Recently, I have been researching the project layout of the SEI ecosystem and discovered an interesting phenomenon. As the second-ranked DeFi protocol on the SEI chain by TVL, Yei Finance's token CLO has risen to the third place in the past 7 days, only behind those hot new projects.
However, most people’s understanding of Yei still remains superficial—simply viewing it as another lending protocol like Aave or Compound. In fact, the way this project operates is far more than that. Today, let’s take a deep dive into the logic behind Yei and also point out a potential project within the SEI ecosystem that is often overlooked. If you're interested, you might want to follow along.
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MidnightGenesis
· 13h ago
Monitoring shows that behind CLO's recent surge, there are some small moves on the contract deployment side. On the surface, it looks like the lending protocol is actually secretly restructuring liquidity. No surprises there.
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WhaleWatcher
· 13h ago
CLO is doing pretty well, but is the Yei project really underestimated or is it just another hype? The SEI ecosystem hotspots are shifting too quickly.
Can't afford to gamble, I've been numb to lending protocols for a long time. Can we see some real skills and achievements?
If TVL is second, can it be praised? Better to first look at the trading depth, and not end up with poor liquidity as a burden again.
Wait, are you saying Yei is not just lending? What else can it do? Please explain in detail.
With so many DeFi projects on the SEI chain, only a few are truly profitable. Is Yei one of them?
Let's observe first, don't rush to FOMO. I've seen too many of these tricks.
How did CLO's recent surge happen? Is it mainly hype or have the fundamentals really improved?
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HashRatePhilosopher
· 13h ago
CLO has risen so much, I've been optimistic for a while, but the market just hasn't reacted yet.
This wave of the SEI ecosystem definitely has potential, but I'm worried it might be another flash in the pan.
Yei isn't just lending? Okay, I'll check it out, hopefully it's not just empty promises again.
The TVL is still second and still growing so aggressively, which means there's something there.
Wait, could this be another rebranded version of Compound?
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gas_fee_therapist
· 13h ago
CLO has risen so much that I really didn't notice... Wait, is the SEI ecosystem starting again?
To be honest, I just treated Yei as Aave, but now that you mention it, I really need to take a closer look.
The second-ranked TVL usually has some tricks; it's not just simple lending and borrowing.
Alright, I'll do some research. Hopefully it's not some complicated liquidity mining nested scheme again.
Recently, I have been researching the project layout of the SEI ecosystem and discovered an interesting phenomenon. As the second-ranked DeFi protocol on the SEI chain by TVL, Yei Finance's token CLO has risen to the third place in the past 7 days, only behind those hot new projects.
However, most people’s understanding of Yei still remains superficial—simply viewing it as another lending protocol like Aave or Compound. In fact, the way this project operates is far more than that. Today, let’s take a deep dive into the logic behind Yei and also point out a potential project within the SEI ecosystem that is often overlooked. If you're interested, you might want to follow along.