Original author: Babywhale, Foresight News

Speaking of the new generation Layer 1 in the past year, Sei Network is undoubtedly one of the best. In August 2022, Sei Labs, founded by veterans of Goldman Sachs and Robinhood Markets, completed a $5 million seed round of financing led by Multicoin Capital. Among the investors were Coinbase Ventures, GSR, Flow Traders and other institutions closely related to trading. Just a month later, Sei announced the launch of a US$50 million ecological fund, which was later expanded to US$120 million with the support of institutions such as Bitget and Foresight Ventures.

In April this year, Sei Network completed US$30 million in financing at a valuation of US$800 million, fully double the US$400 million valuation The Block learned from people familiar with the matter. In addition to seed-round investment institutions, new investors such as Foresight Ventures, OKX Ventures, Jump Capital, and Bixin Ventures also joined.

Including the financing of the project itself and the fundraising from ecological funds, Seis overall financing amount exceeds US$150 million. This star project that attracted countless heroes to compete also launched the main network last month. What trading opportunities are worth trying at Sei, which was founded by members of traditional financial institutions and focuses on trading?

infrastructure

wallet

Wallets supporting Sei Network include comprehensive walletsBitget Wallet、Coin 98 、XDEFI WalletAnd Sei Network network dedicated walletCompass、Cosmostation、Falcon Wallet、Fin Wallet、Frontier、Keplr、Leap Wallet、Terra Station。

data

Band Protocol

Band ProtocolIt is a cross-chain oracle that was announced in November 2022 to be deployed on Sei Network. Band Protocol has integrated with Axelar. DApps running on more than 40 interconnected blockchains supported by Axelar network coverage can access Bands suite of off-chain data services. The integration will provide the EVM and Cosmos ecosystem in a decentralized manner. Seamless connection and cross-chain interoperability between systems.

Pyth Network

Pyth NetworkOriginally an oracle for the Solana ecosystem, it was later expanded to a multi-chain ecosystem.

4 EVERLAND

4 EVERLANDIt is a Web 3 cloud computing platform integrating storage, computing, and network, aiming to become the infrastructure for Web 3 developers and applications.

Flipside

FlipsideIt is a blockchain data analysis platform that announced in April last year that it had completed a $50 million round of financing led by Republic Capital at a valuation of $350 million.

SubQuery

SubQueryIt is a data indexing tool that originally focused on the Polkadot ecosystem and later expanded to multiple chains. SubQuery received investment from EMURGO Ventures, a subsidiary of Cardanos official business arm EMURGO, in November last year.

Cross-chain

The cross-chain infrastructure supporting Sei Network includes Axelar Network, Celer, and Wormhole. Other projects include:

Catalyst

CatalystLiquidity can be provided between modular blockchains, and any new modular blockchain network can automatically connect liquidity and implement liquidity exchange with any blockchain, including liquidity hubs such as Ethereum and Cosmos. Catalyst completed a $4.2 million seed round led by Spartan Group in April.

Ferrum Network

Ferrum NetworkIt is an interoperable L1 network developed based on Substrate and powered by a multi-chain messaging engine designed to communicate and connect with every blockchain.

Glitter Finance

Glitter FinanceIt is a cross-chain ecosystem, including Glitter USDC cross-chain trading, Glitter token cross-chain bridge, Glitter cross-chain arbitrage and liquidation robot, and cross-chain liquidity as a service layer. Other tools include SDK for cross-chain development, etc.

Gravity Bridge

Gravity BridgeIt is a trustless cross-chain between the Ethereum and Cosmos ecosystems, built using the Cosmos SDK, which uses a set of validators to sign transactions instead of multi-signatures or permissioned sets of participants.

Router Protocol

Router ProtocolIt is a secure, scalable, modular and composable cross-chain interoperability protocol.

