Validators process transactions and receive fees from users (supply-side fees).

Sei is a Layer 1 blockchain built for fast, low-cost financial transactions. It combines the security and reliability of Ethereum with the high performance of Solana. To date, Sei has processed billions of transactions across more than 90 million wallets. The project is backed by leading investors, including Multicoin Capital, Jump, Coinbase Ventures, and Circle Ventures. Token Terminal exclusively tracks Sei EVM data.

SEI holders own and govern the protocol. They currently do not take a cut of the transaction fees paid by users (revenue). Sei's investors include Multicoin Capital, Coinbase, etc.

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Blockchains (L1)

Sei Network

# Sei Network Active addresses (monthly) Methodology

## 1. Overview

Active addresses (monthly) is measured as the number of unique addresses that initiate at least one transaction on Sei Network within a 30-day rolling window. Activity is specifically captured from Sei EVM to represent the distinct participants interacting with the network's applications and core infrastructure. This metric is utilized to assess the growth, adoption, and retention of the network's user base.

## 2. Data sources

- **Blockchain events**: Transaction data from the `transactions` table on Sei EVM
- **External data**: Asset metadata for chain and product identification

## 3. Step-by-step calculation

### Component A: Sei EVM transaction parsing

- **Purpose**: Identify the unique entities initiating activity on the network
- **Logic**: Transaction records are retrieved from Sei EVM. The `from_address` field is extracted from each transaction to identify the sender. These addresses are classified as "Transaction sender" to represent the primary active users of the network.
- **Key fields**: `from_address` (user identification), `block_timestamp` (timing)

### Monthly aggregation

- **Purpose**: Calculate the monthly count of unique active participants
- **Logic**: The extracted addresses are deduplicated to ensure each unique address is counted only once per 30-day window, regardless of how many transactions were submitted. The data is aggregated using UTC monthly boundaries. Final values are grouped by chain and project levels to produce the monthly active address count.
- **Key fields**: `user_address

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Unique addresses active over a rolling 30-day window.

Sei NetworkSEI

Active addresses (monthly)

Active addresses (monthly)

Competitive landscape

Chain breakdown