The Sei network introduces a revolutionary new solution to the issue of scaling in the hope that their infrastructure will allow effortless trading of digital assets, no matter how big the blockchain gets. Sei's claims to being the fastest Layer 1 for trading have certainly gotten them a lot of attention. Does the new project live up to all the hype and actually trump existing centralized exchanges (CEX) and decentralized exchanges (DEX), though? Here are some essential details to know.
- Sei is a Layer 1 blockchain ecosystem on Ethereum that focuses on creating a system allowing countless users to trade at lightning-fast speeds.
- Sei’s mainnet launched on Aug 16, 2023. In celebration of this milestone, Sei has launched an additional airdrop.
- Bybit now offers the SEI/USDT Spot trading pair for trading. To celebrate this listing, Bybit will also be holding two exclusive events in which users can share a 90,000 USDT prize pool.
What Is Sei?
Sei is a Layer 1 blockchain ecosystem on Ethereum that claims to be revolutionizing the trading landscape. Its focus is on creating a system that allows countless users to trade at lightning-fast speeds. Built-in parallelization and automatic order bundling help give Sei an incredibly fast time to finality.