Sei Project Overview
Name: Sei
Token: $SEI
Mainnet Launched: August 2023
Category: Layer 1 Blockchain
Ecosystem Focus: Trading Infrastructure
What is Sei ๐ค
Sei is a general-purpose Layer 1 blockchain optimized for trading applications. It is built using the Cosmos SDK and utilizes the Tendermint consensus mechanism, enabling high throughput, fast finality, and low latency.
While it's general-purpose, Sei specifically focuses on decentralized exchanges (DEXs) and other financial applications that require high speed and performance, calling itself "The Fastest Layer 1 Blockchain.
Key Features
โถ๏ธTwin-Turbo Consensus: Enhances speed and throughput.
โถ๏ธOptimized for Order Matching: Supports on-chain order books, a feature uncommon in most L1s.
โถ๏ธParallel Order Execution: Reduces latency and boosts transaction throughput.
โถ๏ธBuilt on Cosmos SDK: Interoperability via the IBC Protocol with other Cosmos chains.
โถ๏ธFinality in ~300ms: Extremely fast block finality.
โถ๏ธMEV Protection: Minimizes front-running through its native design.
โ๏ธTransaction Fees
โ๏ธStaking & Validator Security
โ๏ธGovernance Participation
โ๏ธIncentives for Ecosystem Projects
Ecosystem & Use Cases
Sei supports a wide range of apps including:
๐ดDecentralized Exchanges (DEXs)
๐ดDerivatives Platforms
๐ดNFT Marketplaces
๐ดPrediction Markets
๐ดGameFi Apps
๐ Buy Sei
Price 0.2
