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Sei Network (SEI) Information Summary
1. Project Positioning and Features
Basic Attributes: Sei Network is a Layer 1 blockchain platform focused on decentralized finance (DeFi) order books, developed based on the Cosmos SDK, integrated with the IBC protocol, and belongs to the Cosmos ecosystem.
Core advantages:
Adopting a centralized limit order book (CLOB) model to optimize trading experience and enhance the performance and liquidity of DeFi products.
Compatible with the IBC protocol, allowing for efficient connections to decentralized applications within the Cosmos ecosystem, enhancing cross-chain interaction capabilities.
2. Key Information of SEI Token
Supply: The total supply is 10 billion tokens, with 1.8 billion tokens (18% of the total supply) circulating at the launch of the mainnet, including testnet rewards and user airdrops.
Listing Price Prediction:
Based on the valuation comparison with Aptos and Sui Network, and an analysis of market capitalization and fully diluted valuation (FDV), the expected price range is $0.2 to $0.68.
Specific calculation basis:
Market capitalization comparison: Based on the market caps of APT and SUI at their launch, the corresponding price for SEI is about $0.083-0.38.
FDV Comparison: Referring to the FDV at the time of listing for APT and SUI, the corresponding price for SEI is approximately 0.3-0.68 USD.
3. Market Risk Reminder
Current funds are more inclined towards Layer 2 projects (due to lower transaction costs and higher scalability), which poses competitive pressure on first-layer platforms like Sei, and may increase the volatility risk after SEI's listing.
The overall volatility of the cryptocurrency market is high, and prices are significantly affected by market conditions. The above predictions do not constitute investment advice.
4. Frequently Asked Questions
Differences from other Layer 1 platforms: Focus on DeFi order books, leveraging IBC to achieve optimal infrastructure in the Cosmos ecosystem, enhancing multi-chain interaction and liquidity.
Token Distribution: Total supply of 10 billion tokens, 18% (1.8 billion tokens) will be in circulation at the time of mainnet launch.