TechFlow News, April 7 — According to official announcements, Larry, Head of DeFi at Sei Network, delivered a keynote speech titled "The Fastest Parallelized EVM Layer 1" at the "OKX Web3 Night" event. Larry stated that Sei is committed to scaling the Ethereum Virtual Machine (EVM), with a goal of achieving 5 billion gas throughput per second. By leveraging parallel execution, fast consensus, and optimized storage, Sei has built the highest-performing EVM in history. In the future, Sei will rebuild the EVM from the ground up, focusing on three core areas: consensus, storage, and execution. The Giga upgrade will further enhance Sei's performance by optimizing the consensus mechanism and increasing network throughput. After the upgrade, Sei's TPS (transactions per second) is expected to double to 10,000 TPS, meeting the demands of enterprise-level large-scale applications.
According to Defillama data, Sei's TVL grew by 85% over the past month, ranking first among all public blockchains. Notably, several high-growth projects have emerged within the Sei ecosystem, including Yei Finance, Sailor Finance, and Silo. Among them, the leading DeFi protocol Yei Finance is leveraging Sei’s high-performance blockchain to build a cross-chain liquidity market, integrating multi-chain lending and trading to deliver a user experience comparable to centralized exchanges (CEX) for on-chain users.
