Sei (SEI)

Sei Network was founded by Jeffrey Feng and Jayendra Jog, who have a highly experienced team around them of former employees from the likes of Airbnb and Goldman Sachs. Thanks to a lot of fundraising from multiple quarters, the project has been able to receive a lot of financial support. Sei offers front-running prevention by executing orders with frequent batch auctions. One of the main pain points of decentralised exchanges is that orders are either not processed on-chain or overload most blockchains if they are processed on-chain. Whereas regular blockchains execute orders one by one, Sei aggregates orders at the end of the block and executes them simultaneously, preventing front-running. The aim of the Sei network is to enable off-chain speed to execute high-frequency trading with on-chain security. The SEI token serves as a governance token and thus allows users to vote in decisions that can be made by the network.