Sei

Sei Network is the first orderbook-specific L1 blockchain. The chain emphasizes reliability, security and high throughput above all else, enabling an entirely new echelon of ultra-high performance DeFi products built on top. Sei's on-chain CLOB and matching engine provides deep liquidity and price-time-priority matching for traders and apps. Apps built on Sei benefit from built-in orderbook infrastructure, deep liquidity, and a fully decentralized matching service. Users benefit from this exchange model with the ability to select price, size, and direction of their trades coupled with MEV protection.

seichain

seichain is a blockchain built using Cosmos SDK and Tendermint. It is built using the Cosmos SDK and Tendermint core, and features a built-in central limit orderbook (CLOB) module. Decentralized applications building on Sei can build on top of the CLOB, and other Cosmos-based blockchains can leverage Sei's CLOB as a shared liquidity hub and create markets for any asset. Sei Shared Liquidity Model

Designed with developers and users in mind, Sei serves as the infrastructure and shared liquidity hub for the next generation of DeFi. Apps can easily plug-and-play to trade on Sei orderbook infrastructure and access pooled liquidity from other apps. To prioritize developer experience, Sei Network has integrated the wasmd module to support CosmWasm smart contracts.

Get started

How to validate on the Sei Testnet This is the Sei Testnet-1 (sei-testnet-1)

Genesis Published

Peers Published

Hardware Requirements

Minimum

• 8 GB RAM
• 100 GB NVME SSD
• 3.2 GHz x4 CPU

Recommended

• 16 GB RAM
• 500 GB NVME SSD
• 4.2 GHz x6 CPU

Operating System

Linux (x86_64) or Linux (amd64) Reccomended Arch Linux

Dependencies

Prerequisite: go1.18+ required.

• Arch Linux: pacman -S go
• Ubuntu: sudo snap install go --classic

Prerequisite: git.

• Arch Linux: pacman -S git
• Ubuntu: sudo apt-get install git

Optional requirement: GNU make.

• Arch Linux: pacman -S make
• Ubuntu: sudo apt-get install make

Seid Installation Steps

Clone git repository

git clone https://github.com/sei-protocol/sei-chain
cd sei-chain
git checkout origin/1.0.1beta-upgrade
make install
mv $HOME/go/bin/seid /usr/bin/

Generate keys

• seid keys add [key_name]

• seid keys add [key_name] --recover to regenerate keys with your mnemonic

• seid keys add [key_name] --ledger to generate keys with ledger device

Validator setup instructions

• Install seid binary

• Initialize node: seid init <moniker> --chain-id sei-testnet-1

• Download the Genesis file: https://github.com/sei-protocol/testnet/raw/main/sei-testnet-1/genesis.json -P $HOME/.sei/config/

• Edit the minimum-gas-prices in ${HOME}/.sei/config/app.toml: sed -i 's/minimum-gas-prices = ""/minimum-gas-prices = "0.01usei"/g' $HOME/.sei/config/app.toml

• Start seid by creating a systemd service to run the node in the background nano /etc/systemd/system/seid.service

Copy and paste the following text into your service file. Be sure to edit as you see fit.

[Unit]
Description=Sei-Network Node
After=network.target

[Service]
Type=simple
User=root
WorkingDirectory=/root/
ExecStart=/root/go/bin/seid start
Restart=on-failure
StartLimitInterval=0
RestartSec=3
LimitNOFILE=65535
LimitMEMLOCK=209715200

[Install]
WantedBy=multi-user.target

Start the node

• Reload the service files: sudo systemctl daemon-reload
• Create the symlinlk: sudo systemctl enable seid.service
• Start the node sudo: systemctl start seid && journalctl -u seid -f

Create Validator Transaction

seid tx staking create-validator \
--from {{KEY_NAME}} \
--chain-id  \
--moniker="<VALIDATOR_NAME>" \
--commission-max-change-rate=0.01 \
--commission-max-rate=1.0 \
--commission-rate=0.05 \
--details="<description>" \
--security-contact="<contact_information>" \
--website="<your_website>" \
--pubkey $(seid tendermint show-validator) \
--min-self-delegation="1" \
--amount <token delegation>usei \
--node localhost:26657