Sei Network Larry: Building the fastest parallel EVM Layer 1, TVL soared 85.62% in the past month, exceeding US$400 million."
According to official sources, Larry, head of Sei Network DeFi, delivered the keynote speech "The Fastest Parallelized EVM Layer 1" at the "OKX Web3 Night" event. Larry said that Sei is committed to expanding the Ethereum Virtual Machine (EVM) with a goal of 5 billion gas throughput per second. Through parallel execution, rapid consensus and optimized storage, Seii has created the highest-performing EVM in history. In the future, EVM will be rebuilt from scratch, focusing on three major areas: consensus, storage and execution. The Giga upgrade will further enhance Sei performance by optimizing consensus mechanisms and improving network throughput. After the upgrade, Sei's TPS (transaction volume per second) is expected to double to 10,000 TPS, meeting enterprise-level large-scale application needs. According to Defillama data, Sei-Network's TVL increased by 85% in the past month, ranking first among all public chains. It is worth noting that many high-growth projects have emerged in the Sei ecosystem, such as Yei Finance, Sailor Finance, Silo, etc. Among them, the head DeFi protocol Yei Finance is relying on Sei's high-performance public chain characteristics to create a full-chain liquidity market and integrate multi-chain lending and transactions, bringing users on the chain a user experience comparable to CEX.
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