TLDR Crypto · INNOVATION & LAUNCHES

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coindesk.com2 min read

Summary from the TLDR Crypto newsletter

Sei Labs deployed its long-awaited L1, Sei, to mainnet yesterday. The native token SEI is now on exchanges. Rather than focusing on solving technical issues, Sei’s core focus is making trading easier for social platforms, games, and NFTs. Boasting 10x the speed of Solana, Sei achieves transaction finality in 250 milliseconds. More than 200 teams have started building on Sei. 7.5m unique wallets were onboarded in the testnet phase and some large, established protocols like Sushiswap have integrated the chain into their offerings.