#CryptoRegulation Sei is a Layer 1 blockchain built with the Cosmos SDK, specifically engineered for trading with a focus on decentralized exchanges (DEXs). Launched in 2023, Sei aims to provide a high-performance infrastructure with features like a built-in order book and matching engine, achieving fast transaction speeds and low latency. Its "Twin-Turbo" consensus mechanism allows for rapid block finality under 400 milliseconds.

The SEI token serves as the native utility token for network fees, staking, and potential governance. The Sei ecosystem is growing, focusing on DeFi applications and leveraging its speed and efficiency to attract DEXs and other trading-focused projects. Currently, 1 SEI is trading at approximately 73.80 Sri Lankan Rupees.