Sei

Sei is a Layer 1 blockchain focused on performance for trading and financial applications. It began as a Cosmos SDK chain with a built-in order matching engine and later shifted to a parallelized EVM design, giving it full Ethereum compatibility while keeping the throughput characteristics it was built for.

The parallelization is the central technical claim. Most EVM chains execute transactions one after another, which caps throughput regardless of available hardware. Sei executes independent transactions simultaneously and only serializes those that touch the same state, which recovers most of the benefit of parallel hardware for the common case where transactions are unrelated.

Design details

The chain also optimizes ordering and consensus for trading workloads, including features intended to reduce the advantage of transaction ordering manipulation. Its stated roadmap includes a further upgrade aimed at substantially increasing EVM throughput by optimizing execution, consensus, and storage together rather than one layer at a time.

Because it is EVM compatible, applications and tooling from Ethereum can be used with little modification, which lowers the cost for teams considering deployment.

Supply

SEI has no listed hard maximum supply. Total supply currently sits at 10 billion tokens with roughly 6.73 billion circulating, meaning a meaningful portion remains subject to release schedules. The token is used to pay transaction fees, for staking to secure the network under proof of stake, and in governance.

Sei competes in a crowded segment of high-performance Layer 1 chains, several of which make similar throughput claims. Measured on-chain activity and the number of applications with real users are more informative than stated transaction capacity, which is usually quoted under ideal conditions.