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 users (monthly) Methodology

## 1. Overview

Active users (monthly) measures the number of unique addresses that make a revenue-generating transaction on Sei Network. This metric is utilized to track the monthly scale of user engagement and the overall adoption of the Sei EVM ecosystem. By identifying unique transaction senders within 30-day rolling windows, the network's active participant base is quantified.

## 2. Data sources

- **Blockchain events**: Transactions on Sei EVM, covering Sei

## 3. Step-by-step calculation

### Component A: User identification from Sei EVM

- **Purpose**: Identify unique transaction initiators within the Sei EVM environment
- **Logic**: Transaction records are parsed from the Sei EVM environment. The `from_address` field is extracted for every transaction to identify the sender responsible for initiating the activity.
- **Key fields**: `from_address` (user identification), `block_timestamp` (timing)

### Component B: Monthly deduplication and aggregation

- **Purpose**: Calculate the count of unique monthly participants
- **Logic**: Unique addresses are aggregated by truncating transaction timestamps to the 30-day window grain. For each 30-day window, a distinct count of transaction senders is calculated. This process ensures that each address is counted only once per 30-day window, regardless of the number of transactions submitted.
- **Key fields**: `block_timestamp` (monthly truncation), `user_address` (deduplication)

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

Unique revenue-generating users over a rolling 30-day window.

Sei NetworkSEI

Active users (monthly)

Active users (monthly)

Competitive landscape

Chain breakdown