The platform offers flexible tools for managing crypto assets:

• Earn passive income by increasing liquidity through deposits

• Borrow using overcollateralized or undercollateralized loans

• Manage risk with advanced tools

Supported assets include LRTs, LSTs, and major cryptocurrencies such as SEI, USDC, and ETH. The protocol is designed to adapt to new asset classes.

Clovis is Yei’s cross-chain extension — a liquidity abstraction layer that unifies fragmented liquidity.
Using Sei’s hub-and-spoke architecture, it integrates lending, DEX, and bridge services, combining each deposit with lending, swap, and bridge yields (stacked yield).

Currently, Yei Finance has over $600 million TVL and generates $6.6 million in annual revenue, making it one of the largest dApps on Sei.

Team and Founders

Yei Finance was developed by Yei Labs, based in Taipei.
The team consists of experienced DeFi and blockchain professionals:

• CEO: Austin Chien – Strategic leader with finance and blockchain expertise.

• CTO: Frank Wang – Smart contract and cross-chain architecture lead.

• CMO: Jason Hsu – Marketing and community growth head.

Despite maintaining partial anonymity, the team has demonstrated strong technical competence through systems inspired by Aave V3 and Uniswap. Their community-driven approach helped them reach $130M TVL in early stages.

Investors and Key Partners

Seed Round (Dec 2024): $2M

Lead Investor: Manifold Trading

Other Investors: DWF Ventures, Kronos Research, Outlier Ventures, Side Door Ventures, WOO Network

Strategic Partnerships:

• Sei Network: Core infrastructure, Clovis hub chain

• Wormhole: Secure cross-chain messaging

• Sailor Finance: CLO IDO platform for Yeiliens NFT holders

• KuCoin: CLO spot trading (Oct 14, 2025)

• Binance Wallet: Bridge and reward campaigns

• Hypernative & Packshield: Security integrations

These partnerships strengthen liquidity, security, and accessibility across Yei’s ecosystem.

Project Vision

Yei Finance leverages Sei’s sub-second finality to connect fragmented DeFi components. Clovis is positioned as a “DeFi Operating System”, solving liquidity fragmentation through a hub-and-spoke architecture — Sei acts as the hub, while Arbitrum, Ethereum, and other networks function as spokes.

Users can deposit on one chain (e.g., Arbitrum) and borrow on another (e.g., Base) without switching networks. Initially developed as an Aave V3 fork, Yei evolves through Clovis to maximize capital efficiency and optimize yield.

How It Works

Deposit Assets: Users deposit SEI, USDC, ETH, LSTs, LRTs, etc. across 10+ EVM chains.Batch deposits prevent fragmentation and reward users with Clovis Points and APY.

Borrow Assets: Supports overcollateralized and flash loans.Universal interest rates (e.g., fixed APR for USDC) and E-mode optimize capital efficiency.

Swap & Bridge: YeiSwap uses cloTokens (lending receipts) to provide dual yield (lending + swap fees).Clovis Transport enables instant cross-chain transfers using local buffers and netting, cutting execution flow by 80%.

Risk Management: Health factors, borrowing power, and rebalancing thresholds (Rmin/Ropt/Rmax) ensure safety.Penalty and incentive mechanisms maintain stability.

Yield Stacking: Clovis Vaults deploy idle funds into low-risk protocols, offering risk-tranched yield farming with no lock-up.

The Four Pillars of Clovis

1. Clovis Market – Unified lending rates.

2. Clovis Exchange – AMM + aggregator enabling dual yield with cloTokens.

3. Clovis Transport – Instant bridging with local buffers.

4. Clovis Vaults – Tiered yield farming using idle capital.

Clovis Exchange

Clovis Exchange operates as a cross-chain DEX, utilizing liquidity from Clovis Market. It matches cloTokens in AMM pools, enabling both lending and swap rewards (dual yield). Liquidity is concentrated in a single hub chain and optimized for cross-chain transactions.

Governance

Yei Finance is governed by a DAO where CLO token holders can vote on:

• Asset listings

• Risk parameters

• Protocol upgrades

Initially team-led, governance will fully transition to DAO post-TGE. Smart contracts are audited, and proposals are executed via Snapshot voting. The community engages through Galxe quests and Twitter Spaces.

Roadmap

2024 Q1–Q2:

• Mainnet launch, 60M+ TVL, SEI/USDT/USDC rewards

2024 Q4:

• $2M seed funding, omnichain lending development

2025 Q4:

• $CLO TGE

• Clovis cross-chain lending market launch

• Clovis decentralized bridge & mainnet across major EVM chains

• Wormhole & LayerZero cross-chain messaging integration

2026 Q1:

• Clovis cross-chain DEX launch

• Messaging layer and yield optimization vaults

• Expansion to Solana & Sui

CLO Token Utility

CLO serves as both a governance and utility token across Yei Finance’s DeFi products.

Use Cases:

• Governance: Voting on protocol decisions.

• Liquidity Incentives: Staking rewards & Clovis points.

• Fee Sharing: Portion of lending, swap, and bridge fees.

• Airdrops & IDO Access: Early user benefits.

