#AltcoinSeasonLoading Sei is a layer-1 blockchain specifically designed and optimized for trading, aiming to provide a superior infrastructure for decentralized exchanges (DEXs) and other trading applications. Built using the Cosmos SDK, Sei boasts features like a native order matching engine, parallel order execution, and the "Twin-Turbo" consensus mechanism, enabling high transaction speeds and low latency, reaching near-instant finality around 400 milliseconds.
The SEI token is the native utility token of the Sei network. It serves multiple purposes, including paying for network transaction fees, staking for network security through delegated proof-of-stake, participating in governance decisions by voting on proposals, and potentially being used as native collateral for applications built on the Sei blockchain. Sei's focus on optimizing the trading experience positions it as a unique player in the blockchain landscape, catering to the specific needs of DeFi and exchange-related applications.