users can deposit SEI and receive rSEI tokens that can be used throughout Sei's DeFi ecosystem for lending, trading, or liquidity provision while staking.

By building Rubicon natively on Sei, rSEI joins a thriving ecosystem across lending and borrowing markets, DEX infrastructure, MEV optimized staking yields, and seamless integration with wallets and validators. Rubicon’s LST infrastructure strengthens Sei's position as a DeFi hub by reducing liquidity fragmentation and enabling more efficient capital deployment across the ecosystem.

Fiamma Launches Bitcoin Bridge on Sei with Takara and Gauntlet Integration

Fiamma Labs has launched its BitVM2-powered Bitcoin bridge on Sei Network, enabling trust-minimized, seamless, secure BTC access for real DeFi across chains. Fiamma's bridge allows Bitcoin holders to mint FiaBTC (1:1 pegged to BTC) and access DeFi yield opportunities on Sei without relying on centralized custodians. The platform utilizes zero-knowledge proofs and Bitcoin's Layer 1 for finality, marking a significant advancement in bringing secure, non-custodial Bitcoin liquidity to Sei's high-speed ecosystem.

Fluxa Exchange Optimizes Trading Routes Across Sei DeFi Ecosystem

 Fluxa Exchange, a decentralized exchange aggregator built on Sei, has launched to optimize trading routes across the network's liquidity pools. The platform aggregates prices from multiple DEXs on Sei, ensuring users receive optimal execution for token swaps. By leveraging Sei's parallel transaction processing, Fluxa can query multiple liquidity sources simultaneously, reducing slippage and improving capital efficiency for traders navigating Sei’s DeFi ecosystem. Beyond aggregation, Fluxa is building a single, seamless entry point powered by intent and cross-chain flows, designed to become the confluence where all chains meet for final settlement.

Moralis Streamlines Sei Development with Battle-Tested Web3 APIs

Moralis, a prominent Web3 development platform, has integrated Sei Network into its API suite. Developers can now access Moralis's infrastructure to query tokens, balances, transactions, NFTs, historical data and monitor live onchain events using a single, unified EVM API.

This integration reduces development time for teams building on Sei by providing battle-tested APIs and SDKs, lowering the technical barrier for both crypto-native and traditional developers. Moralis enables developers to easily build DeFi, gaming, and consumer dApps that scale effortlessly on Sei’s high-performance network—all without managing complex infrastructure.

Veilcraft Demonstrates Sei's Gaming Potential with Roguelike TCG Launch

Veilcraft, a roguelike trading card game built natively on Sei, has opened its early access waitlist. The game combines strategic deck-building mechanics with blockchain-based asset ownership, allowing players to trade cards as NFTs while benefiting from Sei's fast transaction confirmation for in-game actions. Veilcraft represents the growing consumer gaming vertical on Sei, where rapid state updates create smoother gameplay experiences compared to traditional blockchain gaming infrastructure.

WLNS Leverages Sei's Speed for Global Health Data Infrastructure

The Wellness Network System (WLNS) has partnered with the Sei Development Foundation to build blockchain-based infrastructure for longevity and health equity initiatives. The partnership aims to create transparent, immutable health data systems that enable global access to wellness programs and medical research. By leveraging Sei's high-performance infrastructure, WLNS can process health data updates and coordination activities with minimal latency, supporting real-time health monitoring applications at scale.

Markets Move Faster on Sei. ($/acc)

Disclaimer:

This post is provided for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities, digital assets, or investment products. Any forward-looking statements, projections, or descriptions of anticipated activities are subject to risks and uncertainties and may not reflect actual future outcomes. Sei Development Foundation is not offering or promoting any investment in SEI tokens or digital assets, and any references to token-related activity are subject to applicable U.S. securities laws and regulations. All activities described herein are contingent upon ongoing legal review, regulatory compliance, and appropriate corporate governance. This post should not be relied upon as legal, tax, or investment advice.