Swing

SwingIt is a cross-chain liquidity protocol that integrates the liquidity of multiple cross-chain bridges and DEX, allowing developers to use its platform to provide cross-chain trading functions. Swing completed US$6 million in financing led by Republic Capital in January last year, and in March this year announced the launch of Swing Platform, a no-code product designed to facilitate the deployment of cross-chain applications.

development tools

ChainIDE

ChainIDEIt is a multi-chain smart contract integrated development environment that supports debugging, testing and deployment of alliance chain and public chain smart contracts.

Agoric

AgoricDeveloped based on the Cosmos SDK, it is a platform created for secure programming of smart contracts and provides a convenient development environment for developers who use JavaScript to develop DApps. Agoric completed US$4 million in financing in 2019, and then completed a US$32 million token private placement in November 2021 with participation from Polychain and others.

Andromeda

AndromedaLaunched aOS, a cross-chain composable on-chain operating system, which provides the basic function set of applications through tools such as the Andromeda App Store, thereby helping developers shorten application development time.

Hamster

HamsterIt is a one-stop toolkit and middleware platform for Web3 developers.

Lit Protocol

Lit ProtocolIt is a distributed encryption technology used for encryption, calculation and programmable signatures. As a universal key management layer, Lit provides developers with a comprehensive toolkit for managing sovereign identities on the open web. Lit Protocol provides developers with two core services: encryption and access control, and programmable signatures.

On & Off Ramp

Transak

TransakIt is a Web3 payment and fiat aggregator that allows users to purchase cryptocurrencies using fiat currencies. Transak announced in May this year the completion of a $20 million Series A financing led by CE Innovation Capital.

Kado

KadoIt is a cryptocurrency and fiat currency trading platform and DEX aggregator.

Payfura

PayfuraIt is a payment gateway between cryptocurrencies and fiat currencies. Users can use fiat currencies to directly purchase cryptocurrencies through Payfuras services, or sell cryptocurrencies for fiat currencies. Payfura has received investment from Ycombinator.

Utorg

UtorgIt is a cryptocurrency on-ramp solution that allows users to use fiat currencies to purchase cryptocurrencies supported by the platform.

other

Hana

Hana NetworkIt is a privacy Layer 0 protocol that can achieve on-chain privacy on existing chains and on any assets including Bitcoin. Hana mainly includes a privacy computing layer based on multi-asset zk-UTXO, a cross-chain protocol that connects Layer 0 with other chains, and an SDK that can be integrated into any DApp and wallet to add privacy options.

SPACE ID

SPACE IDIt is a decentralized multi-chain domain name protocol that currently supports .bnb and .arb domain names. SPACE ID received a seed round of financing led by Binance Labs in September last year, and then received a US$10 million strategic round of financing led by Polychain Capital and dao 5 in February this year.

Kargo

KargoIt is a prediction market infrastructure that Sei describes as Layer 1.5 on Sei. Its base layer contract will serve as a modular infrastructure to help developers launch prediction markets.

KYVE

KYVEIs a Web3 data storage protocol, KYVE has been used as Seis data streaming and storage solution. KYVE allows blockchains to permanently store data on the Arweave Decentralized Storage Network (DSN), which will verify and store public data from Sei.

Nitro

NitroIt is a Solana Layer 2 network that acts as a gateway between Solana and the Cosmos ecosystem, and is an Optimistic Rollup with Sealevel Virtual Machine (SVM) compatibility. Nitro is developed by Sei Labs.

Paddle

PaddleIt is a Move virtual machine Rollup network built on Sei, which provides a sandbox environment for deploying smart contracts written in Move and has interoperability with the IBC chain.

Skip Protocol

Skip ProtocolIt is an MEV infrastructure provider on Cosmos, providing Block SDK to build a block space market and Skip API that allows one-click cross-chain token transactions and transfers between any network in Cosmos. Skip Protocol completed a $6.5 million seed round led by Bain Capital Crypto in September last year.

