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Sei (@SeiNetwork)
Canary Capital has filed Pre-Effective Amendment No. 2 to its S-1 for the proposed Canary Staked SEI ETF. The ETF will hold spot SEI and stake ~90% of the fund's holdings. BitGo is named as the sole custodian.
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Canary Capital has filed Pre-Effective Amendment No. 2 to its S-1 for the proposed Canary Staked SEI ETF. The ETF will hold spot SEI and stake ~90% of the fund's holdings. BitGo is named as the sole custodian.
Canary Capital has filed Pre-Effective Amendment No. 2 to its S-1 for the proposed Canary Staked SEI ETF. The ETF will hold spot SEI and stake ~90% of the fund's holdings. BitGo is named as the sole custodian.
Privacy on Sei is coming through Sedna — a private transaction layer built for trading. With Sedna transactions on Sei will stay private until finality, preventing frontrunning, backrunning, and sandwich attacks. Privacy built for a better trading experience at every size.
Introducing Hermes. The fastest consensus protocol ever published. Designed for Sei Giga, Hermes is intended to provide lower latency and jitter than any blockchain today can provide. With Hermes, Giga will be ultimate onchain trading experience.
dShares by @DinariGlobal. Coming soon to Sei.
NEW: @REXShares and @OspreyFunds have updated their Staked SEI ETF filing with the SEC, setting October 23 as the effective date. The proposed ETF provides spot SEI exposure with staking, filed alongside NEAR, HYPE, SUI, AVAX, and others.
Tokenized S&P 500 stocks for U.S. investors are coming to Sei. @DinariGlobal’s dShares trade from self-custody wallets with USDC — each backed by the real asset. Sei is built for onchain equities.
Sei Labs has released the benchmarks for Hermes, its new consensus protocol. 68ms median finality. 95% of transactions final within 101ms. The speed trading needs.
THE BLOCK: Canary Capital has filed its second amendment for a staked SEI ETF. The fund is looking to stake around 90% of its $SEI holdings custodied by BitGo. It is expected to trade on Cboe BZX, while ticker and sponsor fees are yet to be revealed.
Saphyre Perps. Plugged into @MonacoTrading. More trading, coming to Sei.
Giga's storage upgrade on mainnet, 0.1 cent transaction fees, and Metamask sponsored gas. Here's what happened on Sei over the past few weeks ↓ 🔴 @jayendra_jog confirmed the first pieces of Giga storage are live on mainnet, putting Sei on track to be the first EVM chain to fully replace merkle trees: https://x.com/jayendra_jog/status/2094815793016099086 🔴 MetaMask now sponsors gas on Sei, making eligible swaps, sends, and dapp interactions free from a MetaMask wallet: https://x.com/SeiNetwork/status/2097746240058597469 🔴 @Sei_Labs benchmarked FlatKV, the state store built for Sei Giga, at 205,913 transactions per second over 24 hours, roughly 13.7x its predecessor: https://x.com/Sei_Labs/status/2094806684090904967 🔴 Sei is now the 3rd largest network for Ondo's USDY, with tokenized treasuries live onchain for non-US users: https://x.com/SeiNetwork/status/2098118521427513620 🔴 @Mastercard and Sei mapped the framework 40+ financial institution leaders use to decide where they actually deploy onchain: https://x.com/SeiNetwork/status/2095512238459425225 🔴 Sei reported the average transaction now costs a tenth of a cent even as fees climb across other networks: https://x.com/SeiNetwork/status/2095950057057239163 🔴 @MonacoTrading shared its top 10 testnet markets, led by BTC, MU, and LIT, then teased a mainnet countdown as its trading launch nears: https://x.com/MonacoTrading/status/2097703071719510396
Giga's storage upgrade on mainnet, 0.1 cent transaction fees, and Metamask sponsored gas. Here's what happened on Sei over the past few weeks ↓ 🔴 @jayendra_jog confirmed the first pieces of Giga storage are live on mainnet, putting Sei on track to be the first EVM chain to fully replace merkle trees: https://x.com/jayendra_jog/status/2094815793016099086 🔴 MetaMask now sponsors gas on Sei, making eligible swaps, sends, and dapp interactions free from a MetaMask wallet: https://x.com/SeiNetwork/status/2097746240058597469 🔴 @Sei_Labs benchmarked FlatKV, the state store built for Sei Giga, at 205,913 transactions per second over 24 hours, roughly 13.7x its predecessor: https://x.com/Sei_Labs/status/2094806684090904967 🔴 Sei is now the 3rd largest network for Ondo's USDY, with tokenized treasuries live onchain for non-US users: https://x.com/SeiNetwork/status/2098118521427513620 🔴 @Mastercard and Sei mapped the framework 40+ financial institution leaders use to decide where they actually deploy onchain: https://x.com/SeiNetwork/status/2095512238459425225 🔴 Sei reported the average transaction now costs a tenth of a cent even as fees climb across other networks: https://x.com/SeiNetwork/status/2095950057057239163 🔴 @MonacoTrading shared its top 10 testnet markets, led by BTC, MU, and LIT, then teased a mainnet countdown as its trading launch nears: https://x.com/MonacoTrading/status/2097703071719510396 🔴 @Sei_Labs welcomed data infrastructure company @bilinearlabs into the ecosystem: https://x.com/Sei_Labs/status/2097334890325004375
Progress towards Sei Giga is accelerating. > SIP-3 is nearing completion > Completion of Eidos Upgrade is expected in upcoming releases > Ares Upgrade expected shortly after > Giga testnet approaching
Development on Sei network is accelerating. Are you ready for what's coming?
