Messari: Sei's Q3 active users nearly doubled year-on-year, TVL declined but DEX and gaming trading hit record highs.

Daily active addresses increased by 93.5% to 824,000, with daily transaction volume reaching 2 million, marking the fifth consecutive quarter of growth. Although TVL decreased by 25.3% quarter-on-quarter to $456 million and stablecoin market capitalization decreased by 46.5% to $148 million, DEX trading volume increased by 75% to an average of $43 million per day, with game transactions reaching 116 million, becoming the main driver of growth.