DeFi

The more well-known DeFi projects in the Sei ecosystem includeSushiSwap, in February this yearAnnounceAcquired by SushiSwapVortex, originally hoped to become the liquidity center of Cosmos but was later replaced by OsmosisCrescentAnd the Cosmos ecosystem’s liquidity staking projectStride. Other DeFi projects include:

Aether Protocol

Aether ProtocolIt is a lending protocol on Sei. It is currently in the testing phase and has not yet been launched on the main network. Users can try the lending and borrowing functions of Bitcoin, Ethereum, USDT and USDC in the test version. Aether uses Pyth Network as the oracle.

Apollo DAO

Apollo DAOOriginally a revenue aggregator for the Terra ecosystem, it is currently positioned as a revenue aggregator for the Cosmos ecosystem and a community-driven investment DAO. Apollo DAO currently provides Vaults based on protocols such as Osmosis and Mars Protocol. The TVL of Vaults exceeds US$15 million. In addition, Apollo DAO currently has nearly $1.02 million in War Chest funds for external investment. Projects it has invested in include Terra-based revenue acceleration and governance protocol Retrograde.

Apollo DAO announced in September 2021 the completion of US$2.2 million in financing from Pantera Capital, Terra co-founder Do Kwon, GSR Markets and others.

Arkis

ArkisSupporting under-collateralized leverage protocols, users can use their DeFi portfolio on multiple chains as a whole as collateral and implement leveraged transactions through borrowing and lending. Arkis is currently in the testing phase and users need to apply for testing qualifications.

Astroport

AstroportInitially positioned as a DEX for the Terra ecosystem, it was jointly developed by Terraform Labs, Delphi Labs, and Attic Lab. The spot trading market model refers to Bancor and Uniswap, and the stablecoin trading market model refers to Curve. Currently, the mainnets supported by Astroport include Terra 2.0, Injective, Neutron, and Sei.

Black Panther

Black PantherIt is an asset management protocol. Users can deposit assets and stablecoins supported by the protocol into the protocol at the same time. The protocol will use specific strategies to trade in the DEX of the Cosmos ecosystem (including Astroport and White Whale) to obtain profits. Black Panther currently supports Terra and Injective, but actual data shows that the short-term effect of the projects strategy is not obvious, and users who want to participate need to control risks.

Bril Finance

Bril FinanceIt is the asset management protocol of the Sei ecosystem. Users can deposit Sei ecological assets and obtain income through the protocols strategies.

Coded Estate

Coded EstateIt is a RWA protocol built on Sei, aiming to establish an on-chain real estate market to help users handle property ownership or lease through dynamic NFT, zero-knowledge proof smart contracts, etc.

Copycat Finance

Copycat FinanceIt is a copy trading platform that is currently on BNB Chain. Users can choose the strategy they want to follow the transaction on the platform, and deposit funds to automatically follow the corresponding strategy. Additionally, Copycat Finance allows users to follow liquidity mining strategies.

Cypher Protocol

Cypher ProtocolIs a spot and derivatives trading platform that uses an on-chain order book model. Cypher allows users to use sub-accounts to manage trader positions and are managed by a single main account. Traders can have up to 1105 positions in 24 sub-accounts, and Ability to cross margin or segregate margin within each account.

DeFund

DeFundIt is a cross-chain decentralized ETF protocol developed using the Cosmos SDK. It is also the L1 blockchain of the Cosmos ecosystem. It aims to establish decentralized, permissionless on-chain trading strategies and package these strategies into dETF (decentralized exchange-traded funds) tokens.

Elixir

ElixirIt is a market maker protocol designed to allow anyone to participate in market making on centralized and decentralized exchanges through a decentralized protocol, and to provide liquidity for long-tail assets. Elixir announced in January this year that it had completed a $2.1 million seed round of financing, with investors including FalconX, Commonwealth, OP Crypto, ChapterOne and BitMEX founder Arthur Hayes.

Entangle Protocol

Entangle ProtocolIt is a cross-chain liquidity protocol. Users can pledge LP tokens obtained after adding liquidity into Entangle. Entangle will provide users with liquidity pledge tokens of LP tokens and release locked liquidity. Liquidity staking tokens for LP tokens allow users to release liquidity on any of its supported chains.

