Sei is a layer-one blockchain, specifically designed to enhance the trading experience of decentralised exchanges (DEXs). It aims to address the unique requirements of decentralised trading (to be reliable, scalable and fast) by prioritising high transaction speeds and low latency, aiming to become the go-to "settlement layer" for DeFi.
Sei is fully open-source and is designed to evolve alongside the DeFi industry. The SEI token serves a dual purpose within the ecosystem, functioning as the native token for gas fees and also as an incentive for network validators who help to secure the network through a Proof-of-Stake consensus mechanism.
Track SEI price movements by adding it to your eToro watchlist.