Sei

Sei is a layer-one blockchain designed for use cases that demand speed, particularly trading and consumer applications. Its mainnet launched in 2023. A later major upgrade added a parallelized Ethereum Virtual Machine (EVM) that executes transactions that do not depend on one another at the same time, making it easier to port smart contracts written for Ethereum to Sei. The project uses consensus improvements it calls Twin-Turbo to speed up block production.

SEI is the network's native token and has three core functions: paying transaction fees, securing the network through staking or delegation to validators, and participating in on-chain governance votes. If a validator breaks the rules, part of the staked SEI can be slashed. The Sei network was originally built on Cosmos SDK technology.

The price shown for Sei coin on Lzzo.com is based on converting the SEI/USDT value on Binance into US dollars using Coinbase Exchange's USDT/USD rate and is for information only.