Market cap
$455.02M
0.65 %
Volume (24h)
$29.6M
0.65 %
Circulating supply
6,127,777,777 SEI
Total supply
10,000,000,000 SEI
Max. supply
10,000,000,000 SEI
Sei (SEI)
$ 0.07
0.65 %
Main info
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Key data
updated $0Market cap$455.02M
Volume 24h$29.6M
Circulating supply6.13B61% of max 10B
All-time high$1.14-94% from peak · 2024-03-15
Sei (ticker: SEI) is a cryptocurrency that powers the Sei Network — a Layer 1 blockchain built specifically for fast trading applications, from decentralized exchanges to gaming and NFT marketplaces. Think of it as a high-speed highway designed for trading: while general-purpose blockchains try to do everything, Sei focuses on making transactions settle almost instantly and in a specific order, which matters a lot for traders. SEI is the native token of this network, used to pay fees and keep the whole system running.
Frequently asked questions
What is Sei and how is it different from other blockchains?
Sei is a Layer 1 blockchain optimized specifically for trading applications, whereas most blockchains like Ethereum are general-purpose. Its architecture prioritizes transaction speed, ordering, and fairness — things that exchanges and marketplaces critically need. This specialization lets apps built on Sei offer an experience closer to centralized platforms while staying decentralized.
How does Sei's technology and consensus work?
Sei uses a consensus mechanism based on Tendermint-style proof-of-stake, enhanced with parallel processing so many transactions can be handled simultaneously instead of one by one. It also implements single-slot finality, meaning a transaction is confirmed in a very short time rather than waiting through multiple blocks. This combination is what makes the network feel near-instant for trading apps.
How is SEI token issuance structured?
SEI has a fixed maximum supply, meaning no new tokens can be created beyond that cap. A significant portion was allocated to the ecosystem, community incentives, and the team, with releases following a vesting schedule over several years. Staking rewards come from the token allocation designed to secure the network, and fees paid in SEI are partly burned, which can reduce circulating supply over time.
How can you store and use SEI?
SEI can be stored in wallets that support the Sei Network, including browser-based and hardware-compatible options. Beyond holding, you can stake SEI to help secure the network and earn rewards, use it to pay transaction fees, or spend it in apps and marketplaces built on Sei. Always double-check that you're using a wallet address on the Sei network itself, since sending to the wrong network can lose your funds.