Introduction
On August 15th, the Layer-1 blockchain Sei successfully launched its mainnet, accompanied by the listing of its native token SEI on major exchanges like Binance, Coinbase, OKX, and others. This article explores SEI's fundamentals, its unique distribution model, and the reasons behind its rapid exchange adoption.
What is SEI?
SEI is a Layer-1 blockchain optimized for high-speed trading of digital assets, including NFTs and social tokens. The SEI token serves multiple functions:
- Paying network and transaction fees.
- DAO governance voting.
- Collateral for staking and node validation.
Token Distribution
SEI has a total supply of 10 billion tokens, with 1.8 billion currently circulating. Allocation breakdown:
| Category | Quantity (Billion) | Percentage |
|------------------------|--------------------|------------|
| Ecological Reserve | 4.8 | 48% |
| Private Investors | 2 | 20% |
| Team | 2 | 20% |
| Foundation | 0.9 | 9% |
| Binance Launchpool | 0.3 | 3% |
Source: Mitrade
Why Are Top Exchanges Rushing to List SEI?
Simultaneous listings on elite exchanges like Binance and Coinbase are rare, signaling strong confidence in SEI’s potential. Key reasons:
- High liquidity demand: SEI’s 24-hour trading volume surpassed $250 million, with Binance dominating over 50%.
- Exchange incentives: Attracts new users and boosts revenue via trading fees.
👉 Discover SEI trading opportunities on OKX
SEI Airdrop Eligibility
- 3% of total supply allocated for airdrops and testnet rewards.
- Eligible wallets include those on Solana, Ethereum, Arbitrum, Polygon, BNB Chain, and Osmosis.
- Claim via app.sei.io.
Pro Tip: Stay updated on official channels for future airdrop campaigns.
Should You Invest in SEI Now?
- Price performance: SEI debuted at $0.16** and rose **43%** to **$0.23, showing stability uncommon for new tokens.
Short-term vs. long-term:
- Short-term: Potential gains based on momentum.
- Long-term: Monitor technology adoption and market risks.
Caution: New tokens often face volatility post-listing.
FAQ Section
1. What makes SEI different from other Layer-1 blockchains?
SEI specializes in high-speed asset trading, optimizing for NFT and social token exchanges.
2. How can I claim SEI airdrops?
Link eligible wallets via app.sei.io and follow claim instructions.
3. Why did SEI get listed on Binance and Coinbase simultaneously?
Exchanges recognize its liquidity potential and ecosystem growth.
4. Is SEI a good long-term investment?
Evaluate its adoption roadmap and market trends before deciding.
👉 Explore SEI’s latest developments
Conclusion
SEI’s multi-exchange listing reflects its robust design and market appeal. While short-term gains are promising, investors should balance optimism with due diligence.
Disclaimer: This content is for informational purposes only and not financial advice.