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  • Sei Network (SEI)

    6/22/2025 20:00 UTC

    $0.198

    -8.88%

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    Sei Network News

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    Frequently Asked Questions

    • Speed and Performance

      Sei Network offers extremely fast transaction finality at 400 milliseconds, making it ideal for real-time digital exchanges and high-frequency trading.

      Architecture and Scalability

      It features a parallelized runtime that enhances scalability and developer flexibility, allowing projects to grow without performance limits.

      Security

      Built on proven, battle-tested technology like Tendermint consensus and WebAssembly, Sei Network provides a highly secure environment for applications.

      Use Cases

      Sei Network is designed for decentralized finance (DeFi) builders and institutions to create next-generation on-chain finance solutions, leveraging fast speeds and reliable infrastructure.

      Environmental Impact

      Sei Network is carbon neutral, supporting eco-friendly blockchain development.

      Last Updated: 5/29/2025 02:05 UTC
    • Pros

      • Speed: Sei Network offers extremely fast transaction finality at 400 milliseconds, making it one of the fastest blockchains.
      • Scalability: Its parallelized runtime architecture allows for massive scalability, supporting large growth without slowing down.
      • Security: Built on proven, battle-tested technology like Tendermint consensus and WASM, ensuring a highly secure platform.
      • Innovation: Designed to evolve and adapt, supporting new and emerging blockchain applications.
      • Eco-Friendly: Sei Network is carbon neutral, appealing to environmentally conscious developers.
      • Strong Support: Backed by top global institutions and investors, showing confidence in its technology and team.

      Cons

      • Newer Platform: As a relatively new blockchain, it may have less adoption and ecosystem maturity compared to older networks.
      • Specialized Use Cases: Its architecture is optimized for speed and DeFi, which might not suit all types of blockchain projects.
      Last Updated: 5/29/2025 02:06 UTC
    • Founders of Sei Network

      Sei Network was founded by a team including Kanav Kariya and Jack Zampolin. Kanav Kariya serves as the CEO, and Jack Zampolin is the CTO. They lead the project with a focus on building a high-speed, scalable blockchain platform.

      For more details, visit Sei Network's website.

      Last Updated: 5/29/2025 02:06 UTC
    • Investors in Sei Network

      Sei Network has raised over $30 million from a variety of investors. Key investors include Multicoin Capital, Jump Trading, Coinbase Ventures, Flow Traders, Hudson River Trading, and leaders from Anchorage, LayerZero, and StepN. Additionally, Foresight Ventures made a significant $50 million commitment to support Sei's growth and expansion, especially in the Asia-Pacific region. Other investors involved in funding rounds include Distributed Global, Asymmetric, Hypersphere, and Bixin Ventures.

      Last Updated: 5/29/2025 02:06 UTC
    • Halal Status

      Yes, Sei Network is considered halal.

      Reason

      It is a utility token that provides real functions within its blockchain ecosystem, focusing on speed, efficiency, and scalability for decentralized trading. It does not promise fixed returns or guaranteed interest, and its staking rewards depend on network participation. Holding SEI for its utility and governance roles aligns with Islamic finance principles.

      For more details, visit Sei Network.

      Last Updated: 5/29/2025 02:06 UTC

    Description

    #79

    Sei network is a sector-specific Layer 1 blockchain that specializes for trading and DeFi applications. It offers unparalleled speed, security and scalability with a native order matching engine and frontrunning protection.

    Sector: Layer 1
    Blockchain: Cosmos

    Market Data

    Rank: 79
    Volume: 241M
    Marketcap: 1.2B
    Fully Diluted Value: N/A
    Circulating Supply: N/A
    83M 292K/387K
    36M 158K/272K
    29M 221K/238K
    22M 69K/95K
    21M 66K/184K
    17M 245K/514K
    14M 80K/140K
    9M 258K/374K
    7.2M 442K/485K
    4.9M 17K/23K
    4.3M 17K/10K
    3.7M 100/101
    1.5M 55K/230K
    510K 4K/11K
    484K 69K/76K
    218K 17K/4.2K
    203K 24K/16K
    117K 12K/20K
    9.8K 327/327