As a "new new public chain", some innovative projects have appeared onSei Network.
Written by: Babywhale, Foresight News
When it comes to star projects in the Cosmos ecosystem, Sei bears the brunt. 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 one 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 have also joined.
Including the financing of the project itself and the fundraising from ecological funds, Sei's overall financing amount exceeds US$150 million, which should be second to none in the Cosmos ecosystem. And this star project that "attracted countless heroes to compete" also launched the mainnet last month. What trading opportunities are worth trying in this public chain founded by members of traditional financial institutions that focus on "transactions"?
Infrastructure wallet
Wallets that support Sei Network include comprehensive wallets Bitget Wallet , Coin98 , XDEFI Wallet , and Cosmos ecology or Sei Network network-specific wallets Compass , Cosmostation , Falcon Wallet , Fin Wallet , Frontier , Keplr , Leap Wallet , and Terra Station .
data
Band Protocol
Band Protocol 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 Band's 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.
Python Network
Pyth Network was originally the oracle machine of the Solana ecosystem, and later expanded to the multi-chain ecosystem.
4EVERLAND
4EVERLAND is a Web 3 cloud computing platform integrating storage, computing, and network, aiming to become the infrastructure for Web 3 developers and applications.
Flipside
Flipside , a blockchain data analysis platform, 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
SubQuery 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 Cardano's 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
Catalyst provides liquidity between modular blockchains. Any new modular blockchain network can automatically connect liquidity and realize 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 Network is an interoperable L1 network developed on Substrate and powered by a multi-chain messaging engine designed to communicate and connect with every blockchain.
Glitter Finance
Glitter Finance 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 Bridge is a trustless cross-chain link between the Ethereum and Cosmos ecosystems, built using the Cosmos SDK, which uses a set of validators to sign transactions rather than a multi-signature or permissioned set of participants.
Router Protocol
Router Protocol is a secure, scalable, modular, and composable cross-chain interoperability protocol.
Swing
Swing 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
ChainIDE is a multi-chain smart contract integrated development environment that supports debugging, testing and deployment of alliance chains and public chain smart contracts.
Agoric
Agoric is developed based on the Cosmos SDK and is a platform created for secure programming of smart contracts. It 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
Andromeda has launched 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
Hamster is a one-stop toolkit and middleware platform for Web3 developers.
Lit Protocol
Lit Protocol is a distributed cryptographic technology for encryption, computation, 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
Transak is a Web3 payments 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
Kado is a cryptocurrency and fiat currency trading platform and DEX aggregator.
Payfura
Payfura is a payment gateway for cryptocurrencies and fiat currencies. Users can directly purchase cryptocurrencies using fiat currencies through Payfura's services, or sell cryptocurrencies for fiat currencies. Payfura has received investment from Ycombinator.
Utorg
Utorg is a cryptocurrency on-ramp solution that allows users to purchase platform-supported cryptocurrencies using fiat currencies.
other
Hana
Hana Network is a privacy Layer 0 protocol that enables on-chain privacy on existing chains and on any asset, 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 ID 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 dao5 in February this year.
Kargo
Kargo 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
KYVE is a Web3 data storage protocol, and KYVE has been used as Sei's data flow 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
Nitro 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
Paddle is a Move virtual machine Rollup network built on Sei. It provides a sandbox environment for deploying smart contracts written in Move and has interoperability with the IBC chain.
Skip Protocol
Skip Protocol is an MEV infrastructure provider on Cosmos, providing a Block SDK to build a block space market and a 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 well-known DeFi projects in the Sei ecosystem include SushiSwap , Vortex , which announced its acquisition by SushiSwap in February this year, Crescent, which initially hoped to become the liquidity center of Cosmos but was later replaced by Osmosis , and Stride , the liquidity staking project of the Cosmos ecosystem. Other DeFi projects include:
Aether Protocol
Aether Protocol is a lending protocol on Sei. It is currently in the testing phase and has not yet been launched on the mainnet. 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 DAO was originally the Terra ecological revenue aggregator, and is currently positioned as the Cosmos ecological revenue aggregator and 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 that it had completed US$2.2 million in financing from Pantera Capital, Terra co-founder Do Kwon , GSR Markets and others.
Arkis
Arkis supports under-collateralized leverage protocols. Users can use their DeFi portfolio on multiple chains as a whole as collateral and realize leveraged transactions through borrowing and lending. Arkis is currently in the testing phase and users need to apply for testing qualifications.
Astroport
Astroport was also initially positioned as the DEX of the Terra ecosystem, 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 mainnet supported by Astroport include Terra 2.0, Injective, Neutron, and Sei.
Black Panther
Black Panther 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 project's strategy is not obvious, and users who want to participate need to control risks.
Bril Finance
Bril Finance is the asset management protocol of Sei Ecosystem. Users can deposit Sei Ecosystem assets and earn income through the protocol's strategies.
Coded Estate
Coded Estate is a RWA protocol built on Sei, aiming to build an on-chain real estate market to help users handle property ownership or lease through dynamicNFTs , zero-knowledge proof smart contracts, etc.
Copycat Finance
Copycat Finance 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 Protocol is 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 is managed by a single main account. Traders can have up to 1105 positions in 24 sub-accounts. , and the ability to cross-margin or segregate margin within each account.
