# Sei > The fastest Layer 1 Sei is a high-performance Layer 1 blockchain optimized for trading applications with 400ms block finality and parallel transaction processing. Sei helps developers build fast, efficient applications by providing a trading-focused Layer 1 blockchain with parallelized execution. Users can trade digital assets at near-instant speeds, build high-performance decentralized exchanges, and deploy applications using familiar EVM tools. - Type: Network - Sector: Blockchain Platforms - Status: Active - Founded: 2022-04-01 - Profile: https://thegrid.id/profiles/sei ## Products - [Sei Network](https://thegrid.id/profiles/sei): (L1, Live, Main Product) - [Seitrace](https://thegrid.id/profiles/sei): Seitrace provides blockchain exploration and analytics for Sei Network, supporting both EVM and Cosmos environments with detailed block information, transaction tracking, validator data, and smart contract verification capabilities. (Block Explorer, Live) ## Assets - [Sei (SEI)](https://thegrid.id/profiles/sei): SEI is the native token of Sei Network, a Layer 1 blockchain optimized for trading applications. It is used to pay transaction fees, stake with validators to secure the network through proof-of-stake consensus, participate in governance, and serve as collateral in applications. The token benefits from parallel transaction processing enabled by Optimistic Concurrency Control, which allows SEI-denominated transactions to settle in 400ms by executing non-conflicting operations simultaneously across multiple CPU cores. (Native) ## Links - [Main](https://www.sei.io) - [Documentation](https://docs.sei.io) - [Blog](https://blog.sei.io) - [Whitepaper](https://github.com/sei-protocol/sei-chain/blob/main/whitepaper/Sei_Whitepaper.pdf) - [Twitter / X](https://x.com/SeiNetwork) - [Discord](https://discord.gg/sei) - [Telegram](https://t.me/seinetwork) - [GitHub](https://github.com/sei-protocol) - [Twitter / X](https://x.com/Sei_FND) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation. Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service. The following applies to both licensing models. - All data is provided AS IS with no guarantees of accuracy. - The Grid does not provide investment, legal, or tax advice, and - a project's presence in The Grid's data does not imply endorsement. - [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers - [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service. - [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service. - [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services. - [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures ## Optional - [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model - [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships - [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type - [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types - [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP