About Sei (SEI): The Fastest Layer-1 Blockchain for Trading
Sei is a Cosmos-based Layer-1 blockchain optimized for DeFi and trading applications. It uses parallel execution, an integrated order book, and lightning-fast finality to power on-chain markets.
The SEI token is used for staking, transaction fees, governance, and trading incentives.
What Is Sei?
Sei aims to:
- Deliver ultra-low latency for trading dApps
- Integrate a native order matching engine into the base layer
- Enable parallel transaction processing for scalability
Launched in 2023, Sei bridges the speed of centralized exchanges with the security of decentralized infrastructure.
Key Features of Sei
- Parallelized EVM: Execute multiple smart contracts simultaneously.
- Built-in Order Book: Exchange-style liquidity at the protocol level.
- Cosmos SDK + IBC: Cross-chain interoperability and asset transfer.
- Turbo Consensus: Sub-second transaction finality.
SEI Token Utility
- Pay gas fees and trade on Sei-based markets
- Stake for validator rewards and network security
- Participate in governance proposals
⭐ More about Sei’s current market performance, technical trends, fundamentals, and recent developments find on altFINS.