What is Sei Network?
Sei Network is a Cosmos app-chain optimized for DeFi.
Background
Dan Edlebeck and Jayendra Jog founded Sei Network in 2022.
How Does It Work
Sei Network has a built-in order book and matching engine and is the infrastructure layer for CosmWasm applications to build on top. Sei gives DeFi apps an “unfair advantage” over non-DeFi ones, making specific tradeoffs to the base layer to allow DeFi apps to thrive. Features include:
- Native order matching engine.
- Intelligent block propagation.
- Sub-second settlement.
- Parallel order execution.
- Native price oracle.
- Optimistic block processing.
Sei is one of the first Cosmos chains to experiment heavily with ABCI++ to increase throughput and reduce latency.
Key Takeaways
- DeFi optimized Cosmos app-chain.
- Has a built-in orderbook and matching engine.
- Sei focuses on giving DeFi apps an ‘unfair advantage’ in their protocol design.
- One of the first chains to experiment with ABCI++.