# Sei's Top Degen Opportunities

*Author: Bankless*
*Published: Feb 2, 2024*
*Source: https://www.bankless.com/seis-top-degen-opportunities*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/02/Frame-50474--8--1.png)](https://www.bankless.com/sponsor/kraken-1682978636?ref=top-5-sei-ecosystem-projects-2024&email=true)

  

     Sei's Top Degen Opportunities
  
  

  
  Published on Feb 2, 2024

[
  
  View in Browser

](https://bankless.com/read/briefs)
 

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[**Sponsor: Kraken**](https://www.bankless.com/sponsor/kraken-1682978636?ref=top-5-sei-ecosystem-projects-2024&email=true) — Sign up for an account and see what crypto can be. 

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.  .  .

 
  
    
      
      NEED TO KNOW
    
    
  
  
    
   FTX Hackers Found
  
  

  

 

![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/02/Group-14--25-.png)- 🥷 **FTX hackers found.** The mystery $400M theft that occurred in FTX's darkest hour has been the subject of much speculation, but Bloomberg reports that a trio of SIM Swappers recently charged by the DOJ [were responsible](https://www.coindesk.com/policy/2024/02/01/ftx-hack-mystery-possibly-solved-us-charges-trio-with-theft-including-infamous-attack-on-crypto-exchange/?_gl=1*zsucg3*_up*MQ..*_ga*MTI0MjA4NTg4NC4xNzA2OTA4Njk0*_ga_VM3STRYVN8*MTcwNjkwODY5My4xLjAuMTcwNjkwODY5My4wLjAuMA..).
- 🪿 **3AC founders' OPNX to shut down.** The centralized exchange led by Kyle Davies and Su Zhu announced that [it will shut down this month](https://x.com/0xngmi/status/1753167558503489754?s=20).
- 💸 **DCG agrees to $21M settlement. **DCG's Genesis group has [reached a settlement](https://x.com/axios/status/1753150401325543567?s=20) with the SEC over its *Earn* product. They'll pay a $21M penalty.

.  .  .

 
  
    
      
      TODAY IN MARKETS
    
    
  
  
    
    DeFi's Points Game
  
  

  

 
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/02/image---2024-02-02T160647.449.png)](https://www.bankless.com/too-many-points)📊** Onchain Points.** Points trading is gaining traction among airdrop hunters seeking to monetize their points prior to the distribution of an actual token. *How do platforms facilitate points trading, and is this a worthwhile speculative activity for anyone?*

Prices as of 4pm ET
24hr
7d

 

       ![](https://banklesspublic.b-cdn.net/cmc.png)
    

  **Crypto**
   
          $1.65T
       

  
    
    ↗ 0.2%
    
  

   
    
    ↗ 2.5%
    
  

       ![](https://banklesspublic.b-cdn.net/btc.png)
    

  **BTC**
   
          $43,022
       

  
    
    ↗ 0.1%
    
  

   
    
    ↗ 2.5%
    
  

       ![](https://banklesspublic.b-cdn.net/eth.png)
    

  **ETH**
   
          $2,299
       

  
    
    ↗ 0.1%
    
  

   
    
    ↗ 2.0%
    
  

  

[Unlock Today's Full Market Analysis](https://www.bankless.com/too-many-points)

.  .  .

 
  
    

    ANALYSIS

  
  
    
   5 Degen-Only Opps on Sei
  
  
  
  
  
   
     
     Bankless Author: 
     
      [
       
       David C
     
    ](https://twitter.com/davewardonline)
 

[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/02/image---2024-02-02T160635.741.png)](https://www.bankless.com/top-5-sei-ecosystem-projects-2024)With its price climbing nearly 3x since Dec 1 and [weekly users growing from 5k to over 100k at some points](https://flipsidecrypto.xyz/omer93/sei-weekly-megadashboard-sei-weekly-megadashboard-upfulK) since then, Sei has established itself as an ecosystem to watch!

As we explore these ***5 degen-only opportunities***, it's crucial to understand the nuances of each project, the potential upside they hold if successful, as well as the risks that come from engaging with a project in its early stage. 

**See all 5 Opportunities 👇👇👇**

[Get the Full Details](https://www.bankless.com/top-5-sei-ecosystem-projects-2024)
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