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Information about Sei (SEI)
Sei Network is the first Layer -1 Blockchain dedicated to the development of the Orderbook, which was born specifically for DeFi with the goal of building the best infrastructure for this nascent DeFi sector.
Set Network is built based on Cosmos SDK and uses the Limit Order Book (CLOB). Sei Network will be operated as an infrastructure for DeFi on top of Cosmos' ecosystem.
SEI is a utility and governance coin, officially operating within the Sei ecosystem, operates on the Cosmos platform, is compatible with the ERC20 standard and can be used for the following purposes:
Specifications
News
Currently, SEI crypto is in a consolidation phase that fosters strong market momentum. The low transaction fees are attracting more traders and investors, thus enhancing user activity and driving broader adoption.
Magic Eden is adding support for the Sei Network, so users will soon be able to buy, sell, and trade all their favorite Sei NFTs in one place.
This expansion means you’ll soon be able to trade Sei NFTs on Magic Eden’s platform without jumping between different sites or wallets. Sei Network brings speed and low costs, while Magic Eden brings the convenience of a top NFT marketplace.
According to Odaily, Sei Network has attracted nearly 808,000 new users in the past 30 days, marking a 34% increase in new user numbers.
Additionally, since the launch of Sei EVM, a total of 1.7 million unique addresses have conducted at least one transaction. This significant user engagement highlights the growing interest and adoption of Sei Network’s EVM capabilities.
Covalent, the leading modular data infrastructure layer dedicated to solving Long-Term Data Availability and verifiable, structured data for AI, has announced a new collaboration with Sei, the first Parallelized EVM blockchain.
This collaboration will focus on providing developers with enhanced access to Sei’s unique onchain data, facilitating the creation of innovative applications with faster execution and greater efficiency.
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