Sei network nears $16 billion in all-time DEX volume as Saphyre dominates trading

The trading-focused Layer-1 has logged $15.9 billion in cumulative decentralized exchange volume, with nearly all recent activity running through one venue Sei Network’s decentralized exchange volume has reached $15.9 billion in cumulative terms. The milestone landed on October 19, 2026, and puts the trading-focused blockchain within shouting distance of the $16 billion mark. Sei is a Layer-1 blockchain that emphasizes low-latency execution, meaning trades confirm quickly enough to suit active traders. Over the 30 days leading up to October 19, Sei recorded $278 million in DEX volume. Saphyre, the chain’s leading decentralized exchange, accounted for about $276 million of that total. Every other DEX on Sei combined handled roughly $2 million. Sei’s 24-hour DEX volume currently sits at $6.61 million, up 15.41% on a weekly basis.

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