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.
Where is Wrapped SEI (Universal) available for purchase?
You can exchange USEI tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading Wrapped SEI (Universal) is Aerodrome SlipStream, notably the USEI/WETH pair, which saw a trading volume of $ 4,741.42 in the past day.
What is the highest value Wrapped SEI (Universal) (USEI) has ever reached?
Wrapped SEI (Universal) (USEI) reached its peak price at 0.7318 $ on 05 December 2024, approximately 9 months ago ago. Presently, the current price is -60.59% lower than this all-time high.
What is the historical minimum price for Wrapped SEI (Universal) (USEI)?
The minimum price reached for Wrapped SEI (Universal) (USEI) was 0.1296 $, documented on 07 April 2025, more than 5 months ago. In comparison, the current price is 122.5%, it above this historical low.
What is the fully diluted valuation of Wrapped SEI (Universal) (USEI)?
The fully diluted valuation (FDV) of Wrapped SEI (Universal) (USEI) stands at $ 102,607. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of USEI tokens. The realization of this FDV might take several years depending on the emission schedule of USEI tokens.