Sei SEI

1. Summary

Ranks

Liquidity

99

Developer

86

Social

99

Momentum (beta)

76

Stack Rank™

96

Price

$0.37 +3.9%

Market Cap

$1.17B (#65)

Supply

2.68B / 10.00B

Tags

Cosmos Ecosystem Sei Ecosystem Coinbase Ventures Portfolio Multicoin Capital Portfolio Parallelized EVM

More Metrics

Price
52W High price	$1.04
52W High date	16th Mar 2024 (4 months ago)
All Time High (ATH) Date	16th Mar 2024 (4 months ago)
ATH Price	$1.14
% From ATH	-23.91%
All Time Low (ATL) Date	19th Oct 2023 (9 months ago)
ATL Price	$0.10
% From ATL	809.39%

Supply & Trading Volume
Trading Volume (24h)	$48.94M
Total Supply	10.00B
Circulating Supply	2.68B

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Description

Sei

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Sei

Sei is a blockchain network designed specifically for high-frequency trading applications. It leverages the Cosmos SDK framework to provide faster transaction speeds compared to other platforms. Sei aims to offer developers the necessary infrastructure to construct secure and efficient decentralized exchanges (DEXs), distinguishing itself from other blockchain platforms through its exceptional performance. Notable features of Sei include:

Key Features

• Speed: Sei boasts rapid transaction processing, with a lower bound of 300ms, making it one of the fastest blockchain networks.

• Twin-turbo Consensus: The network employs twin-turbo consensus, contributing to its exceptional performance in the industry.

• Unique Parallelization: Sei employs market-based parallelization, differentiating it as a singular chain in this regard.

• Native Matching Engine: The platform features a native matching engine, catering to the needs of exchange teams.

• Frontrunning Protection: Sei prioritizes the prevention of frontrunning, ensuring integrity and transparency in transactions.

Technology and Features

• Layer-1 Protocol: Sei launched as a layer-1 protocol optimized for trading, utilizing the Cosmos SDK and Tendermint Core mechanisms.

• Centralized Limit Order Book (CLOB): Sei's technological advancements pave the way for an order book model, introducing the concept of the Centralized Limit Order Book (CLOB).

• Native Token: SEI is the native token of the Sei blockchain network, used for paying network gas fees, participating in governance decisions, and contributing to network security through staking.

Use Cases

• Decentralized Exchanges: Sei positions itself as a "decentralized NASDAQ," distinguishing it from other decentralized exchanges that commonly adopt automated market maker (AMM) solutions.

• Carbon Neutral Operations: Sei commits to carbon-neutral operations, making it an ideal choice for environmentally conscious blockchain development.

• Institutional Support: Sei is backed by elite global institutions and has received significant funding from notable investors, demonstrating confidence in its potential to revolutionize the digital asset trading landscape.

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