Firepot

FirepotIt cannot be regarded as an authentic DeFi protocol, but more like an investment consultant. Firepot uses AI to help users customize investment plans based on their risk appetite, and the application automatically executes the corresponding strategies, but users always maintain control of their assets.

Fuzio

FuzioIt is a comprehensive DeFi platform on Sei, aiming to provide a gamified DeFi experience. Fuzio provides decentralized prediction markets, DEX, Launchpad and liquidity staking services, but currently only DEX functionality has been developed.

Kawa

KawaIt is a lending protocol that supports cross-chain lending using assets on multiple chains as collateral. It has not been launched yet.

Kryptonite

KryptoniteIt is a liquidity staking protocol. Users can pledge the Sei Network token SEI and obtain the liquidity staking token bSEI. They can then use bSEI as collateral to mint the stable currency kUSD with a 200% mortgage rate.

Leonicorn

LeonicornIt is a decentralized trading platform that provides AMM, order book model spot trading and perpetual contract trading. Leonicorn supports networks including Aptos, Sui, Core DAO, BNB Chain, OKT Chain and Sei Network.

Levana

LevanaIt is a perpetual contract trading platform on Sei that supports leverage up to 30 times. Currently, Levana supports leveraged contract transactions including BTC, ETH, ATOM and OSMO.

LFW.Fi

LFW.FiIt is a cross-chain transaction aggregator that supports the transactions of assets on 16 EVM-compatible public chains, including Ethereum. Currently, the platform does not support Sei Network.

Pharaoh Protocol

Pharaoh ProtocolIt is a synthetic asset protocol built on Sei. According to the projects Twitter, Pharaoh Protocol provides trading of commodities, foreign exchange and other traditional assets that can be priced by oracles, and Vortex provides a perpetual contract trading market. There is currently no official website information for this project.

Satori

SatoriIt is an on-chain derivatives protocol that allows users to trade perpetual contracts on Satori-supported assets with up to 25x leverage. Currently, Satori supports Polygon zkEVM, zkSync and Scroll testnet, but does not yet support Sei. Satori announced in May 2022 the completion of US$10 million in financing led by Polychain and Blockchange.

Sea Swap

Sea SwapIt is a DEX on Sei. The project is still in an early stage and the total TVL of the agreement is only a few thousand dollars.

SenSei

SenSeiIt is a gamified DeFi project that supports users to pledge SEI or stablecoins. The protocol will distribute the income from staking SEI and providing stablecoins to other DeFi protocols to staking users. The highlight of this project is that a portion of the revenue obtained will be used for a lottery, that is, user revenue will not always match their share, and winning users may receive rewards that are much higher than their expected revenue.

Simba Exchange

Simba ExchangeIt is a self-hosted order book trading platform on Sei with features such as front-running protection.

stabble

stabbleIt is a cross-chain DEX protocol originally named SOLA-X and built on Solana. Stable has not launched Sei yet, but will focus on cross-chain liquidity between the Solana and Cosmos ecosystems in the future. Stables features include smart routing that automatically balances liquidity across multiple liquidity pools, smart order execution that splits orders when slippage exceeds 0.2%, and arbitrage strategies that the trading platform runs itself to prevent malicious arbitrage attacks.

Sparrowswap

SparrowswapIt is a DEX on Sei, and currently only the test network is open.

SYNTHR

SYNTHR() is a full-chain synthetic asset protocol that supports Ethereum, BNB Chain, Arbitrum, etc., including Sei Network. The mechanism of SYNTHR is similar to the early Synthetix. Users can mortgage highly liquid assets such as ETH, USDC and USDT to cast synthetic assets syAssest, and trade through the protocols built-in slippage-free trading platform SynthSwap and other synthetic assets.