• Cross-Chain Utility: Discounts on bridge & swap fees.

Tokenomics

• Ticker: CLO

• Total Supply: 1,000,000,000 CLO

• Circulating Supply: 129,100,000 CLO

Token Allocation:

• Ecosystem: 30%

• Treasury: 20.5%

• Team: 15%

• Investors: 10%

• Marketing: 6.5%

• Airdrop: 5%

• Advisors: 5%

• Liquidity: 4%

• Exchange: 3%

• IDO: 1%

Ecosystem and Products

Yei Finance’s Sei-based ecosystem includes:

• YeiLend: Lending platform

• YeiSwap: DualYield V2 DEX

• Yeiliens NFT: IDO access for NFT holders

• YeiBridge: Cross-chain bridging

Key Features:

• Shared Liquidity: Clovis pools eliminate bootstrap needs.

• Dual Yield: cloTokens earn both lending and swap fees.

• Instant Bridging: Low latency and 70%+ cost reduction.

• Risk Management: Real-time rebalancing & mempool monitoring.

• Plug-and-Play: Easy integration for new L1/L2 networks.

• User-Centric UX: One-click cross-chain experience.

Official Links

• Website
• Twitter
• Whitepaper

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

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What Does WLFI’s Move on SEI Mean?

According to blockchain analytics platforms, the WLFI wallet has recently turned its attention to SEI (Sei Network). This move is considered a sign of growing confidence in the SEI ecosystem.

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Known for its high-speed transaction confirmations and strong focus on decentralized finance (DeFi), SEI has been attracting increasing interest from investors in the crypto space. A significant financial entity like WLFI investing in this project could serve as a major signal for SEI’s future potential.

How Did SEI’s Price React?

Following this purchase, SEI Coin has surged 16% in the past 24 hours, reaching $0,25. Interest from major investors like WLFI could further strengthen SEI‘s position in the market. In the crypto space, investments from large funds often trigger price movements and could mark the beginning of a new bullish trend.

Trump-Backed WLFI’s Crypto Strategy

WLFI is recognized as a financial initiative supporting Donald Trump’s interest in the cryptocurrency industry. Having previously invested in various altcoin projects, this entity has been a significant force in the market, causing noticeable fluctuations. Given the impact of crypto regulations and political developments on the market, investments made by a Trump-backed fund are closely monitored.

This investment in SEI could also reflect Trump‘s stance on the crypto market as he heads into the 2024 election cycle. With the current political landscape and regulatory discussions, such investments could have an even greater influence on the market.

Will SEI continue its price surge following this major acquisition? How will WLFI‘s crypto investments shape the market? Could this investment be a critical step for SEI’s future?

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

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Thanks to this integration, Alchemy Pay will support and integrated with Sei Network users to buy the SEI token more easily with normal fiat payment methods.

Sei Network is a customized, open-source layer-1 blockchain for trade transactions. Sei Network has raised over $30 million from investors such as Multicoin, Jump, Coinbase Ventures, Flow Traders, Anchorage, LayerZero and StepN. Additionally, the Sei team consists of experienced staff who previously worked at major companies such as Google, Goldman Sachs, Robinhood, Nvidia, and Databricks.

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Sei Co-founder Jeff Feng said, “With Alchemy Pay, applications on Sei can now seamlessly connect to traditional fiat currencies for businesses, developers, and users worldwide. Additionally decentralized applications are taking a significant step towards true adoption on a large scale by integrating with traditional payment gateway systems.”

Alchemy Pay’s fiat-crypto On-Ramp system currently operates in 173 countries. Alchemy enables its users to purchase cryptocurrencies through traditional methods. These methods include traditional methods such as Visa and Mastercard, Apple Pay and Google Pay, and also has access to more than 300 local payment methods.

In a statement, Alchemy Pay explained their continued efforts to play an active role in the global market and said there are more integrations to come.

You can freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram  ,YouTube and Twitter channels for the latest news and updates.

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After garnering substantial attention from investors and airdrop enthusiasts over an extended period, the SEI project has finally unveiled its highly anticipated airdrop announcement. The announcement outlines the eligibility criteria for participating in the SEI airdrop, indicating that users engaged with the Atlantic 2 testnet and those enrolled in the SEI Ambassador Program stand qualified to receive airdrop rewards.

Although the Airdrop Claim page has been opened for use, users expressed concern about the absence of a designated claim button. In response to these concerns, the platform issued a statement on its X (Twitter) account.

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The statement reads: “This marks the commencement of an extensive journey dedicated to swiftly transforming web2 experiences into web3 applications. The rewards associated with Atlantic and the Airdrop will become claimable after an initial warm-up phase, as the SEI Ecosystem readies itself. The SEI Foundation eagerly anticipates the emergence of innovative applications built upon SEI’s foundational infrastructure.”

Guidelines for SEI Airdrop Claim:

While the SEI team has not provided explicit instructions, several claims have surfaced. Among these, the most prominent is the assertion that airdrop distribution will occur subsequent to the mainnet launch.

