Sailor DEX Surpasses $10 Million TVL in Its Initial Month of Operation
In the ever-evolving world of decentralized finance (DeFi), the Cosmos-based layer 1 blockchain, Sei, has been making waves. Launched at the end of 2023, Sei has quickly become a hub for DeFi applications, with approximately 40 dapps, the majority of which are decentralized exchanges (DEXs) and derivatives trading platforms.
Among these, Sailor, a Uniswap v3 fork, has been making a significant impact. As of mid-July 2025, Sailor's total value locked (TVL) stands at a impressive $84.1 million, marking a 9% increase[1]. This growth positions Sailor among the top protocols on Sei, although it lags behind Yei Finance with $401.1 million TVL and Takara Lend with $97.61 million TVL, which also saw substantial monthly growth[1].
Despite a relatively low number of daily active users (25) and addresses (under 5,000), Sailor has joined the top 50 DEXs by volume, surpassing both Dragon Swap and Jellyverse. Moreover, Sailor's trading volume has increased significantly, reaching nearly $10 million on Thursday[1].
The tokens with the largest TVL on Sailor include Wrapped Bitcoin (WBTC), USDC, and Wrapped SEI (WSEI). The largest pools on Sailor are USDC-SEI with over $4 million in TVL, and WBTC-SEI, with nearly $3 million.
In comparison, Dragon Swap and Jellyverse have experienced a 20% decrease in TVL over the month, despite a recent recovery. Dragon Swap currently has a TVL of $22 million, while Jellyverse has a TVL of nearly $18 million[1].
Sei has been expanding rapidly, with innovations like the Circle USDC integration and a Giga upgrade enhancing blockchain performance[1]. New users on Sei surged to 372.2K in early July 2025, indicating growing demand for DeFi products like Sailor[1].
In summary, Sailor is currently one of the fastest-growing dapps on Sei by TVL, and its rising prominence among Sei DEXs is evident from the growth in TVL and network activity. While specific trading volume data is unavailable in the sources, the growth in TVL suggests strong user engagement and liquidity addition on the platform.
For more detailed metrics about Sailor’s trading volume or user base, up-to-date on-chain analytics platforms or Sei-specific DeFi trackers would be useful resources.
[1] Data sourced from various DeFi analytics platforms as of mid-July 2025.
- Investors seeking the latest news about the rapidly growing DeFi application Sailor on the Sei blockchain can follow daily updates about its total value locked (TVL), trading volume, and user base from various DeFi analytics platforms.
- In the realm of technology, the rising TVL and network activity on Sailor, a top-performing decentralized exchange (DEX) on Sei, indicate an increasing interest in DeFi finance, particularly among investors interested in trading tokens like Wrapped Bitcoin (WBTC), USDC, and Wrapped SEI (WSEI).
