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Sei

SEI

Live. Code changed: 1 day ago. Machine-drafted, not yet checked by a person.

Full record

Sei describes itself as a blockchain network that combines Ethereum's developer tools with Solana's speed. Of the 2 things it promised, it delivered 0, 2 are still open (2 with no date); nothing dated is coming up. It trades at $0.0437, #140 of all coins by size, 96% below its highest ever price.

This week Nothing changed on its record.

A real job, real backing. Delivered 0 of 2, none late. Nothing dated ahead. Biggest of 5 parallelized evms. Nothing to be careful of on the record.

Is it real?

2 of 4tests passeda real job, real backing, something ahead, room to grow
2named backersCoinbase Ventures, Multicoin Capital
2 yearson the marketsince 15 March 2024
181.84Kpeople watch iton CoinGecko lists
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2 of 4

  • A real-world jobReal-world purpose: a platform other apps build on
  • Real backingBacking: backed by Coinbase Ventures; in the GMCI Index; trades on Coinbase, Crypto.com, Kraken
  • Something aheadA dated step, deliveries on record, or demand showing up in the news.
  • Room to growWorth at least four times less than the biggest coin doing the same job, so the gap is real, not a guess.

Backed by Coinbase Ventures and 1 more

  • Origin15 March 2024about about 2 yearsTagged Made in USA on CoinGeckosei.io, GitHub, Whitepaper
  • DevelopersNot namedNeither Wikidata nor its listing names the foundersCode last changed 1 day ago
  • BackingCoinbase Ventures, Multicoin CapitalInvestor tags from CoinGeckoIndex: GMCI IndexListed on Coinbase, Crypto.com, Kraken, Bitstamp
  • Standing on the record0 of 20 confirmed by outside news31 headlines last month, 1 about government181,838 people keep it on a CoinGecko watchlistNo corrections needed so far

Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.

Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.

Does it deliver?

0 of 2promises deliveredby the project's own pages
0confirmed outsideby a news report or a tagged release
0past their date
2still open
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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it

0%delivered

0 of 2

promises delivered, by the project's own pages

0 of those confirmed by an outside news report

Promises by the year they were due

undated2

delivered open past due

The project gives no dates for these, so there is no line to draw. What its pages say, in plain words:

Still open, undated (2)

  • Sei says its planned V3 Giga upgrade will make the network…
  • Sei says its Giga upgrade will redesign the network to…
Promises, one by one
  • Openno dateSei says its planned V3 Giga upgrade will make the network 50 times faster than any other Ethereum-compatible blockchain.
    Details
    “Currently on Devnet, Sei's V3 Giga update will make Sei 50x more performant than any existing EVM chain, serving as a groundbreaking new scaling approach for the Ethereum ecosystem.”

    source · snapshot · captured 2026-09-10

  • Openno dateSei says its Giga upgrade will redesign the network to process transactions and produce blocks much faster while keeping the same security model and Ethereum compatibility.
    Details
    “The Sei Giga upgrade introduces a completely redesigned architecture that enables over 50x throughput, 70x faster block production, and 40x execution efficiency, all while preserving the trust model of Proof-of-Stake and offering EVM compatibility.”

    source · snapshot · captured 2026-09-10

What is next, and when?

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How big is it next to its rivals?

#1of 5 parallelized evmsthe typical one is worth $36.27M
$294.33Mworth todayprice × coins out
$36.27Mthe typical rival is worthParallelized EVM
$265.65Mthe next biggest is worthMonad
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world

A platform other apps build on

35 coins we checked say they are for a platform other apps build on, worth $393.62B together. #18 of 35 by worth.

Parallelized EVM: this coin against its direct competitors

  • CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
  • Sei$294.33Mthis coin−2.4%no max0 of 2 delivered
  • Monad$265.65M1.1× smaller, −$28.68M−3.7%, gap −1.3no maxno record
  • Pharos$66.7M4.4× smaller, −$227.62M−1.7%, gap +0.7no maxno record
  • Neon$5.84M50.4× smaller, −$288.48M+0.4%, gap +2.843% outno record
  • Reactive Network$4.84M60.8× smaller, −$289.49M−4.2%, gap −1.850% outno record
Same job, different how

Parallelized EVM: this coin next to Monad, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.

