Sei Coin - Next-Generation Layer 1 Blockchain for High-Speed Trading and DeFi Excellence

Live Price Data, Trading Volume and Market Capitalization

Sei Coin (SEI) is a Layer-1 blockchain protocol launched in July 2023 that prioritizes the exchange of digital assets by integrating a native on-chain orderbook and parallelized execution layers. Built with Ethereum Virtual Machine compatibility, Sei empowers dApp developers and trading platforms to achieve low-latency transactions and industry-leading throughput.

Core Features and Protocol Highlights

• On-Chain Orderbook: Shared liquidity for smart contracts and exchanges to eliminate front-running and enhance price discovery.

• Parallel Execution Engine: Simultaneous transaction processing across multiple cores to boost throughput and minimize block times.

• EVM Compatibility: Full support for Solidity-based smart contracts, enabling seamless migration of existing DeFi protocols.

• Governance Model: On-chain token-based governance allows SEI holders to propose and vote on protocol upgrades and parameter adjustments.

Key Metrics

• Market Capitalization: $1.67B

• 24H Trading Volume: $175.56M

• Circulating Supply: 6.12B SEI

• Total Supply: 10B SEI

• All-Time High: $1.14 (Mar 16, 2024)

• All-Time Low: $0.007989 (Aug 15, 2023)

Fundamental Data

• Whitepaper: Accessible on the official GitHub repository under “Whitepaper”

• Founding Team: Led by Dan Edlebeck and Jayendra Jog, supported by blockchain and finance experts

• Use Case: High-speed trading, DeFi, NFT marketplaces, gaming economies

• Tokenomics:

1. Staking Rewards: SEI holders can delegate tokens to validators for block rewards

2. Governance Participation: Voting on protocol upgrades

3. Fee Structure: Low transaction fees distributed partially to stakers

• Governance: On-chain voting mechanism for parameter changes and upgrades

How to Buy Sei Coin

1. Choose an Exchange: Register on major platforms such as Binance or Coinbase.

2. Complete KYC: Verify your identity with valid documents.

3. Deposit Funds: Use fiat (USD/INR) or crypto (BTC/ETH) to fund your account.

4. Place an Order: Search “SEI” or “Sei Coin,” choose market or limit order, and confirm.

How to Stake Sei Coin

1. Select a Wallet: Use an SEI-compatible wallet (e.g., Keplr).

2. Delegate SEI: Navigate to “Stake” section, choose a validator, enter amount, and confirm delegation.

3. Earn Rewards: Rewards distributed per block; track staking APR in the wallet dashboard.

How to Trade Sei Coin (SEI)

1. Spot Trading: Go to the SEI/USD or SEI/INR trading pair, analyze the orderbook.

2. Limit & Market Orders: Set price or execute immediately.

3. Advanced Orders: Use stop-loss or take-profit orders to manage risk.

How to Integrate Sei Coin in dApps

1. EVM SDK: Install the Sei EVM SDK using npm or yarn.

2. Smart Contract Deployment: Compile Solidity contracts with the Sei-optimized compiler.

3. Connect RPC Endpoint: Use the public Sei RPC URL in your dApp configuration.

4. On-Chain Orderbook API: Leverage the REST API to fetch orderbook data for your UI.

Pros:

• Ultra-low latency and high throughput

• Native on-chain orderbook for DeFi and exchanges

• Full EVM compatibility and easy dApp migration

• Robust on-chain governance and staking rewards

Cons:

• Relatively new ecosystem with fewer audited smart contracts

• Network adoption still growing compared to established Layer-1 chains

Frequently Asked Questions

1. What makes Sei Coin different from other Layer-1 blockchains?
Sei Coin’s native on-chain orderbook and parallel execution layers deliver unmatched trading performance.

2. Where can I view Sei Coin’s live price and market cap?
Major aggregators like CoinMarketCap and Binance display real-time SEI metrics.

3. How does staking work on the Sei network?
Users delegate SEI to validators via compatible wallets to earn block rewards and governance participation.

4. Is Sei Coin environmentally sustainable?
Built on Proof-of-Stake consensus, Sei aims for carbon neutrality through validating node efficiency.

5. How can I contribute to Sei’s development?
Visit the official GitHub repository, submit pull requests, and engage in on-chain governance proposals.

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