SEI token

SEI token is the native token of the Sei public chain. Sei is a Layer 1 public chain built on the Cosmos SDK, specifically tailored for high-frequency trading applications, aiming to provide exchanges with exceptional speed, scalability, and reliability. The relevant introduction is as follows:

- Technical Features

It adopts Twin Turbo Consensus, including intelligent block propagation and optimistic block processing technologies, which can reduce data transmission volume and shorten verification time. Meanwhile, Sei allows orders from different markets to be executed simultaneously, with block processing time reduced by 75%-90% and a throughput of up to 20,000 TPS.

- Native Functions

• Central Limit Order Book (CLOB): Built-in, enabling developers to directly call the on-chain order matching engine.

• Anti-Front-Running Mechanism: Through Frequent Batch Auctions (FBA), it aggregates end-of-block orders for unified clearing to curb malicious MEV.

• Native Oracle: Provides real-time on-chain price data to ensure transaction accuracy.

- Token Economy

• Total Supply: 10 billion SEI tokens.

• Allocation: 48% for the ecosystem fund, 20% for the team and private investors, 9% for the foundation, 3% for the launch pool, and 20% for community rewards.

• Core Uses: Paying gas fees, participating in governance voting, staking for yields, and ecological incentives.

- Ecosystem Projects

The Sei ecosystem is currently thriving, with total locked value (TVL) once exceeding $5 billion and supporting over 200 active DApps. Representative projects include Dragon Swap, Yei Finance, Vortex Protocol, etc., covering DEX, lending, derivatives, and other fields.