Sei seems a bit half backed.
$SEI is designed for trading, but only 2 features differentiate themselves from other chains which are the Transaction Finality, and prevention of Front-Running bots.
TPS is higher on many other layer1 such as polygon (65K TPS, Venom between 100K and 1M TPS, etc.).
Transaction finality at 500ms, is that really needed though? SUI performed at 480ms with TPS between 10K and 300K.
So, the only real differentiator is the front-running prevention. Market cap of SUI is $6B ($435M in circulation) vs $1.5B ($273M) for SEI.
What other criteria are important for a trading use case? Liquidity for one, indexing for sure. Fast Read Time, not just fast Write Time.
To me, just seems we are not there yet. dApps are driving liquidities... are web3 creators going to chose SUI, SEI, or any such chains or they will stick to ERC and their layer2? I'd say, all these chains will fail to acquire significant market share, but they may punch Solana in the face.
Tokenomics is not impressive with no mention of team vesting. Show Less
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