Sei 

SEI Price

What is the Sei (SEI) coin?

Sei is a Layer 1 blockchain purpose-built for trading workloads, developed by Sei Labs, a team founded by former Goldman Sachs, Robinhood, and Dfinity engineers. The mainnet beta launched on August 15, 2023 through Binance Launchpool. The v2 upgrade in May 2024 added full EVM compatibility, letting Ethereum contracts deploy unchanged. Sei positions itself as "the blockchain for trading", targeting exchanges, DeFi, RWA, and high-frequency on-chain markets.

How does the Sei network achieve its trading-focused performance?

Sei's architecture is optimized for order-book workloads with sub-second finality. The roadmap centers on "Sei Giga", a re-architecture targeting about 200,000 transactions per second with sub-400ms finality. SEI functions as the native coin that pays gas fees, secures the network through staking, and carries governance rights.

Is SEI a coin or a token?

SEI is a coin: the native asset of the Sei Layer 1 blockchain. SEI pays gas fees, secures the network through staking, and carries governance rights. DropsTab classifies Sei under Blockchain.

What is the SEI crypto max supply?

Per DropsTab data, the maximum supply is capped at 10 billion SEI, and total supply equals that cap. The Ecosystem Reserve holds the largest allocation at 48% (4.8 billion SEI), followed by the Team at 20% and Private Sale investors at 20%. Roughly 51% of supply is community-controlled through the Ecosystem Reserve and Binance Launchpool.

How does SEI's vesting schedule affect sell pressure?

The major investor cliffs have passed. Private Sale and Team tokens carried a one-year cliff that ended in August 2024, followed by linear vesting: Private Sale runs through about August 2027, and Team tokens vest over a longer multi-year schedule. Per DropsTab vesting data, more than 6,000 scheduled unlock events remain, dominated by steady Foundation and Ecosystem Reserve emissions. Inflation risk is now drip-shaped rather than cliff-shaped.

Who backed Sei?

DropsTab fundraising data shows about $85M raised across five rounds. The Seed round in August 2022 raised $5M at a $30.8M pre-valuation, led by Multicoin Capital with Coinbase Ventures, Flow Traders, and GSR. The Series A on April 11, 2023 raised $30M at an $800M valuation, adding Jump Capital, Distributed Global, and OKX Ventures. Circle Ventures joined a November 2023 round.

What does Sei's fundraising signal about the project's maturity?

The backer mix matches the trading thesis. Market makers Flow Traders, GSR, and Jump Capital back liquidity-driven businesses, and their participation signals alignment with Sei's exchange-focused design. Exchange ventures OKX Ventures and Bitget tie the chain to distribution channels. The Ecosystem Fund added $50M from Foresight Ventures and Bitget in April 2023.

How did the Sei Binance Launchpool campaign work?

The Binance Launchpool campaign ran in August 2023 and distributed 300 million SEI, equal to 3% of total supply, to users who staked BNB, TUSD, and FDUSD. The campaign has ended. The official tokenomics announcement confirmed Sei held no airdrop or community sale beyond that Launchpool campaign.

On which exchanges can SEI be traded?

SEI trades on more than 40 centralized spot venues, per DropsTab data, including Binance, Coinbase, Kraken, Upbit, and Bybit. Fiat pairs span USD, EUR, KRW, TRY, and JPY. Derivatives trade on more than 10 venues, including Binance Futures, Hyperliquid, and a Deribit perpetual. On decentralized infrastructure, Osmosis hosts a SEI/UOSMO pair. Tier-1 spot and perpetual depth keeps liquidity risk low.