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Sei

Sei

SEI
#107
$0.05011Down 1.28 percent($0.00)

Key Stats

Market Cap$373.85MDown 1.28 percent
Volume (24h)$36.18M
Fully Diluted Value$501.14M
Vol/Mkt Cap (24h)9.68%
Total Supply10.00B SEI
Max Supply10.00B SEI
Circulating Supply7.46B SEI
Launch Date2023-05-22
Block Number231,099,455

Sei Information

Websites
www.seinetwork.ioWhitepaper
Block Explorers
sei.explorers.guru
Supported Standards
CW-20
Industries
Platform

Sei Price Converter

SeiSEI
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Latest Sei News

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The Protocol: 77% of Bitcoin Holders Have Never Used BTCFi, Survey Reveals
Negative

The Protocol: 77% of Bitcoin Holders Have Never Used BTCFi, Survey Reveals

Positive

Brevan Howard-Backed Tokenization Firm Expands Funds to Sei as RWA Momentum Grows

Positive

Etherscan Expands to Sei Blockchain as Network's Trading Volume Tops $1.3B

Positive

CoinShares Launches Zero-Fee SEI ETP With Staking Yield Across Europe

Sei Markets

View all
InstrumentExchangeBenchmark DataPrice24h Change
SeiUSDT logo
SEI-USDT
SEIUSDT
binance logobinance
AA
0.05005USDT
-1.32%
SeiUSDT logo
SEI-USDT
SEI-USDT
kucoin logokucoin
BB
0.05007USDT
-1.36%
SeiUSD logo
SEI-USD
SEI-USD
coinbase logocoinbase
AA
0.05003USD
-1.38%
SeiUSDT logo
SEI-USDT
SEI-USDT
okex logookex
A
0.05006USDT
-1.42%
SeiUSDT logo
SEI-USDT
SEI_USDT
whitebit logowhitebit
BB
0.05007USDT
-1.24%

About Sei

Sei is a Layer 1 blockchain known for its speed, achieved through the Twin-Turbo Consensus mechanism. It offers frontrunning protection, interoperability, and transaction bundling. The network’s native cryptocurrency is SEI, used for paying fees, staking, and governance. The platform caters to decentralized exchanges (DEXes), focusing on reliability, scalability, and speed. Sei was founded by Jeffrey Feng and Jayendra Jog, leading a team with experience in companies like Airbnb and Goldman Sachs.

Frequently Asked Questions

Sei is an open-source, permissionless Layer 1 blockchain, crafted specifically to redefine digital asset exchanges. Optimized for speed, Sei leverages its unique Twin-Turbo Consensus mechanism to ensure rapid transactions. Designed to fulfill the demands of a Web3 environment, Sei offers features like frontrunning protection, efficient block propagation, and instant finality, making it an ideal platform for applications requiring high-performance and top-tier user experience.

The SEI token, the native cryptocurrency of the Sei network, serves multiple purposes:

Transaction Payments: SEI is used to compensate for network transaction fees. Validator Staking: Token holders can either delegate their SEI to validators or stake their tokens to secure the network. Governance: SEI token holders can participate in the protocol's governance processes. Collateral: It functions as a native asset liquidity or collateral for dApps on Sei. Trading Fees: On Sei-based decentralized exchanges, SEI is used as a transaction fee.

It's essential to highlight that SEI tokens majorly fund community projects and initiatives, strengthening decentralized token distribution. This approach ensures the network remains transparent, democratic, and resistant to centralization.

The Sei network sprouted from the visionary minds of Jeffrey Feng and Jayendra Jog, backed by a team of professionals with rich experiences from companies like Airbnb and Goldman Sachs. Their shared ambition was to sculpt a blockchain infrastructure that would not only address the current needs of digital exchanges but also scale as the world of Web3 evolves.