Sei is the first parallelized EVM and an L1 solution that combines Ethereum’s development standard with Solana’s performance. It plays a crucial role in the Ethereum ecosystem as it significantly enhances transaction throughput and reduces costs. With 12,500 transactions per second and 380 ms transactional finality, Sei is a high-performance scaling solution for the Ethereum ecosystem.
Sei addresses Ethereum’s scalability limitations, such as low transaction speeds and high gas fees, by allowing Ethereum-compatible applications to run more efficiently, with higher throughput and lower fees. This helps alleviate congestion on Ethereum and provides developers with a more scalable environment without needing to leave the EVM ecosystem.
Optimized for digital asset exchange, Sei opens new possibilities for building innovative DeFi platforms, NFT marketplaces, and other types of dapps, bringing Web2-like experiences. Additionally, thanks to the unique architecture introduced with Sei V2, the chain brings improved scalability, security, and speed while enabling greater development flexibility.
With Tenderly’s support of the Sei network, you can now integrate a full-stack infrastructure for the entire dapp lifecycle on Sei, building and scaling groundbreaking applications at record speed.
How Sei introduces parallelized VMs
Sei supports the Web3 multichain ecosystem by ensuring interoperability and seamless composability between EVM and CosmWasm parallelized execution environments, enabling a more connected and robust blockchain landscape. This parallelization also brings EVM token standards to Sei and opens the Cosmos ecosystem to EVM developers.
Sei enables the interoperability between these execution environments using pointer and precompile contracts. These two features enable all Sei contracts to be accessible from both VM environments. The pointer contracts relay messages between the two VMs, acting as proxy contracts. On the other hand, the precompile contracts are embedded directly into the Sei blockchain, and enable developers and users to interact with Sei dapps from EVM wallets for purposes such as staking, governance, token bridging, token transfer management, etc.
Additionally, Sei supports parallel transaction and contract execution in both environments. This execution parallelization significantly boosts the performance of both VMs, offering a more convenient development experience.
Why should you build on Sei
Thanks to its unique features and architecture, Sei also brings some unique advantages to developers building on the network. Developers should consider building their dapps on Sei because it offers the best of both worlds: the familiarity and extensive tooling of the Ethereum ecosystem combined with Solana's high performance and scalability.
Additionally, Sei’s backward compatibility means that developers can deploy their existing Ethereum smart contracts on Sei without code changes, making the transition seamless.
- EVM and CosmWasm interoperability: You can interact with both VMs from the same chain. This interoperability allows you to integrate both EVM and Cosmos functionalities, enabling you to create truly innovative dapps on Sei. It also allows you to deploy dapps and tooling without any changes to the code base.
- Parallel transaction execution: Sei’s parallelized EVM allows for faster transaction processing and lower fees, enabling you to create more complex and high-performance dApps without the constraints of Ethereum’s traditional limitations. With Sei’s V2 parallel execution, you do not need to make code changes or optimizations to benefit from the increased transaction throughput. However, you need to rethink the design of applications in an environment where transactions are so fast and cheap. For instance, some developers, accustomed to optimizing for high gas costs on other networks, try to batch multiple actions into a single transaction. On Sei, this isn't necessary—you can take advantage of the low fees and fast execution to perform more frequent, smaller transactions, enhancing the efficiency and responsiveness of their applications.
- Cost-effective operations: Thanks to 390ms block times and a transaction throughput that’s orders of magnitude higher than Ethereum, Sei is at the pinnacle of high-speed blockchain platforms, ideal for web2-like experiences, high-frequency trading, and real-time digital exchanges.
- Notable developer support: Sei boasts unique tools and resources, developer forums, and community events, encouraging participation, collaboration, and growth. Tenderly support is now available, and you can further enhance development and collaboration on Sei.
To further support developers, Sei provides comprehensive documentation and a dedicated builders chat. Sei’s documentation includes guides and tutorials covering everything from setting up the initial development environment to deploying smart contracts. These resources offer guidance on best practices for designing dApps that fully leverage Sei’s unique capabilities, ensuring a smooth development experience and helping developers maximize the platform's potential.
Sei’s growing ecosystem
Sei supports a wide range of applications, particularly in decentralized finance (DeFi), gaming, and NFTs. Some of the ecosystem projects include Yei Finance, a decentralized, non-custodial money market protocol, and Silo, focusing on liquid staking.
