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Kryptonite Overview
24h High
$0.00
24h Low
$0.00
Volume 24h
$0
Market Cap
$19.08K
Circulating Supply
367.00M SEILOR
Kryptonite News
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About Kryptonite
Kryptonite (SEILOR) is a primary Liquid Staking Derivative product on the Sei Network, offering liquid staking, leverage, and lending functionalities. It was developed in 2022 by co-founders Christopher Lee and David Braut and has become a significant part of the SEI ecosystem. The SEILOR token is crucial for accessing various features within the Kryptonite protocol, including staking and stablecoin minting.
Kryptonite serves multiple purposes within the Sei Network. It enables users to engage in liquid staking, a process that provides liquidity to SEI stakers in exchange for a portion of the network fees they earn. This process enhances the utility of staked assets by allowing users to earn rewards while maintaining liquidity. Additionally, Kryptonite offers functionalities for SEI lending and the minting of collateralized stablecoins, which are pivotal for trading activities on the network. The SEILOR token powers the Kryptonite protocol, providing users with access to SEI staking infrastructure, mint functions for stablecoins, and various other features within the ecosystem.
Kryptonite was developed as a key project of the Sei Network. The platform's inception dates back to 2022, and it has since been an integral part of SEI's incentivized testnet. The project was co-founded by Christopher Lee and David Braut. These founders, along with the Kryptonite team, have established strong relationships with node operators on the SEI network to ensure comprehensive support and marketing for the protocol. Kryptonite has gained significant attention and usage, with over 50,000 users participating in its testing phase.
Kryptonite Markets
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Kryptonite Platforms
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Kryptonite Market Data
The live Kryptonite price today is $0.00 USD with a 24-hour trading volume of $0.00 USD. We update our SEILOR to USD price in real-time. Kryptonite is tracking market moves in the last 24 hours.
The current market cap is $19,076.40 USD. The circulating supply is 367,000,000 SEILOR.