#71

Sei

SEI
0.00000553 BTC
$0.42
24h: -6.12% 7d: -10.75%
All Time High $1.14 Mar 16, 2024
24h
$0.41 $0.48
24h Volume $241.14M

Price Chart

About Sei

Description of Sei (SEI) Token

The Sei token, denoted by the symbol SEI, is a pioneering asset within the Cosmos Ecosystem, designed to empower developers and institutions with high-performance decentralized applications. As a Layer 1 (L1) smart contract platform, Sei is engineered for speed, scalability, and security, making it a formidable contender in the competitive blockchain landscape.

Performance and Scalability

Sei boasts an impressive 390 ms time to finality and a remarkable capacity to handle over 12,500 transactions per second. This unparalleled performance positions Sei as the fastest blockchain available, catering to applications requiring web2-like experiences and high-frequency trading.

Innovative Architecture

The introduction of Sei V2 features a parallelized EVM, which enhances scalability and developer flexibility. This innovative architecture allows for a more efficient execution of smart contracts, thereby unlocking new possibilities for decentralized finance (DeFi) and other emerging applications.

Security and Reliability

Sei is built on proven technologies such as Tendermint consensus and WebAssembly (Wasm), ensuring a highly secure environment for developers. Its architecture is designed to be massively scalable, allowing projects to grow without performance constraints.

Community and Ecosystem Support

Supported by prominent investors, including Coinbase Ventures and Multicoin Capital, Sei is committed to fostering a vibrant ecosystem. Initiatives like the Sei Creator Fund aim to empower developers and creators by providing financial backing for innovative projects.

Environmental Commitment

Sei's dedication to carbon neutrality underscores its commitment to sustainable blockchain development, making it an attractive choice for environmentally conscious projects.

Conclusion

With its cutting-edge technology and robust support network, Sei is well-positioned to redefine the future of blockchain applications, making it an essential platform for developers and institutions alike.

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Categories

Smart Contract Platform Cosmos Ecosystem Layer 1 (L1) Sei Ecosystem Parallelized EVM Coinbase Ventures Portfolio Multicoin Capital Portfolio GMCI Layer 1 Index Delphi Ventures Portfolio Circle Ventures Portfolio OKX Ventures Portfolio GMCI Index

Market Data

Rank
#71
Market Cap
$2.44B
Volume
$241.14M
Circulating Supply
4.21B SEI
Total Supply
10B SEI
Max Supply
N/A

Additional Information

Genesis Date
24h Market Cap Change
$70.4M
24h Market Cap Change %
2.97%