Yei Finance is the leading decentralized app and non-custodial money market protocol on the Sei network, offering the best liquidity and maximum capital efficiency. As a fork of Aave V3, the largest lending protocol, Yei Finance offers users all of the standard features such as lending and borrowing assets, and managing risks with advanced tools. The Yei Finance team partnered with some of the DeFi space leaders and their protocol keeps topping the charts among dapps on the Sei network.
Pallet Exchange is an NFT marketplace leveraging Sei’s capabilities for efficient trading. Jellyverse is a DeFi 3.0 ecosystem offering protocols like JellySwap for trading, JellyStake for staking, and jAssets for decentralized asset trading. DragonSwap is Sei’s native decentralized exchange (DEX), utilizing the parallelized EVM to deliver a high-performance trading experience. Additionally, multiple gaming projects are being developed on Sei, further expanding the network’s use cases and community engagement.
How to use Tenderly to build and scale on Sei
As a full-stack infrastructure, Tenderly supports your entire dapp lifecycle on Sei. From collaborative development environments to automated monitoring systems, use Tenderly’s infrastructure and tools to build and scale high-performance dapps.
Additionally, Tenderly enables efficient team collaboration over a shared infrastructure with built-in developer tools to ensure incremental, iterative, and faster development and deploy on Sei.
Fork Sei to build with up-to-date data on Virtual TestNets
Tenderly TestNets are game-changing development environments providing collaborative infrastructure for Web3 teams. These environments fit the native Web3 workflows and are designed to replace public testnets, which were never really intended for dapp development.
From the first lines of code to on-chain deployment, Virtual TestNets power the entire dapp development lifecycle, enabling you to set up CI pipelines, staging, testing, and demo environments. They provide fast, iterative, and dynamic collaboration between teams and offer a ready-made solution to public testnet issues such as testnet deprecations, token shortages, long deployments, and missing smart contract data.
Key features that Tenderly Virtual TestNets provide you with are:
- Full control and customization of your Sei replica, from state manipulation with custom values and custom chain IDs, account impersonation, and unlimited faucet at your disposal, fitting your unique workflow.
- Real-time state sync with the latest state of Sei Pacific-1 or Sei Atlantic-2, enabling you to build and test under realistic conditions with the live on-chain data.
- Cross-team collaboration allows you to spin up any number of required Sei instances for your solidity, frontend, and backend teams and provide fast, iterative development.
- Built-in tools and explorer for complete observability of your environments and in-depth overview and debugging of on-chain activity.
Spin up any number of Virtual TestNet instances by forking Sei networks and open doors to the only true testing experience in dapp development.
Explore and debug granular Sei data
As your go-to full-stack infrastructure for dapp development in Web3, Tenderly also brings a suite of advanced exploration tools to help you analyze, debug and optimize relevant on-chain data for your dapp. Add all of your relevant smart contracts and wallets and filter through the on-chain noise.
Tenderly dashboard features tools such as:
- Transaction Overview: inspect transactions in detail, trace-by-trace, in a human-readable format with granular insights into the smart contracts involved, emitted events, state changes, and more. You can even leave comments on any part of the call trace for your team members for easier navigation.
- Debugger: identify, inspect, and debug bug-causing with the Web3 industry’s leading debugging tool. Pinpoint the exact line of code in the Stack Trace.
- Simulator: validate bug fixes by running simulations on modified smart contract source code, troubleshoot failed or successful transactions, or simply change inputs and parameters to see the outcome without deploying on-chain.
- Gas profiler: break down gas consumption in a visual way per each function call and opcode, allowing you to optimize costs.
Monitor and react to crucial events on Sei
Tenderly provides another feature set relied on by numerous Web3 teams. You can monitor and respond to the relevant on-chain activity on Sei in real-time with Tenderly Alerts and Web3 Actions.
- Monitor various on-chain events, such as transaction success, events emitted, function calls, token transfers, balance or state changes, and stay up-to-date with your dapp usage.
- Set up and receive automatic real-time notifications to your desired destination or channel, such as Telegram, Discord, Slack, or PagerDuty.
- Ensure greater visibility, and respond faster or even automatically with Tenderly Web3 Actions, allowing for custom code execution on alert triggers.
Join the parallelized environment with unparalleled performance
As the first parallelized L1, Sei introduces a unique EVM environment with unparalleled performance for dapp development. Addressing key scalability issues of Ethereum, and offering unique benefits, a growing ecosystem, and comprehensive developer resources it provides a new level playing field for building Web2-like applications and experiences.
With the new architecture in place and Tenderly’s full-stack infrastructure at your fingertips, it’s time to dive into the Sei ecosystem and community and start building your next dapp on the fastest L1 blockchain network.
