ChainCatcher news, according to official sources, the decentralized lending protocol Yei Finance has announced the completion of a $2 million seed round financing. This round was led by Manifold, with participation from DWF Ventures, Kronos Research, Outlier Ventures, Side Door Ventures, and WOO.According to the Web3 asset data platform RootData, [Yei Finance](https://www.rootdata.com/zh/Projects/detail/Yei Finance?k=MTMwNTY= "Currency market on the Sei network") is a currency market on the Sei network. Yei Finance offers a wealth of investment opportunities through its extensive asset coverage, comprehensive risk framework, and detailed token access.

ChainCatcher news, according to official information, the Sei ecosystem earning season event launched by OKX Web3 DeFi has doubled its daily rewards to 106,400 SEI per day. From September 4, 2024, 18:00 (UTC+8) to October 4, 2024, 18:00 (UTC+8), users can enjoy exclusive interest rates and share 2,674,603 SEI by depositing USDT, USDC, or iSEI into Yei Finance.It is reported that more ecological protocols will join the OKX Web3 DeFi earning season in the future, so stay tuned.

ChainCatcher news, since the launch of the SEI ecosystem lending protocol Yei Finance on June 5, the TVL has exceeded 32 million USD, with a market size of 156 million USD, and 1.32 million SEI incentives have been issued. On June 26, all pools reached the lending cap of 105 million USD, and on June 27 at 23:00, after the cap was raised, the USDT pool reached the lending cap of 75 million USD within 4 hours. Yei Finance has also recently launched an airdrop points system.