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Sei

SEI

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Past performance is not a reliable indicator of future results. Learn more about asset risks.

Investment Risk

Baseline risk

All crypto-assets are risky, regardless of the type of token you hold. Here are some ‘baseline’ risks to be aware of before deciding to invest.

Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.

Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.

Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.

Don’t put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.

About Sei

SEI is the native token of the Sei blockchain network. Sei was designed to provide developers with the infrastructure needed to build efficient and secure decentralized exchanges. SEI tokens can be used to pay network gas fees and participate in governance. SEI tokens can also be staked to secure the network.

Sei (SEI) is a sector-specific Layer 1 blockchain, specifically designed to optimize trading. Sei is a Layer 1 blockchain that aims to handle a high number of orders per second, with a transaction finality of 380ms. Sei is fully open-source and offers native frontrunning protection, and multiple levels of transaction bundling. It is designed to evolve alongside the industry, with modularity enabling the Sei technology stack to leverage new innovations as governed by the community.

Sei operates using a Twin-Turbo Consensus mechanism, which allows it to aim to be a high-speed blockchain, all while maintaining low transaction costs and industry-leading throughput. It is safeguarded by Proof of Stake, which is a consensus mechanism that allows for high scalability. It also offers user-centric features such as native frontrunning protection and multiple levels of transaction bundling. Sei's design allows it to scale with the industry, aiming to support a variety of apps.

Sei is primarily designed to enhance the trading experience on decentralized exchanges (DEXes). It aims to address the unique requirements of DEXes for reliability, scalability, and speed. Sei can also be used in the NFT marketplace and in crypto games that have built-in exchanges for users to trade in-game NFTs and tokens. Furthermore, Sei's high scalability and speed make it suitable for modern applications that require high performance. Its security-first approach and user-centric features also make it a suitable platform for building and deploying decentralized applications.

Sei was developed in response to the need for a more reliable, scalable, and fast blockchain for trading. It was built from the ground up to prioritize security, with the aim to have the backing of large institutions. Sei is a Layer 1 blockchain that aims to handle a high volume of transactions with quick finality. It seeks to be trusted by operators, investors, and institutions. Over time, Sei has evolved to offer features such as native frontrunning protection, seamless interoperability, and multiple levels of transaction bundling. It has also committed to being carbon neutral, leveraging proof of stake and other innovations to maintain minimal environmental impact.

Market

United Kingdom Market Stats

Market cap

£1.2B

Volume (24h)

£73.4M

Circulating supply

2.8B SEI

Typical hold time

29 days

Popularity

#62

All time high

£0.91

Past performance is not a reliable indicator of future results. Learn more about asset risks.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

United Kingdom Market performance

Price change (1h)

-0.82%

Price change (1d)

-4.36%

Price change (1w)

-3.83%

Price change (2w)

-19.95%

Price change (1m)

-27.84%

Price change (1y)

+109.16%

Past performance is not a reliable indicator of future results. Learn more about asset risks.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

United Kingdom News about Sei

The Block • May 08, 24

Wintermute announces liquidity support for Hong Kong spot bitcoin, ether ETFs

The crypto market maker said it has partnered with OSL and HashKey — both sub-custodians for spot bitcoin and ether ETFs in Hong Kong.

Read more

News Article Image

CoinDesk • May 08, 24

Crypto Trading Firm Wintermute to Provide Liquidity for Hong Kong Bitcoin and Ether ETFs

Looking to strengthen its market share in the Asia region, Wintermute will become a liquidity provider to the recently launched Hong Kong-listed spot bitcoin and ether exchange-traded funds.

Read more

News Article Image

The Block • May 07, 24

Proposal for Grayscale’s Ethereum Futures Trust ETF has been withdrawn

A proposal to list and trade shares of Grayscale's ether futures ETF has been withdrawn, according to a new document filed on Tuesday.

Read more

News Article Image

BeInCrypto • May 07, 24

Mode Network Initiates 550 Million Crypto Airdrop on Optimism

Mode Network launches its governance token, MODE, initiating an airdrop and inviting users to participate. The token serves as both a governance tool and growth incentive, with a substantial total supply aimed at fostering network expansion.The post Mode Network Initiates 550 Million Crypto Airdr...

Read more

News Article Image

BeInCrypto • May 07, 24

Ethernity Launches Ethereum Layer-2 Network with AI Integration

Ethernity Chain's shift to Ethereum Layer 2 features AI for security, focusing on DRM and lower costs, optimizing for the entertainment industry with eco-friendly practices and new project launches.The post Ethernity Launches Ethereum Layer-2 Network with AI Integration appeared first on BeInCrypto.

Read more

News Article Image

CoinDesk • May 07, 24

BlackRock, Ondo, Superstate: The Biggest Movers in the RWA Sector in Q1

Catching up on the biggest news from the real-world asset space.

Read more

News Article Image

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Sei is on the decline this week.

The price of Sei has decreased by 0.82% in the last hour and decreased by 4.36% in the past 24 hours. Sei’s price has also fallen by 3.83% in the past week. The current price is £0.42 per SEI with a 24-hour trading volume of £73.38M. Currently, Sei is valued at 54.44% below its all time high of £0.91. This all-time high was the highest price paid for Sei since its launch.

The current circulating supply of Sei is 2,800,000,000 SEI which means that Sei has as total market cap of 2,800,000,000.

FAQ

What is the current price of Sei?

We update our Sei to GBP currency in real-time. Get the live price of Sei on Coinbase.

What is the market cap of Sei?

The current market cap of Sei is £1.17B. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Sei?

The all-time high of Sei is £0.91. This all-time high is highest price paid for Sei since it was launched.

What is the 24 hour trading volume of Sei?

Over the last 24 hours, the trading volume of Sei is £73.38M.

What other assets are similar to Sei?

Assets that have a similar market cap to Sei include Bitcoin BEP2, First Digital USD, Arbitrum, and many others. To see a full list, see our comparable market cap assets.

How many Sei are there?

The current circulating supply of Sei is 2.8 billion.

What is the typical holding time of Sei?

The median time that Coinbase customers hold Sei before selling it or sending it to another account or address is 29 days.

What is the relative popularity of Sei?

Sei ranks 103 among tradable assets on Coinbase. Popularity is currently based on relative market cap.

What is the current trading activity of Sei?

Currently, 92% of Coinbase users are buying Sei. In other words, 92% of Coinbase customers have increased their net position in Sei over the past 24 hours through trading.

Can I buy Sei on Coinbase?

Yes, Sei is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy Sei guide.

This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.

Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.

This Financial Promotion has been approved by Archax LTD on February 7, 2024