Sei

SEI Launched 2023 source

What this page is: neutral, sourced facts about Sei. Every line links where it was checked. 7 facts, 1 from primary sources. Educational, not financial advice.

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Launch

CoinDesk reported on Aug 15, 2023 that Sei Labs announced its layer 1 mainnet is now live, with the SEI token going live on exchanges such as Binance, Kraken and Huobi. secondary source source

Founders and creators

Dan Edlebeck and Jayendra Jog. secondary source source

Origin story

Introduced as the first sector-specific Layer 1 blockchain designed to cater specifically to the needs of trading platforms. secondary source source

Stated purpose

High-performance Layer 1 that scales the EVM with parallelized execution. secondary source source

Consensus mechanism

Sei docs describe Twin Turbo Consensus, with sub-second finality and fast block production; Sei is fully EVM-compatible, with 400 ms blocks and parallelized execution. primary source source

Main uses today

Engineered to meet the high demands of DEXes, facilitating asset trading and NFT and in-game item exchanges. secondary source source

Key milestones

Upcoming Giga upgrade aims at 50x improvements in EVM throughput. secondary source source

Sources & studies

Last checked: 2026-11-04 · Prices, market caps and circulating supply are left out on purpose because they change by the minute. Educational, not financial advice.

Education only, not financial advice. No signals. Backtests are hypothetical: real trading can be worse. Past results don't predict future results.