Seamless Protocol

Explore Seamless Protocol (SEAM) token rights, holder benefits, governance power, and revenue distribution on DefiLlama.

Seamless Protocol (SEAM) Token Rights & Governance

Seamless vault fees on Morpho are directed to stakers (stkSEAM holders). Currently, the assets included in protocol fee capture are smcbBTC, smETH and smUSDC, this list may change overtime. Stakers accrue any SEAM or esSEAM rewards DAO governance votes to emit to stakers.

Seamless wound down in June 2026. The remaining DAO treasury was distributed pro-rata to SEAM/stkSEAM holders in USDC under SIP-51.

Seamless is a multichain protocol using Leverage Tokens (LTs) wrap looping, yield farming, leveraged positions simple ERC-20 tokens. The governance token (SEAM), esSEAM, staking module (stkSEAM), and onchain governance operate on Base. esSEAM is an escrowed version of SEAM that linearly unlocks over 12 months.