Sei Giga is coming. Piece by piece, the Giga Upgrade is going live.
Institutions are coming onchain. Are you ready for them?
The week opened on fundamentals and closed in a flurry of activity. Are you starting to feel it? Here's the roundup ↓ 🔴 @Mastercard and Sei published the comprehensive framework financial institutions use to evaluate blockchains before they deploy: https://x.com/SeiNetwork/status/2092614822680564171 🔴 Eidos, the first stage of the Giga upgrade, went live on mainnet: https://x.com/SeiNetwork/status/2091918734214520959 🔴 @chainspect_app reported Sei led all chains in activity gains, up 37%: https://x.com/chainspect_app/status/2093297705468526674 🔴 @BSCNews shared a detailed outlook on where Giga stands today, with Eidos live: https://x.com/BSCNews/status/2091808604483649736 🔴 @Sei_Labs published new privacy research on finality before disclosure: https://x.com/Sei_Labs/status/2093014532222513202 🔴 @alranpe, a Sei Labs protocol researcher, shared part 4 of his privacy deep dive with Sedna: https://x.com/alranpe/status/2092214189804986377 🔴 @MonacoTrading reached 125K testnet addresses as it counts down to mainnet: https://x.com/MonacoTrading/status/2092182699125739890 Markets Move Faster on Sei. ($/acc)
NEW: @Mastercard and Sei publish the framework for how financial institutions evaluate blockchains. Institutions are coming onchain. Where and why they deploy is now the question. This is the framework, based on interviews with 40+ institutions. https://blog.sei.io/institutional-blockchain-report-mastercard/
Ondo's USDY brought tokenized US Treasuries to Sei. Circle's native USDC brought regulated dollars. Dinari's tokenized stocks for US investors are coming soon. And Washington is finally updating the rules. The modern economy is looking good here.
In partnership with @Mastercard After months of exploring how financial institutions actually evaluate blockchain infrastructure The foundations of institutional blockchain adoption drop next week
Sei Giga will introduce 5 gigagas/s execution. That means hundreds of thousands of database writes every second, forever. Eidos rebuilds the storage layer to handle it. More from @TokenRelations:
Tokenized stocks are coming to Sei. Dinari's dShares cover more than 700 equities, including the entire S&P 500. The world's deepest equity market, on the blockchain for trading. More from @TokenRelations:
Heads up, we're winding down Validator and Relayer support for the following chains through August and September: AppChain, Arcadia, B² Network, Berachain, Bitlayer, Blast, Boba Mainnet, EVM on Flow, Hashkey, Hemi Network, Immutable zkEVM, Lumia Prism, MegaETH, Morph, Nibiru, Noble, Oort, Peaq, Plume, Reactive Mainnet, Ronin, Sei, Sonic, SOON, TAC, and Taiko. If you're using Hyperlane on any of these chains, now's the time to bridge assets off, plan your migration, or spin up your own Validators and Relayers.
6.6 is the biggest release to hit Sei mainnet in two years. Two of Giga's three major upgrades have started.
NEW: In an industry first, @DinariGlobal is making tokenized US stocks available to eligible US investors, coming soon to Sei. Traders will be able to access the entire S&P 500® as dShares™ with @MonacoTrading as a launch partner.
The Giga Roadmap is filling out. Trading infrastructure is lining up. The blockchain for trading is looking good here. Here's what happened this week ↓ 🔴 @Sei_Labs introduced Hermes, the final component of the Giga Roadmap: https://x.com/SeiNetwork/status/2082515492850528382 🔴 @Sei_Labs released the Sei 6.6 proposal, kickstarting two of the three major network upgrades that make up Sei Giga: https://x.com/Sei_Labs/status/2083224983929827661 🔴 SIP-5 was rolled out, a post-quantum upgrade path so every account has a route to quantum-safe security: https://x.com/SeiNetwork/status/2082115115395223930 🔴 @zerodev_app went live with smart accounts on Sei, letting trading apps cover gas and batch approvals for better trading UX: https://x.com/SeiNetwork/status/2081823757514297582 🔴 @RWAFoundation_ reported distributed asset value on Sei has reached $289M: https://x.com/RWAFoundation_/status/2083118140469227627 Markets Move Faster on Sei. ($/acc)
The greatest market in the world. Coming to Sei. Soon.
