Sei (SEI) Price, Charts & Market Data

The SEI token, the native cryptocurrency of the Sei network, serves multiple purposes:

Transaction Payments: SEI is used to compensate for network transaction fees. Validator Staking: Token holders can either delegate their SEI to validators or stake their tokens to secure the network. Governance: SEI token holders can participate in the protocol's governance processes. Collateral: It functions as a native asset liquidity or collateral for dApps on Sei. Trading Fees: On Sei-based decentralized exchanges, SEI is used as a transaction fee.

It's essential to highlight that SEI tokens majorly fund community projects and initiatives, strengthening decentralized token distribution. This approach ensures the network remains transparent, democratic, and resistant to centralization.