SEI · a hard cap, arriving 89M at a time, with nothing coming back.

Sei releases new SEI on a clock, not on a rate. A schedule written into the chain hands out a fixed amount each year — 180M through Aug 14 2026, then 165M for the year that started Aug 15 2026 — split evenly across the days and paid to stakers. That works out at 494,505 SEI a day for most of this window and 453,297 a day since the step down, so 44.3M was created in the last 90 days. The next 90 days sit entirely on the smaller number: 40.8M. Total supply has followed the schedule to within 1,032 SEI since launch.

Team and private-sale allocations of 2B each cleared their one-year cliff in Aug 2024 and have released on the 15th of every month since — 33.3M from the team tranche and 55.6M from the investor tranche, 88.9M together. Three of those landed inside this window, on Jun 15, Jul 15 and Aug 15 2026, for 266.7M SEI. Three more land on Sep 15, Oct 15 and Nov 15 2026. The investor tranche runs to Aug 2027 and the team tranche to Aug 2029, so nothing runs out inside the next year.

The Ecosystem Reserve of 4.8B is the one team-controlled overhang, and the part of it that reaches the market is the release schedule already counted in the row above. What is left is grant and ecosystem spend from wallets the project does not label, with no published dates and no outflow we could observe this session. The Foundation's own 900M tranche finished releasing in 2023 and the launchpool's 300M went out at launch, so neither holds anything back. No public evidence of release in window — monitored.

No bankruptcy estate, trustee or court-administered pool holds SEI, and no distribution schedule exists that could put a legacy position onto the market. There is nothing in this row to watch.

Sei runs no buyback. There is no repurchase contract, no auction that retires tokens and no published programme that spends revenue on SEI, so nothing is bought back and no accumulation wallet exists behind this row.

Gas paid on Sei is not destroyed. It is pooled and paid out to validators and delegators alongside the scheduled release, so busy blocks raise staking income rather than shrinking supply. Both ways a token can be destroyed were checked: supply itself has never fallen, and the two dead addresses on the EVM side hold 19 and 1,386 SEI between them.

The Sei Foundation runs no open-market purchase programme with a published amount or a set schedule, and no treasury buyer discloses SEI purchases on any timetable. Nothing was bought inside the window. No public evidence of release in window — monitored.

Staking SEI carries a 21-day unbonding wait, which is a delay rather than a lock, and 4.19B is already bonded. No new escrow, vault or long-dated lock contract was deployed inside the window, so nothing was taken off the tradable float.