Introducing SIP-5: a post-quantum upgrade path for Sei. SIP-5 is ready today, so that if a quantum threat emerges, every account has a route to quantum-safe security. Meanwhile, Sei Labs is also building higher-performance cryptography that will replace it.
Smart accounts are live on Sei with @zerodev_app Apps can cover gas and batch approvals, so users set permissions once and trade from there. Better trading experiences are coming to the Blockchain for Trading. More from @TokenRelations ↓
ZeroDev is live on Sei. Smart accounts, gas abstraction, session keys, cleaner wallet UX. Better trading experiences are coming to Sei with @zerodev_app under the hood.
From matching engines to MEV protection, the blockchain for trading is coming into form. Here's what happened on Sei this week ↓ 🔴 @MonacoTrading opened its public testnet, a trading network for spot, perps, and tokenized RWAs: https://x.com/MonacoTrading/status/2076636728761135573 🔴 Monaco's CEO @0xturbanurban explains the vision behind Monaco: https://x.com/0xturbanurban/status/2077425662109835499 🔴 @MetaMask broke down MEV as a tax on your trades and how Giga's pre-execution privacy prevents it: https://x.com/metamask/status/2078147382374719687 🔴 @BinanceUS boost is live: https://x.com/binanceus/status/2077785335094825223 🔴 @Sei_Labs research explored funding-rate manipulation with pre-execution privacy on perp venues: https://x.com/Sei_Labs/status/2078148414567833620 🔴 @m1markets and @trademontecarlo are live on Monaco testnet: https://x.com/MonacoTrading/status/2077534302162542952 🔴 Wonder what @MonacoTrading is? Let Claude explain: https://x.com/MonacoTrading/status/2077776989096689926 Markets Move Faster on Sei. ($/acc)
The same pre-execution privacy that prevents front-running can be turned into funding-rate manipulation on perp venues. New Sei Labs research identifies the mechanism and solves for it.
"The most important killer application will be an extremely high-performance trading application" - @jayendra_jog on @TokenRelations In other news, @MonacoTrading testnet is live: https://trade.0xmonaco.com/
Sub-250ms finality. Pre-execution privacy. Institutional-grade predictability. The Giga Whitepaper V2 laid out the most performant trading infrastructure yet. Here's what else went down this week ↓ 🔴 The Giga Whitepaper V2, in full: https://x.com/SeiNetwork/status/2072352038932066417 🔴 @Sei_Labs introduced Sedna, a pre-execution privacy layer on Giga. @jayendra_jog broke it down: https://x.com/jayendra_jog/status/2066890289613304137 🔴 @MessariCrypto dropped research on how Giga brings MEV protection into the protocol itself: https://x.com/MessariCrypto/status/2072688461845278856 🔴 Sei Research Initiative published Ambulance, a successor to Autobahn and a leap in BFT consensus: https://x.com/Sei_Labs/status/2070519666464989394 🔴 @TokenRelations took a deep dive on @MonacoTrading, covering everything you should know: https://x.com/TokenRelations/status/2071639957710438562 🔴 @okutrade launched Borrow 2.0, surfacing the best rates across 9 ecosystems, Sei included: https://x.com/okutrade/status/2072698870438494303 🔴 @RWAFoundation_ named Sei one of the fastest-growing RWA chains: https://x.com/RWAFoundation_/status/2071266930053218536 Markets Move Faster on Sei. ($/acc)
MEV has cost the industry $6.5B since 2022. Giga introduces MEV protection at the protocol level. Full breakdown from @MessariCrypto ↓
Introducing the Giga Whitepaper V2. The first Giga Whitepaper laid out the fastest blockchain yet. V2 brings privacy, predictability, & performance. 🔴 Sub-250ms finality 🔴 Pre-execution privacy 🔴 Protocol-level MEV resistance 🔴 200K+ TPS The blockchain built for trading: https://arxiv.org/pdf/2505.14914
"Monaco is led by Simran Singh, who ran GSR's DeFi trading desk and traded oil derivatives at Goldman. The core team comes from Hudson River Trading, Jump Crypto, Robinhood, & Point72." @MonacoTrading is built for traders, by traders. Coming to the blockchain for trading.
From the team that developed Autobahn, Sei Giga's groundbreaking consensus. Ambulance is the successor, designed to ensure a chain's block time stays fast no matter what.
A blockchain for trading needs privacy. That's the problem Sedna is built to solve. More from @TokenRelations on privacy, coming to Sei:
Privacy is coming to Sei. Multi-proposer consensus, like Sei Giga's Autobahn, provides massive gains in throughput and speed. The tradeoff: increased spam via duplicate transactions. Sedna, an upcoming protocol from @Sei_Labs, removes spam while bringing privacy and MEV resistance to Giga. https://seiresearch.io/articles/sedna-mempool-privacy-without-encryption
New asset now available to trade on Robinhood Legend. $SEI (Sei)
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