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Sei

SEI

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About Sei

SEI is the native token of the Sei blockchain network. Sei was designed to provide developers with the infrastructure needed to build efficient and secure decentralized exchanges. SEI tokens can be used to pay network gas fees and participate in governance. SEI tokens can also be staked to secure the network.

Sei (SEI) is a sector-specific Layer 1 blockchain, specifically designed to optimize trading. It strives to provide an edge to exchanges by aiming to offer speed, scalability, and reliability. Sei is a Layer 1 blockchain that aims to handle a high number of orders per second, with a transaction finality of 380ms. It seeks to be secured by large institutions and is built with a deep commitment to security. Sei is fully open-source and offers native frontrunning protection, seamless interoperability, and multiple levels of transaction bundling. It is designed to evolve alongside the industry, with modularity enabling the Sei technology stack to leverage new innovations as governed by the community.

Sei operates using a Twin-Turbo Consensus mechanism, which allows it to aim to be a high-speed blockchain, all while maintaining low transaction costs and industry-leading throughput. It is secured by Proof of Stake, which is a consensus mechanism that allows for high scalability and security. Sei's infrastructure is designed to prioritize security above all else, with the aim to have the backing of large institutions. It also offers user-centric features such as native frontrunning protection, seamless interoperability, and multiple levels of transaction bundling. Sei's design allows it to scale with the industry, aiming to support a variety of apps.

Sei is primarily designed to enhance the trading experience on decentralized exchanges (DEXes). It aims to address the unique requirements of DEXes for reliability, scalability, and speed. Sei can also be used in the NFT marketplace and in crypto games that have built-in exchanges for users to trade in-game NFTs and tokens. Furthermore, Sei's high scalability and speed make it suitable for modern applications that require high performance. Its security-first approach and user-centric features also make it a suitable platform for building and deploying decentralized applications.

Sei was developed in response to the need for a more reliable, scalable, and fast blockchain for trading. It was built from the ground up to prioritize security, with the aim to have the backing of large institutions. Sei is a Layer 1 blockchain that aims to handle a high volume of transactions with quick finality. It seeks to be trusted by operators, investors, and institutions. Over time, Sei has evolved to offer features such as native frontrunning protection, seamless interoperability, and multiple levels of transaction bundling. It has also committed to being carbon neutral, leveraging proof of stake and other innovations to maintain minimal environmental impact.

Market

Canada Market Stats

Market cap

CA$2.1B

Volume (24h)

CA$85.5M

Circulating supply

2.9B SEI

Typical hold time

34 days

Popularity

#65

All time high

CA$1.56

Canada Market performance

Price change (1h)

-0.43%

Price change (1d)

+2.8%

Price change (1w)

-3.8%

Price change (2w)

+5.41%

Price change (1m)

-18.4%

Price change (1y)

+106.56%

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Coinbase Bytes

Coinbase Bytes

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Sei is on the decline this week.

The price of Sei has decreased by 0.43% in the last hour and increased by 2.80% in the past 24 hours. Sei’s price has also fallen by 3.80% in the past week. The current price is CA$0.72 per SEI with a 24-hour trading volume of CA$85.50M. Currently, Sei is valued at 53.63% below its all time high of CA$1.56. This all-time high was the highest price paid for Sei since its launch.

The current circulating supply of Sei is 2,925,000,000 SEI which means that Sei has as total market cap of 2,925,000,000.

FAQ

What is the current price of Sei?

We update our Sei to CAD currency in real-time. Get the live price of Sei on Coinbase.

What is the market cap of Sei?

The current market cap of Sei is CA$2.12B. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Sei?

The all-time high of Sei is CA$1.56. This all-time high is highest price paid for Sei since it was launched.

What is the 24 hour trading volume of Sei?

Over the last 24 hours, the trading volume of Sei is CA$85.50M.

What other assets are similar to Sei?

Assets that have a similar market cap to Sei include Bitcoin BEP2, First Digital USD, Arbitrum, and many others. To see a full list, see our comparable market cap assets.

How many Sei are there?

The current circulating supply of Sei is 2.9 billion.

What is the typical holding time of Sei?

The median time that Coinbase customers hold Sei before selling it or sending it to another account or address is 34 days.

What is the relative popularity of Sei?

Sei ranks 108 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Sei?

Currently, 92% of Coinbase users are buying Sei. In other words, 92% of Coinbase customers have increased their net position in Sei over the past 24 hours through trading.

Can I buy Sei on Coinbase?

Yes, Sei is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Sei guide.