CoinIvy

Market weather: green · Bitcoin above its 20-week average (31 Oct 2026)

Sei NetworkSEI

The coin of Sei, a fast Ethereum-compatible blockchain aimed at trading and DeFi apps.

Rank #130Since August 2023
Price on 31 Oct 2026
C$0.0673 +15.6% since 31 Jul 2026 · 95.6% below its all-time high

The short version

SEI pays fees, is staked and governs Sei, a high-speed blockchain that runs Ethereum-compatible apps for trading and DeFi. Sei Labs builds it, co-founded by Jeff Feng and Jay Jog, with backers including Multicoin, Jump Crypto and Coinbase Ventures. Monthly unlocks of about 119.9M SEI, mostly to investors and the team, continue until mid-2027; the next is on 13 Nov 2026. On 31 Oct 2026 one SEI cost C$0.0673. From 31 Jul 2026 to 31 Oct 2026 its price changed +15.6% in Canadian dollars, and it was 95.6% below its all-time high of C$1.54 set on 15 Mar 2024.[1]

Checked 31 Oct 2026 · 13 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$0.2728 (3 Nov 2025) · low C$0.0533 (19 Aug 2026) · -74.7%[1]

Month-end prices (table)
DateC$US$
31 Oct 2026C$0.0675US$0.0484
30 Sep 2026C$0.1043US$0.0732
31 Aug 2026C$0.0609US$0.0439
31 Jul 2026C$0.0596US$0.0425
30 Jun 2026C$0.0707US$0.0498
31 May 2026C$0.0917US$0.0664
30 Apr 2026C$0.0784US$0.0578
31 Mar 2026C$0.0714US$0.0514
28 Feb 2026C$0.0944US$0.0690
31 Jan 2026C$0.1290US$0.0956
31 Dec 2025C$0.1539US$0.1124
30 Nov 2025C$0.1900US$0.1355

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026
C$0.0673[1]
3-month change
+15.6% in C$ (31 Jul 2026 to 31 Oct 2026)[1]
From its high
95.6% below its high of C$1.54 (15 Mar 2024)[1]
Market rank
#130, market value about C$452.9M[1]
Kind
Native coin · Sei (its own network)
Started
August 2023

Checks: the same 9 questions for every coin

Facts, not a rating
Can an admin key create new coins?NoSupply fixed at 10B; staking rewards come from a pre-allocated pool[2]
Can anyone freeze or take coins from holders?NoNo freeze or blacklist function found for SEI[3]
Can the token's contract code be changed?Not applicableRuns on its own blockchain; its rules change only through network upgrades
Is the supply capped?Yes10 billion total supply; no inflation beyond the pre-allocated pool[2]
Any scheduled unlocks in the next 12 months?YesAbout 1,104M SEI, 14.3% of circulating[2]
Does a team or foundation hold over 10% of supply?YesTeam, private sale, strategic and foundation allocations total about 52% of supply[2]
Do network fees reach coin holders?YesFees go to validators and stakers, but chain fees were only about US$70K a year[4, 5]
Main network hacked or halted in the past 2 years?NoNo exploit or halt of the Sei network found; no entry on Rekt's leaderboard[6]
Is a regulator or court case targeting the coin itself?NoNo live regulator or court case found; ETF filings are pending[7]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Run by
Sei Labs and the Sei Development Foundation (US-based); co-founders Jeff Feng and Jay Jog[8]
Funding
About US$35M: a US$5M seed (2022) and a US$30M strategic round (2023)[8]
Allocation
Team 20%, private sale 20%, strategic 3%, foundation 9%, ecosystem reserve 42%[2]

Supply

In circulation
6.73B SEI of 10.00B in total (67.3%)[1]
Maximum supply
None set[1]
Fully diluted value
1.49 times its current market value[1]
Supply
10B total; 7.70B counted as circulating (77%)[2]
Unlocks
About 119.9M SEI a month on about the 13th, Nov 2026 to Jun 2027; 111.5M in Jul 2027[2]
Next 12 months
About 1,104M SEI, 14.3% of circulating; private sale 500M and team 380M of it[2]
Staking rewards
Paid from a pre-allocated pool releasing 13.75M SEI a month[2]

Use and fees

Main use
Gas, staking and governance on a chain built for trading apps[9]
Network fees
About US$70K in the past year; apps US$14.4M; TVL US$23.6M[5]
Upgrades
Giga programme; SIP-6 (28 Oct 2026) proposes Autobahn consensus aiming at 200k TPS[9]

Trading

Daily trading
About C$68.0M a day on average, 31 Jul 2026 to 31 Oct 2026[1]
Daily turnover
Typically 11.84% of its market value changes hands each day[1]
20-week average
6.8% below its 20-week average price[1]
1-year change
-74.9% in C$[1][10]

History

Not a forecast

Coins ranked 51-200 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 4,050 cases, 612 coins

39% were higher a year later[11]

Typical result
Median -25% after a year; 45% higher after two years
Lost half or more
38% within a year
Against Bitcoin
12% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

1 red flag found
  • Red flag: About 1,104M SEI, 14.3% of circulating supply, unlocks in the 12 months from Nov 2026, mostly to private-sale investors (500M) and the team (380M).[2]
  • The next monthly unlock of 119.9M SEI is due on 13 Nov 2026.[2]
  • Staked SEI ETF filings from Canary, 21Shares and REX-Osprey were not confirmed as trading by 31 Oct 2026.[12, 13, 7]
  • SEI's MiCA white paper went on record across the EU on 21 Oct 2026.[9]

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates

  1. CoinGecko market data, 31 Oct 2026
  2. DefiLlama emissions dataset, 31 Oct 2026
  3. CoinMarketCap, 31 Oct 2026
  4. Cosmos SDK distribution module spec
  5. DefiLlama fees, 31 Oct 2026
  6. Rekt leaderboard
  7. CoinMarketCap AI updates (Sei), Oct 2026
  8. Sei website
  9. Sei blog, Oct 2026
  10. Bank of Canada USD/CAD rate, 31 Oct 2025
  11. CoinIvy history data: CoinMarketCap weekly rankings 2013-2026, dead coins included
  12. The Block (Canary staked SEI ETF), Apr 2025
  13. Decrypt (21Shares SEI ETF)

Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.