Sei Network

IEO

Last updated: Aug 16, 2023

Sei is the DeFi layer 1 blockchain with a built-in on-chain orderbook that allows smart contracts access to shared liquidity. The fastest L1 optimized to give DeFi apps an unfair advantage, enabling entirely new financial products.

Seed Round: $5M

Testnet: Guide

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Overview

Project industry	Blockchain Infrastructure
Product type	Technology
Founded	United States
Whitepaper	Open

What is Sei Network

Sei is the first sector-specific Layer 1 blockchain, specialized for trading. Every aspect of the blockchain has been optimized to help exchanges run better and offer the best UX for their end users.

Native order matching engine - drives scalability of orderbook DEXs built on Sei
Breaking Tendermint - Sei is the fastest chain to finality at ~600ms
Twin-turbo consensus - improves latency and throughput
Frontrunning protection - combats malicious frontrunning that is rampant in other ecosystems
Market-based parallelization - specialized parallelization for DeFi

The combination of these optimizations make it possible for new types of financial products to emerge—everything ranging from live sports betting to complex options and futures.

Details

IEO (Binance Launchpool): Aug 02, 2023 - Aug 31, 2023
Token supply: 10,000,000,000 SEI
Raised: 5,000,000 USD

Legal

Blockchain Platform: Cosmos
Country limitations: Belarus, Cuba, Crimea Region, Democratic Republic of Congo, Iran, New Zealand, North Korea, South Sudan, Syria, United States of America and its territories (American Samoa, Guam, Puerto Rico, the Northern Mariana Islands, and the U.S. Virgin Islands), Zimbabwe.
Registration year: 2022