SEI Network TVL Token Soars 229% After Sei V2 Update

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Sei Network's TVL increased by 229% after the Sei V2 upgrade, reaching $95.3 million.
Yei Finance and DragonSwap fueled Sei Network's initial DeFi growth. The Sei V2 upgrade has enabled the launch of several additional DeFi protocols. The two main protocols are Yei Finance, Sei's first lending and borrowing protocol, which is a fork of Aave V3 that uses SEI, USDT and USDC for lending and borrowing, and DragonSwap, Sei's first EVM-compatible decentralized exchange.
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