DeFund
DeFund 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
Elixir is a market maker protocol designed to allow anyone to participate in market making on centralized and decentralized exchanges through a decentralized protocol and can 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 Protocol is a cross-chain liquidity protocol. Users can pledge the LP tokens obtained after adding liquidity into Entangle. Entangle will provide users with liquidity pledge tokens of LP tokens and release the locked liquidity. Liquidity staking tokens for LP tokens allow users to release liquidity on any of its supported chains.
Firepot
Firepot is not an "authentic" DeFi protocol, but more like an "investment advisor." 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
Fuzio 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
Kawa is a lending protocol that supports cross-chain lending using assets on multiple chains as collateral. It has not been launched yet.
Kryptonite
Kryptonite is a liquid 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
Leonicorn 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
Levana 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.Fi 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 Protocol is a synthetic asset protocol built on Sei. According to the project's 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
Satori 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 Swap 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
SenSei 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 Exchange is a self-hosted order book trading platform on Sei with features such as front-running protection.
stable
Stable 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. Stable's 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
Sparrowswap 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 protocol's built-in slippage-free trading platform SynthSwap and other synthetic assets.
UNO.farm
UNO.farm is a revenue aggregator that uses specific strategies to obtain revenue from DeFi using assets deposited by users through liquidity mining and other methods. UNO currently supports Polygon, BNB Chain, Aurora and Avalanche, but does not yet support Sei Network.
UnUniFi
UnUniFi is 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 Protocol was originally the algorithmic stablecoin protocol of the Solana ecosystem. It announced in September last year that it would be launched on 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
Convergence is a quote request protocol that provides two-way quotes on buy, sell and multi-party structures, including spot and options contracts, and traders can access and trade with a variety of counterparties. In Convergence, Makers and Takers can trade without providing full collateral for a full position.
Eclipse Fi
Eclipse Fi is a modular token issuance solution on Sei, allowing project parties to customize token issuance solutions using modules such as auction, locking, LBA, and IDO.
White Whale
White Whale is the liquidity protocol of the Cosmos ecosystem and is itself a Layer 1 blockchain.
NFT& Metaverse Dego Finance
Dego Finance is a cross-chain NFT + DeFi protocol and infrastructure designed to explore the functional and financial implementation of NFT, including NFT creation, mining, trading, auctions and DeFi applications. Dego Finance launched Binance’s Launchpad in early 2021.
Dagora
Dagora is Coin98's ecological multi-chain NFT market, supporting BNB Chain, Polygon, Sei, etc. Dagora's functions include Marketplace (NFT trading market), Launchpad (NFT publishing platform) and Hot Drops (free coin minting section). In addition, Dagora allows C98 token holders to participate in various activities such as auctions, Launchpad and Hot Drops.
dropspace
Dropspace 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 Club 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
Mizu is an NFT market on Sei, and the trading market function is not currently open.
Pallet Exchange
Pallet Exchange is an NFT trading market on Sei, launched by Tatami, a Web3 game publishing platform.
Seilors
Seilors is an NFT series on Sei. Seilors describes it as an art-centered project with the goal of launching a movement based on high-quality content.
GamesQuestify _
Questify is a gaming competition platform where users can place pre-game bets and compete against 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
Blockus is a Web3 gaming platform that provides compliant and seamlessly integrated wallet-as-a-service products, a white-label NFT marketplace, and fiat and cryptocurrency payments for games. Blockus is one of the first selected projects of the a16z crypto accelerator.
Double Jump
Double Jump is a parkour game built on Sei.
Entice Coin
Entice Coin is a P2E competitive gaming platform where users can earn 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 League aims to launch an e-sports league on Sei. DAOs from various NFT projects can compete as teams to increase the popularity of NFT DAOs.
FusyFox
FusyFox is a third-person shooter AAA game that allows players to use their own NFT characters or free base 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
Gafin is a Web3 gaming platform designed to build a digital community and apply virtual economy for investors and players.
Gelotto
Gelotto is the gaming platform of the Cosmos ecosystem, providing guessing games for various IBC assets, including cards, dice, etc.
Mystic Treasure
Mystic Treasure is a decentralized "Learn-and-Earn" RPG adventure game.
Tatami
Tatami is a Web3 game distribution platform that provides support including game design and development, initial user acquisition, funding, marketing, etc.
TETRISK
TETRISK is a Tetris game on Sei Network.
Yolee Universe
Yolee Universe 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 SEER
SEER 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 Finance 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
Metopia is 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 Network's second round of Web3 social ecosystem funding projects.
WeBump
WeBump is a community of Sei enthusiasts that has developed the NFT tool set Lighthouse, which provides NFT creation, whitelist management and other functions.
Yosu
Yosu 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
Zealy, formerly known as Crew3, 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 user's task completion. In April this year, Zealy announced the completion of a $3.5 million Pre-Seed round of financing led by Redalpine.
Humanode
Humanode 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. A known issue. 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
Truts 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
Dmail is a decentralized infrastructure powered by artificial intelligence that provides anonymous messaging and notification services across multiple chains and applications.
Babylon
Babylon is a Bitcoin staking protocol developed based on the Cosmos SDK. It allows Bitcoin holders to pledge Bitcoin through Babylon's staking protocol to improve the security of the PoS blockchain and obtain rewards.
Campaign
Campaign is a no-code platform for brands and creators to launch user engagement programs, using data analysis to create personalized rewards for users to increase user retention.
Strobe
Strobe is an open protocol for incentivizing provers. Strobe is currently in closed beta and is available by invitation only.
