According to official sources, Larry, the DeFi head of Sei Network, delivered a keynote speech titled "The Fastest Parallelized EVM Layer 1" at the "OKX Web3 Night" event. Larry stated that Sei is committed to expanding the Ethereum Virtual Machine (EVM), with the goal of achieving 5 billion gas throughput per second. Through parallel execution, fast consensus, and optimized storage, Sei has created the highest-performance EVM in history. In the future, it will rebuild the EVM from scratch, focusing on consensus, storage, and execution. The Giga upgrade will further enhance Sei's performance by optimizing the consensus mechanism and improving network throughput. After the upgrade, Sei's TPS (transactions per second) is expected to double to 10,000 TPS, meeting the needs of enterprise-level large-scale applications.
According to defillama data, Sei Network's TVL has grown by 85% in the past month, ranking first among all public chains. Notably, several high-growth projects have emerged in the Sei ecosystem, such as Yei Finance, Sailor Finance, and Silo. Among them, the top DeFi protocol Yei Finance is building a cross-chain liquidity market based on Sei's high-performance public chain characteristics, integrating multi-chain lending and trading to provide users with an experience comparable to CEX.
