Sei – a high-performance L1 for trading and DeFi – here's the latest: • Launched in August 2023 with a focus on speed, achieving sub-400ms finality and 12,500+ TPS • Sei v2 upgrade (July 2024) introduced the first parallelized EVM for full Ethereum compatibility • Landmark Xiaomi partnership (December 2025) will pre-install a Sei wallet on 168M+ smartphones annually from 2026 • Ecosystem TVL grew 624x from $13M (February 2024) to $687M (July 2025), with strong DeFi and gaming adoption • Upcoming Sei Giga upgrade targets 200,000+ TPS, with the v6.3 mainnet fork deployed in early February 2026
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