Takara Lend · Sei

SPSEI

Overview

The Takara Lend SPSEI market on Sei is a lending position for the spSEI token, which serves as a liquid-staking receipt for SEI. Users deposit spSEI to earn interest from borrowers seeking staked liquidity.

Total APY stands at 58.47%, combining base lending yield and an additional reward layer. Over the past seven days, the rate has increased by 1.20% while over the last thirty days it has decreased by 1.18%. This places the current rate below the 30-day mean of 58.19%.

TVL is $4.4M with no reported change in the past week. The primary risk here is smart-contract exposure, given that this is a single-asset lending pool without multi-token interaction. The protocol's stable and upward prediction suggests relatively low near-term volatility risk for lenders.

Composed 2026-05-20 from the structured data above. See methodology for the full pipeline.

Risk profile

• Smart contract risk

  Funds are deposited into a smart contract. A bug or exploit in the contract could lead to total loss. Audits reduce, but do not eliminate, this risk. Check the protocol page for audit history.

• Yield variability

  Current APY is 0.63%; 30-day mean is 0.66%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 62% confidence based on historical patterns.

These notes are derived from the pool's structured data, not editorial advice. See our methodology.