UNO.farm

UNO.farmIt is a revenue aggregator that uses specific strategies to obtain revenue from DeFi through liquidity mining and other methods from the assets deposited by users. UNO currently supports Polygon, BNB Chain, Aurora and Avalanche, but does not yet support Sei Network.

UnUniFi

UnUniFiis a yield aggregator that enables users to maximize returns through automated transfers of funds to various DeFi protocols and optimized yield generation strategies. UnUniFi Protocol completed a US$1.5 million seed round of financing led by gumi Cryptos Capital in December last year. At that time, UnUniFi Protocol was positioned as an NFT lending protocol, but the current NFT lending function has not yet been launched.

UXD

UXD ProtocolOriginally an algorithmic stablecoin protocol of the Solana ecosystem, it was announced in September last year that it would be launched on the Sei Network. UXD allows users to mint the stablecoin UXD using USDC. UXD Protocol completed US$3 million in financing led by Multicoin Capital in September 2021.

Convergence

ConvergenceIt is a quote request protocol that provides two-way quotes for buy, sell and multi-party structures, including spot and options contracts, and traders can access and trade with various counterparties. In Convergence, Makers and Takers can trade without providing full collateral for a full position.

Eclipse Fi

Eclipse FiIt is a modular token issuance solution on Sei that allows project parties to customize token issuance solutions using modules such as auction, locking, LBA, and IDO.

White Whale

White WhaleIt is the liquidity protocol of the Cosmos ecosystem and is itself a Layer 1 blockchain.

NFTMetaverse

Dego Finance

Dego FinanceIt is a cross-chain NFT + DeFi protocol and infrastructure, aiming to explore the functional and financial implementation of NFT, including the creation, mining, trading, auction and DeFi applications of NFT. Dego Finance launched Binance’s Launchpad in early 2021.

Dagora

DagoraIt is Coin 98 ecological multi-chain NFT market, supporting BNB Chain, Polygon, Sei, etc. Dagoras functions include Marketplace (NFT trading market), Launchpad (NFT publishing platform) and Hot Drops (free coin minting section). In addition, Dagora allows C 98 token holders to participate in various activities such as auctions, Launchpad and Hot Drops.

dropspace

dropspaceIt is a self-service NFT minting platform. Its products include the NFT rarity query platform rarityspace and the NFT minting tool. The tool currently supports Ethereum, Polygon, Base and BNB Chain.

Duck Club

Duck ClubIt is an NFT series on Sei Network, aiming to build a Web3 community. In August of this year, Duck Club announced plans to establish a comics brand.

Mizu

MizuIt is an NFT market on Sei, and the trading market function is not yet open.

Pallet Exchange

Pallet ExchangeIt is an NFT trading market on Sei, launched by Tatami, a Web3 game publishing platform.

Seilors

Seilorsis an NFT series on Sei, which Seilors describes as an art-centered project with the goal of launching a movement based on high-quality content.

game

Questify

QuestifyIt is a game competition platform where users can place bets before games and compete with other gamers. In addition, users can also communicate with other gamers in the community on the platform, and can also bet on the DAO ranking in the leaderboard, etc.

Blockus

BlockusIt is a Web3 gaming platform that provides compliant and seamlessly integrated wallet-as-a-service products, white-label NFT markets, and fiat and cryptocurrency payments for games. Blockus is one of the first selected projects of the a16z crypto accelerator.

Double Jump

Double Jumpis a parkour game built on Sei.

Entice Coin

Entice CoinIt is a P2E competitive game platform where users can obtain rewards by competing with other users on the platform in mini-games. The platform is developed based on Polygon and announced a cooperation with Sei this year, but it has not been launched on Sei yet.

Fable League

Fable LeagueAiming to launch an e-sports league on Sei, the DAOs of various NFT projects can participate in competitions as teams to increase the popularity of NFT DAOs.

FusyFox

FusyFoxIt is a third-person shooting AAA game that allows players to use their own NFT characters or free basic non-NFT characters to play games and participate in tournaments. It combines free-to-play and P2E modes based on skill and tournament performance.

