Sei Network (SEI) offers fast, secure, and scalable blockchain solutions for trading. More
| Fully Diluted Valuation | $2.92B |
|---|---|
| 24H Trading Volume | $118.71M |
| 24H Low / High | $0.29 / $ 0.30 |
| Circulating Supply | 6.01 B |
| Total Supply | 10.00 B |
| Max Supply | ∞ |
| Categories | Parallelized EVM 13 more |
|---|---|
| Founder | Dan Edlebeck 2 more |
| Website | sei.io Whitepaper |
| Socials | 2 more |
| Explorer | Seiscan 3 more |
| Name | Pair | OG Score |
|---|
Sei Network Trading with Sector-Specific Blockchain Solutions
In the dynamic realm of blockchain technology, Sei Network emerges as a pioneering force, dedicated to revolutionizing the trading landscape with its sector-specific Layer 1 blockchain solutions. Positioned as the fastest Layer 1 blockchain optimized for trading and exchanging digital assets, Sei offers a blend of scalability, speed, and security, tailored to meet the evolving needs of modern trading applications within the cryptocurrency industry.
Native Order-Matching Engine: Empowering Swift Execution
Sei's journey began in 2022 with a vision articulated by founders Dan Edlebeck, Jeffrey Feng and Jayendra Jog, who aimed to prioritize reliability, security, and high throughput above all else. Their commitment to innovation led to the development of a robust ecosystem, propelled by the Twin Turbo Consensus mechanism, a unique Proof-of-Stake (PoS) consensus protocol that ensures rapid transaction finality in as little as 300 milliseconds.
Frontrunning Prevention: Ensuring Fairness in Trading
At the heart of Sei's architecture lies a market-based parallelization approach, augmenting its throughput by 5-10 times compared to other high-performance ecosystems. This innovative mechanism enables Sei to process a higher number of transactions simultaneously, enhancing its capacity to handle trading activities efficiently.
Sei v2 Upgrade: Enhancing Interoperability and Optimizing Performance
Moreover, Sei distinguishes itself with a native order-matching engine integrated directly into its Layer 1 structure. This feature empowers exchange applications built atop Sei to execute order matching swiftly, thereby enhancing scalability and reducing latency.
Strategic Growth: Solid Leadership and Industry Recognition
One of the most pressing challenges in trading, frontrunning, finds a formidable adversary in Sei Network. By batching orders of the same type and processing them simultaneously, Sei prevents malicious actors from gaining an unfair advantage, ensuring fair execution for all traders.
Paving the Way for Financial Empowerment and Technological Advancement
The upcoming Sei v2 upgrade marks a significant milestone in the network's evolution, introducing support for Ethereum Virtual Machine (EVM) smart contracts alongside optimistic parallelization and SeiDB. These enhancements promise to further streamline the trading experience, fostering seamless interoperability with existing smart contracts while optimizing state access and storage.
Sei's strategic fundraising rounds and partnerships underscore industry recognition of its impressive performance and potential. With a solid leadership foundation boasting expertise from renowned companies like Airbnb and Goldman Sachs, Sei Network is poised for sustained growth and innovation in the competitive blockchain landscape.
In conclusion, Sei Network stands as a beacon of innovation, redefining the parameters of trading with its sector-specific blockchain solutions. With its relentless focus on scalability, speed, and security, Sei continues to pave the way for mainstream adoption of decentralized exchanges and trading applications, ushering in a new era of financial empowerment and technological advancement.
Sei Network stands out for its lightning-fast transaction finality, achieved through the innovative Twin Turbo Consensus mechanism, alongside market-based parallelization, empowering swift order execution and preventing frontrunning in trading applications.
Sei Network was founded by Jeffrey Feng and Jayendra Jog, visionary leaders with experience from prominent companies like Airbnb and Goldman Sachs, driving the project's mission to prioritize reliability, security, and high throughput in trading.
Sei Network has garnered support from strategic backers, raising $30 million in funding rounds and announcing a $120 million ecosystem fund to incentivize dApps. Notable investors include industry operators and stakeholders recognizing Sei's potential for transforming the trading landscape.
You can buy Sei (SEI) on Binance, BitgetGate.ioBybitMEXC cryptocurrency exchanges.
