
Market Cap
$414.79M
24h Volume
$51.77M
Circulating
6.73B SEI
All-Time High
$1.14
Market Cap
$414.79M
Volume (24h)
$51.77M
Circulating Supply
6.73B SEI
Max Supply
N/A
1 SEI = $0.06
| All-Time High | $1.14 (March 16, 2024) |
| All-Time Low | $0.048524 (March 31, 2026) |
Sei Network (SEI) is a layer-1 blockchain built for trading. The team at Sei Labs, led by ex-Robinhood and Goldman Sachs alumni Jeff Feng and Jayendra Jog, started the project in 2022 and shipped mainnet in August 2023. The chain is built on the Cosmos SDK with CometBFT consensus, but most of the original code paths were rewritten to push throughput and finality past what a vanilla Cosmos chain can do.
The original v1 design optimised for on-chain order books. In May 2024, Sei v2 went live with parallelised EVM execution, so Solidity contracts now run side-by-side with CosmWasm contracts on the same chain. SEI is the native token: total supply is capped at 10 billion, with a multi-year vesting schedule and a low initial circulation. SEI is used to pay gas, secure the chain through delegated proof-of-stake, and vote on governance.
SEI trades against USDT, USD, and BTC on every Tier-1 venue, with the deepest liquidity sitting on Binance, Bybit, and OKX. The SEI/USD figure on this page is a volume-weighted aggregate from spot exchanges with the deepest order books, refreshed every 60 seconds. SEI hit an all-time high near $1.14 in March 2024 during the v2 launch run-up and has spent most of the time since well below that mark.
What tends to move SEI in any given week:
The price card above streams live data; the analysis below uses the levels at page load.
Sei v2 is the upgrade that took Sei from a niche Cosmos appchain to a serious EVM-L1 contender. It went live on mainnet in May 2024 and was the first EVM blockchain with parallel transaction execution in production. The upgrade did three things at once: it kept full backward compatibility with existing Sei v1 chains and CosmWasm contracts, it added a parallel EVM that runs Solidity bytecode unchanged, and it unified the state machine so the two execution environments share the same accounts and tokens.
▼ +94.59% from ATH
| Trade → |
| Bitfinex | SEI/USDT | $0.06153 | Trade → |
| BTCC | SEI/USDT | $0.06163 | Trade → |
The bet behind v2 is that Solidity has won the smart-contract language war but the EVM itself has not. Parallelising execution at the L1 level is one way to fix that without breaking the existing developer ecosystem.
Twin Turbo is the umbrella name for the consensus and execution optimisations that ship together with Sei. Block time on the chain is around 390 milliseconds, with finality landing in the same block. Three pieces sit underneath that number.
The practical effect is that a SEI transfer feels closer to a card swipe than a typical L1 settlement. That latency profile is the reason trading-focused apps were the first wave of builders, and it is the part that the team has been pushing hardest on the roadmap.
Sei v1 was built around a native on-chain order book, which is unusual for a non-Solana L1 and a direct response to the AMM-dominant model on most of the rest of crypto. The v2 upgrade kept that order-book heritage and layered EVM-native AMMs and lending markets on top. The result is an ecosystem that looks a bit different from a typical EVM rollup.
TVL on Sei is smaller than on Ethereum or its biggest L2s, which is the reason most of the price action moves on TVL deltas rather than absolute levels. A single new protocol going live with $20 to $50 million in liquidity is a meaningful event for SEI in a way it would not be for ETH.
Sei Giga is the long-arc roadmap the team published in 2024 with a target of 5 or more gigagas per second of EVM throughput. Gigagas, in this context, is the unit of EVM execution: 1 gigagas per second is roughly the throughput of the Ethereum mainnet times one hundred. Hitting 5 means Sei would aim to run a meaningful slice of global financial activity on a single L1.
Public components of the Giga roadmap include:
Most of these pieces are in research or testnet through 2024 and 2025. Whether Sei can actually ship the full stack at production scale is the open question, and it is the single biggest catalyst on the bull side for SEI over the next 12 to 24 months.
SEI is widely listed and easy to buy. Where the holder makes real decisions is the staking and self-custody side, since that controls the yield and the risk surface.
Send a small test transfer first when moving size. SEI fees are low, so a $1 test transaction is essentially free insurance against a wrong-network or wrong-address mistake.
SEI is a higher-risk position than a major L1 like ETH or BTC, and the risk profile is dominated by tokenomics and competition rather than by anything wrong with the technology.
For longer-term scenarios on SEI specifically, see our Sei price forecast.
This page is information, not financial advice. Talk to someone licensed before allocating real capital.
At the time of writing, Sei (SEI) trades at $0.061509, with a 24-hour trading volume of $51.77M and a total market capitalization of $414.79M. The asset is currently ranked #119 among all tracked cryptocurrencies by market cap.
Over the last 24 hours, the SEI price has rose +1.54%. On the seven-day chart, Sei has retraced +1.59%, showing mixed signals across the short and medium term. Short-term price swings are often amplified by liquidity conditions, news flow, and derivatives positioning, so traders should confirm signals across multiple indicators before acting.
Sei's all-time high of $1.14 was set on March 16, 2024. The current market price is +94.59% below that historical peak. Distance from the all-time high is a common reference point when evaluating long-term recoveries and identifying macro support or resistance levels.
Buying Sei (SEI) is straightforward once you know which exchange to use and which trading pair offers the best liquidity. The steps below describe the typical flow used by most investors today.
You can also use the built-in Sei converter above to estimate exactly how much SEI you would receive for a given amount in USD before placing an order.
Whether Sei is a good investment depends on your goals, time horizon, and tolerance for volatility. Like all cryptocurrencies, SEI carries significant market risk — prices can rise or fall sharply in a single day, and past performance is not a reliable indicator of future returns.
This page provides data and analysis for educational purposes only. It is not financial advice. Always do your own research, diversify, and never invest more than you can afford to lose.