$CLO is trading around $0.86, up 15 percent on the day, with $111M market cap, $45M TVL, and close to $20M in daily volume. That kind of move only happens when real liquidity is flowing.

Built on $SEI, Yei runs a full DeFi stack that actually gets used: lending through YeiLend, swaps on YeiSwap, and cross chain transfers through YeiBridge. CLO sits in the middle of that activity as the core asset tied to the protocol’s growth.

When the biggest DeFi venue on Sei is moving volume and holding TVL, the token in the center of it matters.