Sei Network

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

Whitepaper

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Interest lvl

High

Updated: Aug 16, 2023

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User Rating

High

3.5/5 • 8 votes

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Ticker

SEI

Type

Utility-token

FoundedUnited States

Registration year2022

Launchpads

Binance

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.