What Is Sei (SEI)?
Sei (SEI), launched in August 2023, is a high-performance layer-1 blockchain optimized for decentralized finance (DeFi) and high-frequency trading. Built on Cosmos with a parallelized EVM, Sei offers unmatched transaction speeds and scalability. Its native token, SEI, powers transactions and governance.
Key Features
- High Throughput: Processes up to 20,000 TPS with ~400ms finality, far surpassing Ethereum (~25 TPS).
- Parallelized EVM: Enables simultaneous transaction processing, optimizing DeFi and trading apps.
- AI Integration: Supports AI-driven vaults and oracles, enhancing DeFi automation.
- Ecosystem: Trades on 66+ exchanges (e.g., Binance, Coinbase) and 97+ markets, with wallet support like MetaMask and Keplr.
SEI Token
- Purpose: Used for transaction fees, staking, governance, and accessing ecosystem services.
- Supply: ~5.6B SEI in circulation, with a maximum supply of 10B.
- Contract Address: Native to Sei; CoinGecko CMC.
Who Are the Founders of SEI?
Sei was developed by Sei Labs, co-founded by Jeffrey Feng and Jayendra Jog. Backed by investors like Multicoin Capital, Coinbase Ventures, and Delphi Digital, Sei raised $30M in seed funding. The project is governed by a community DAO, emphasizing decentralized development.
What Makes SEI Unique?
Sei stands out in Web3:
- Order-Book Focus: First layer-1 optimized for trading, with on-chain order books for DEXs.
- Twin Turbo Consensus: Enhances block propagation and processing for sub-second finality.
- fastUSD Stablecoin: Native yield-bearing stablecoin backed by Elixir, boosting liquidity.
SEI Network Upgrades (2025)
- AI Vaults (Q2 2025): Launched automated AI vaults with Gaib AI and Cian Protocol, increasing DeFi yields by 10%.
- Rivalz AI Oracles (June 2025): Integrated AI oracles for real-time data, enhancing dApp functionality.
- EVM Scalability (March 2025): Improved parallelized EVM, boosting transaction throughput by 15%.
How Is SEI Secured?
Sei and SEI are secured through:
- Delegated Proof-of-Stake (DPoS): Validators stake SEI to secure the network, with ~60% of tokens staked.
- Smart Contract Audits: Regular audits by firms like CertiK ensure protocol integrity.
- Community Governance: SEI holders vote on upgrades, reducing centralized control.
- Parallel Processing: Enhances security by distributing transaction loads across shards.
Conclusion
Sei (SEI) is a high-speed layer-1 blockchain tailored for DeFi and trading, with a 5.6B circulating supply. Integrated across 66+ exchanges, Sei’s parallelized EVM, Twin Turbo Consensus, and 2025 AI integrations position it as a leader in scalable Web3 solutions. While its focus on trading is a strength, competition from other layer-1s remains a challenge.