Rank
Marketcap
Max.Supply
price
Change (1 day)
Change (1 year)
Cosmos Ecosystem
Coinbase Ventures Portfolio
Multicoin Capital Portfolio
Layer 1
Jump Crypto
Sei Ecosystem
SEI is a decentralized lending platform built on the Ethereum blockchain, aimed at revolutionizing the lending industry by providing a secure, transparent, and efficient way to lend and borrow cryptocurrencies. It utilizes a unique algorithm to facilitate peer-to-peer lending, eliminating intermediaries and reducing transaction costs.
As of 2 November 2024 Sei(SEI) has a market cap of $ 1.42 billion USD. This makes SEI the world's #55 most valuable Cryptocurrency by market cap according to our data. The market capitalization, commonly called market cap, is the total market value of a publicly traded CryptoCurrency circulating supply and is commonly used to measure how much a Cryptocurrency is worth in Public Market.
As of 2 November 2024 Sei(SEI)
price is $ 3.7,816e-1 USD.
The percentage change over the last hour has increased by 0.02%
In the past 24 hours, the price has fallen by 2.38%.
Over the last week, there has been a positive change of 0.55%.
Looking at the past 30 days, the percentage change shows a decrease of 10.23%.
Over the last 60 days, the price has gained 33.12%, and
for the last 90 days, it has risen by 41.70%.
Year-to-date, there has been a significant decrease of 46.75%, and
over the past year, the price has appreciated by 228.84%.
In terms of trading activity, the volume over the past 24 hours is $ 149.11 M ,
with a circulating supply of 3.52 B SEI.
As of 2 November 2024 Sei(SEI) has volume 24(h) of $ 149.11 M USD.
Have you ever heard of a blockchain? It's a kind of digital ledger that keeps track of transactions in a super secure way. Blockchains are used for all sorts of things, like cryptocurrencies and NFTs (Non-Fungible Tokens).
One of the biggest uses for blockchains is in decentralized exchanges (DEXs). Think of DEXs like online marketplaces where people can trade cryptocurrencies, NFTs, and even in-game items. It's kind of like a digital stock market, but everyone can participate and there's no single person in charge.
But here's the thing: DEXs need to be really fast and reliable. If a DEX goes down for a few minutes, people can lose a lot of money. That's where Sei comes in.
What is Sei?
Sei is like a special blockchain that was built specifically to make DEXs work better. It's the first sector-specific Layer 1 blockchain designed to make trading super fast, safe, and smooth. It's kind of like having a special race track for race cars, instead of having them race on regular roads.
Why is Sei special?
How does Sei Work?
Think of Sei like a giant computer network where everyone works together. Instead of having one boss in charge, all the computers in the network agree on every transaction that happens. This makes it incredibly secure and transparent.
What are the benefits of using Sei?
Sei's Commitment to Sustainability:
Sei wants to be good for the planet. They're committed to making sure their operations are carbon neutral, which means they don't contribute to climate change. It's like trading on a green blockchain, which is a win-win for everyone.
Who is Behind Sei?
Sei was created by Dan Edlebeck and Jayendra Jog, two really smart guys who saw a need for a better blockchain for trading. They put together a great team of developers and worked really hard to build Sei.
What are Sei's Key Events?
Here are some important things that have happened with Sei:
How is Sei Secured?
Sei is built with a super secure system that protects your trades from hackers and other problems. It's like having a team of security guards making sure everything goes smoothly. Here's how Sei is secured:
How is Sei used?
Sei is being used to build new and exciting financial products. It's like a building block for a whole new world of financial services. Here are some examples:
Sei's Native Token: SEI
Sei has its own cryptocurrency called SEI. This token can be used for:
Sei's Future:
Sei is still a new project, but it has a lot of potential. The founders have big plans for the future, including:
Important Note: Investing in cryptocurrencies like SEI can be risky. It's important to do your research and only invest money you can afford to lose.
Understanding Sei's Strengths: A Table Breakdown
Strength | Description |
---|---|
Sector-Specific Layer 1 Blockchain | Sei is built specifically for trading, making it faster and more reliable than other blockchains. |
Super Speedy Transactions | Sei can handle lots of transactions at once, making trading faster and more efficient. |
Built-in Security Features | Sei is designed to be secure, protecting your trades from hackers and other threats. |
Transparent Governance | Sei's operations are transparent, allowing everyone to see how decisions are made. |
Sustainable Operations | Sei is committed to being environmentally friendly, aiming for carbon neutrality. |
Strong Community | Sei has a growing community of users and developers who support the platform. |
Focus on DEXs | Sei is designed to be the best platform for building and using decentralized exchanges. |
Native Token: SEI | SEI can be used for paying transaction fees, staking, and voting on network governance. |
Sei is still a new project, but it's making big waves in the crypto world. It's exciting to see what the future holds for Sei and how it can help to revolutionize the way we trade and manage our money.
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