Sei is an L1 chain built with one purpose: to become the chain for new decentralized exchanges (DEXs) across DeFi, NFTs and gaming. It is built with the Cosmos SDK, allowing it to be sector-specific and focused on trading. However, unlike the app-specific blockchains (like dYdX or Osmosis) of the Cosmos ecosystem that build a blockchain for only one application, Sei is a blockchain for many applications that are all within a sector — DEX applications. It aims to achieve its ambitious goals with improvements in three main areas: performance, security, and interoperability.

Sei promises lightning-fast transaction finality of 600ms. This would put Sei on par or competing with centralized exchanges (CEXs) in terms of executing orders, and better than current DEXs in the market. The fast throughput of the blockchain is also vital to its native order matching engine model that is to replace the traditional AMM trading model.

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In this dashboard, we will compare Sei with three different L1 chains: Axelar, Near, and Flow. We will analyze two different aspects: chain performance and native token's price behavior.

In chain performance, we will track the following metrics:

• TPS (transactions per second)
• Transaction success rate
• Block generation performance
• Fees and transaction cost
• $USDC transfers
• Native token staking activities

In price behavior, we will compare the growth or loss of each chain's native token.

Related Tweet: https://twitter.com/h355i/status/1701959709131940144