Sei says
Sei describes itself as a blockchain network that combines Ethereum's developer tools with Solana's speed.
Monad says
Monad is a high-performance Layer 1 blockchain that processes 10,000 transactions per second with near-zero fees.

Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.

What it is

Sei describes itself as a blockchain network that combines Ethereum's developer tools with Solana's speed.

Its listing puts it this way: Sei is a high-performance Layer 1 blockchain that scales the EVM with parallelized execution, enabling faster transactions, low fees, and seamless smart contract deployment. Sei removes traditional blockchain bottlenecks while maintaining full Ethereum compatibility.

Problem it says it solves: a platform other apps build on. 52 coins we have checked say the same; together they are worth $408,727,547,844.

Where it trades: Coinbase, Crypto.com, Kraken, Bitstamp, Binance

Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.

Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.

What should make me careful?

Nothing printed today

None of the six tests fails. A missed promise counts only on a record a person has checked.

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The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.

The homework: the coin itself, the news, the record

The coin itself

$0.0437price of one−2.4% today
96%below its highest ever$1 on 15 March 2024
100%of the supply is out6.73B coins
$736paid in fees, 30 dayswhat people paid to use it
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The last 7 days

7 days ago: $0.0484now: $0.0437 (−9.7%)

Where today sits against its highest ever price

$0.0437

Highest ever: $1.14 on 15 March 2024. Today is 4% of that.

67%

of all SEI that will ever exist is already out in public hands: 6.73B coins.

33% (3.27B coins) is not yet created or held by the project. That is a large share, though not a majority. Those coins can be sold later, which can push the price down.

out held back. Each dot is 1%.

Pays for every use of its network

Every transaction on its network pays a fee in it. That is the built-in reason anyone needs it.

  • Every transaction on its network pays a fee in it
$0.0437price of one
×
6.73Bcoins out
=
$294.33Mworth today, #140 of all coins

That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.

Basics
  • 6.73Bin circulation of 10B total. No hard maximum is set, so more can be created.
  • 1.5×fully diluted value versus today's market cap. The gap is coins not yet released.
  • 4%of its all-time high of $1.14 on 15 March 2024. That is −96.2% from the top.
  • #140by market cap, $294,325,406.
  • Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.

Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.

Real use, in dollars
  • $31.56M is locked in apps built on it right now
  • Users paid $736 in fees to use it in the last 30 days, $736 of that kept by the network

From DefiLlama, refreshed nightly. Fees are what people paid to use the thing; value locked is what they trust it to hold. Facts, not a score.

What the news says

31headlines, last monththat name this coin
1about governmentregulation, courts, central banks
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Headlines per day, last 30 days

31 headlines named this coin in the last month.

What they were about

  • Upgrade10
  • Unlock3
  • Tokenization3
  • Treasury1
  • Price1
In the news
What people are talking about, last month:

31 headlines in the last month.

Headlines are the publishers' own. News is never placed next to price.

The record itself

Promises2from its own pages
Page copies478 pages watched
Confirmed0by outside news
Checkedmachinedraft until checked
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy

What it says it is

Sei describes itself as a blockchain network that combines Ethereum's developer tools with Solana's speed.

“Sei is a Layer 1 blockchain that combines the advantages of Ethereum and Solana: the dominant development standard of Ethereum with the performance of Solana.”
source · snapshot · captured 2026-09-10
Stage and age

Live. The record does not yet cite when this stage began.

Promises

0 of 2 promises delivered. 2 open.

Others in smart-contract platforms: Internet Computer 20 of 23, Ethereum 15 of 20, Ozone Chain 13 of 30, Starknet 10 of 24, and 28 more.
Others in payments networks: Nockchain 20 of 30, Beldex 10 of 48, eCash 8 of 10, ADI 7 of 15, and 18 more.
Last activity

Last code change on the main repository (sei-protocol/sei-chain): 1 day ago, on 14 September 2026.
None of the project's captured pages has changed since capture began on 10 September 2026.

Open flags

Nothing further to flag from the record as it stands.

Checked?

This record was drafted by a machine from captured pages and has not yet been checked by a person. Treat every line as unverified until that note changes.