Gafin

GafinIt is a Web3 gaming platform designed to build a digital community and apply virtual economy for investors and players.

Gelotto

GelottoIt is a game platform of the Cosmos ecosystem, providing guessing games for various IBC assets, including cards, dice, etc.

Mystic Treasure

Mystic TreasureIt is a decentralized Learn-and-Earn RPG adventure game.

Tatami

TatamiIt is a Web3 game distribution platform that provides support including game design and development, initial user acquisition, funding, marketing, etc.

TETRISK

TETRISKis a Tetris game on Sei Network.

Yolee Universe

Yolee UniverseIt is an open world game on Sei, providing puzzle, racing, strategy, casual games, etc. Yolee Universe says it aims to serve low-income people in Africa and Southeast Asia while creating an additional revenue stream through in-game advertising.

social contact

SEER

SEERIt aims to build a Web3 community chat tool that can connect project parties and users, including application layer, analysis layer, privacy layer and protocol layer. The application layer can support the interaction between the wallet and DAPP, and implement basic functions such as NFT, on-chain identity DID, SWAP, and DAO; the analysis layer performs AI analysis through nodes and provides APIs with reliability, data accuracy, and scalability; privacy The protocol layer provides end-to-end encrypted asynchronous communication; the protocol layer uses distributed open protocols to achieve decentralized storage, and uses secure, decentralized, and real-time communication standard protocols to ensure the security and effectiveness of server data.

other

Bounce Finance

Bounce FinanceIt is a decentralized auction platform that has launched an auction-as-a-service (AaaS) protocol to simplify the token issuance process of projects. The AaaS protocol includes decentralized on-chain auction functions, seamless token creation functions, LP liquidity management solutions and Telegram robot services.

Metopia

Metopiais a growth-focused Web3 contribution platform that provides the community with the SBT protocol to capture on-chain contributions and distribute rewards accordingly. Metopia is one of Mask Networks second round of Web3 social ecosystem funding projects.

WeBump

WeBumpIt is a community of Sei enthusiasts that has developed the NFT tool set Lighthouse, which provides NFT creation, whitelist management and other functions.

Yosu

YosuIt is a task platform where users can participate in incentive activities of various projects in the ecosystem supported by Yosu to compete for rankings and receive rewards.

Zealy

ZealyFormerly known as Crew 3, it is a Web3 task platform. Users can complete tasks provided by different projects on the platform to earn points. The platform or project may give corresponding rewards based on the users task completion. In April this year, Zealy announced the completion of a $3.5 million Pre-Seed round of financing led by Redalpine.

Humanode

HumanodeIt is an internal project of Paradigm. It is a blockchain project based on the biometric identification code consensus mechanism. It aims to achieve the goal of one person = one node = one vote to solve various problems in modern cryptoeconomics and governance. Known issues. Humanode developed a Layer 1 protocol that is resistant to Sybil attacks through auditable pseudonymous biometric identities that use decentralized biometric solutions, liveness detection and encryption technology.

Humanode announced in February last year the completion of a $2 million seed round led by Republic Capital.

Truts

TrutsIt is a Web3 task platform. On the one hand, it provides users with a platform to explore and find new projects that match their interests. On the other hand, it allows projects to provide tasks so that users can obtain rewards by completing tasks.

Dmail

Dmailis a decentralized infrastructure powered by artificial intelligence that provides anonymous messaging and notification services across multiple chains and applications.

Babylon

BabylonIt is a Bitcoin staking protocol developed based on the Cosmos SDK, allowing Bitcoin holders to pledge Bitcoin through Babylons staking protocol to improve the security of the PoS blockchain and obtain rewards.

Campaign

CampaignIt is a no-code platform for brands and creators to launch user engagement programs, using data analysis to create personalized rewards for users to improve user retention.

Strobe

Strobeis an open protocol for incentivizing provers. Strobe is currently in closed beta and is available by invitation only.