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Wrapped SEI (Universal) USEI
USEI
0.6367
$
11.45 %
Change 24h
Market Cap
$ 132,214
Volume 24h
$ 739,871
Circulating Supply
208,165
Total Supply
160,502
USEI
$
Description
uSEI is a tokenized implementation of SEI designed to enable exposure to SEI across multiple blockchains including Base, Polygon, and Arbitrum.
uSEI is backed 1:1 with SEI reserves and issued as an ERC20 onchain. SEI collateral is held with Coinbase Custody and can be redeemed for the underlying SEI by burning the ERC20 token and claiming the underlying SEI collateral.
uSEI is designed to bring SEI to DeFi applications, enabling swaps, lending/borrowing, and more.