According to this assertion, SEI intends to deliver airdrops post-beta launch to individuals engaging in bridge and stake transactions through the website initially shared with the mainnet beta named Pacific-1. This website, believed by the community to serve as the airdrop claim interface, is expected to facilitate airdrop rewards.

It is important to note that these claims lack definitive confirmation. An official statement from the platform regarding this matter is still pending.

You can present your own thoughts as comments about the topic. Moreover, you can follow us on Telegram and YouTube channels for the kind of news.

The post How to Claim SEI Airdrop? appeared first on Coin Engineer.

What Problems Sei Network Solves

As you know, every blockchain network has its own problems. Networks cannot solve all of these problems at once. Sei Network claims to solve these problems. In particular, DEX plans to solve the scalability problem with Layer-1 customized for trading operations.

Foundations of Sei Infrastructure

Uniquely Fast

This network, launched by Twin-Turbo Consensus, claims to be the fastest blockchain on the market. In addition to speed, Sei promises low network fees and efficiency. Sei Network’s motto is: Modern applications require modern performance and scalability.

User Focused Center

As an open source project, Sei puts the user at the center. That’s why the Sei network offers seamless interoperability, local pre-protection and multiple levels of transactional packaging.

Safety First

Sei Network attaches great importance to security. So much so that it is secured by many large organizations. In addition, it is said that everything is built from scratch to make the network secure.

A New Blockchain Design Space: Sei

Now that we know the basics of the Sei infrastructure, let’s talk about what it brings to the industry. Some of the features of this network are refreshing.

Changeability over Time

The Sei network was built with interoperability and language compatibility in mind. So as the industry and developers evolve, Sei adapts. Sei changes and evolves as it is managed by the community. The technology stack is also moving in the direction of what users want. Therefore, Sei technology is always up to date.

Security

Sei, whose security is audited by large and prestigious institutions, attaches great importance to this issue. Also, as we mentioned above, it emphasizes that it was built from scratch because of the importance it attaches to security.

Scalability

Sei is being built to support even the world’s largest applications at scale.

Zero Carbon

One issue that has been of great concern for crypto projects lately is environmental damage. Sei Network strives to be environmentally conscious and maintains a minimum margin of harm. Developing various methods in this direction, the Sei Foundation strives for a more efficient and harmless digital asset industry.

Speed

Sei Network promises unprecedented blockchain speed. In addition, Sei Network claims that security and stability do not decrease while increasing to high network speeds.

New Apps

Thanks to Sei Network’s optimization combinations, unique applications can be created. This is because the advantages of Web3 and digital property are many. In addition, Sei is empowering the next generation of developers and creators with its new design space in Web3.

Some Projects Building on Sei

Many projects have already started using the Sei infrastructure. Some of these projects are quite high quality. If we rank these projects; Axelar, Pyth, Sushi, Kargo and Nitro.

Comparison with Other Networks

Sei wants to stand out not only for its fast network operations but also for its other features. So let’s compare the Sei network with other networks, with information also available on its website.

Bitcoin: Transaction speed = 10 tps, transactional precision = 60 minutes, frontrunning prevention = none, processing style = sequential, sybil protection = PoW

Ethereum: Transaction speed = 20 tps, transactional precision = 6 minutes, frontrunning prevention = none, processing style = sequential, sybil protection = PoS

Solana: Processing speed = 10,000 tps, processing precision = ~2.5 seconds, frontrunning prevention = none, processing style = parallelized, sybil protection = PoS

Sei: Processing speed = 20,000 ops, processing precision = 500 ms, frontrunning prevention = FBA, processing style = parallelized, sybil protection = PoS

Supporters and Investors

Sei is a project that can get a lot of hype and investors and institutions that know this are interested. We can list the institutions that support and invest in this project as follows: Multicoin Capital, GSR, Flow Traders, HRT, Coinbase, Jump, Delphi Digital, Distributed Global, Stepn (Mable Jiang), Layer Zero (0xMaki), Yield Guild (Gabby Dizon), Frax (Sam Kazemian) and Sudo Swap (State).

What is SEI Token?

SEI Coin (SEI) is the network’s unique token and is used for administration and assistance. However, we can’t comment on the SEI coin because we don’t have coin information and distribution information yet. In addition, the Network does not have much information on CoinMarketCap. In addition, SEI Coin looks like a very promising project.

Will Sei Do Airdrops?

Sei blockchain said it will give special airdrops to those who participate in its testnet. With these airdrops, the Network Coin will be given to you. You need to do some transactions with the Sei Network wallet in testnets. Also, do not forget the Network bridge process. You can find our related flood here: (to be added)

Team

The Network’s team information is not available on their website. However, we put the link to their LinkedIn page here for you. Let’s also add some team members here:

Co-founder Jayendra Jog

Co-founder Jeff F.

Head of Ecosystem: Dan Edlebeck

Road Map

The Network does not have any active roadmap information. However, you can check out their website and whitepaper to learn more about the project.

On the Airdropmuhendisi Youtube channel, we evaluated the possibility of the Network airdrop for you. You can reach the details through our channel. However, all the earning opportunities you can evaluate are available on our channel.

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