Elen Musk 🌹 retweeted
With hundreds of tokenised stocks about to hit its blockchain rails, @SeiNetwork's traction has never looked better. Here's how the scalable L1 is connecting TradFi with crypto... ⬇️ bsc.news/post/wall-street-pr…
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Elen Musk 🌹 retweeted
🚨 $SEI STABLECOINS ARE UP 570% IN ONE WEEK Yes, 570%. Stablecoin market cap on $SEI has surged to roughly $307 MILLION in just seven days. And around $275M in real-world assets are now active on the network. This is not normal growth. Something serious is happening with liquidity on $SEI.
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Elen Musk 🌹 retweeted
BREAKING: : $259M OF ONDO'S USDY NOW ON SEI Sei reports $259M of Ondo's Treasury-backed USDY on its network. $SEI
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Elen Musk 🌹 retweeted
Sei Labs has contributed to a major breakthrough in encrypted mempool research. This research benefits the entire blockchain sector. Today, high-performance encrypted mempools are not viable for high-performance chains like Giga. With this research, one day they might be.
One RSA group element can decrypt a batch of encrypted transactions of any size, keeping ciphertexts excluded from the batch private. Introducing a breakthrough new research paper, relevant for all builders working on encrypted mempools.
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Elen Musk 🌹 retweeted
Sei Hermes Ahead of Giga: What the 68ms Result Actually Means Sei Labs (@Sei_Labs) released laboratory results for Hermes, the consensus protocol Sei Labs plans to deploy on @SeiNetwork's upcoming Sei Giga upgrade. The key metric is 68 ms of median finality at 100,000 tx/s. The 68 ms is a lab result, not current mainnet performance. But it is the clearest we've had to date on how Sei envisions Giga performing with a fast leader and without one. So let's look at what that means, and what it doesn't mean. (1) What Hermes is Hermes is a partially synchronous consensus algorithm designed for Sei Giga. It keeps the speed of the most efficient leader-based consensus algorithms but adds a fallback that prevents finalization from being blocked if the leader is slow or unavailable. It builds on Autobahn, the data availability layer specified for Giga. Autobahn distributes transaction data across lanes per validator, and Hermes orders it by finalizing a common history of lane tips. (2) The Numbers... Under the no-fault test, Sei Labs processed 51 validators across four regions with a stable load of 100,000 transactions per second. The median finality was 68 ms. 95th percentile was 101 ms. In the same test run, Hermes overlapped Minimmit from the 1st to the 99th percentile. (3) The number that actually counts counts Sei Labs stalled three successive leaders and measured their tail latency: - Hermes: median 104ms, p95 206ms - Minimmit: median 125ms, p95 365ms - Autobahn: median 141ms, p95 386ms - Ambulance: median 241ms, p95 664ms Hermes reduced p95 by 44% vs. Minimmit, 47% vs. Autobahn, and 69% vs. Ambulance. Hermes' own p95 increased by 2.2x from the baseline. Other protocols' p95 increased by 3.5x to 5.8x. (4) Where this sits on the Giga Roadmap The Giga whitepaper for June 2026 reports more than 5 gigagas per second and sub-250ms ordering finality on an internal devnet of 40 nodes spread out across 20 regions. The 200,000 TPS goal for the public testnet associated with Autobahn is 400 ms finality. Giga is intended as in-place updates to the running Sei chain, not a separate network. Hermes is the next level of consensus after that. The 68ms figure, if it has survived widespread implementation, is contained within the sub-250ms ordering target. (5) What the test doesn’t reveal The fast run consisted of four European geographic areas, not a globally distributed validator set. Sei Labs performed the fault tolerance analysis on committees designed to tolerate three faults, not as a statement about the current mainnet validator geographic distribution. Mainnet performance will also rely on execution, storage, and network as well as consensus capabilities. Finality of ordering is different than a user getting a state receipt. Thus, the proper context here is limited. Hermes is Sei’s solution to maintaining the two-delay fast path and preventing a slow leader from exploding the tail. In the lab, this worked as expected: 68 ms median, 101 ms p95 when all leaders were healthy, and 206 ms p95 when three were faulty. Will this pattern survive in the Giga public testnet?
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Elen Musk 🌹 retweeted
One RSA group element can decrypt a batch of encrypted transactions of any size, keeping ciphertexts excluded from the batch private. Introducing a breakthrough new research paper, relevant for all builders working on encrypted mempools.
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Elen Musk 🌹 retweeted
"The ultimate trading blockchain" you say?
Last week Sei Labs unveiled Hermes: the fastest consensus protocol ever published. I want to explain why that's so important. We're designing Sei Giga to be the ultimate trading blockchain. This meant seriously asking: what makes a blockchain good for trading? Among the most critical elements are finality and jitter. Finality is already well understood. It's the time before you can guarantee that completed transactions cannot be altered, reversed, or canceled once they are recorded. In a blockchain context you can think of jitter as the variance in block time. The median block time might be 250ms, but most legacy chains have huge jitter, where 5% of blocks can take much, much longer. This has huge costs for market makers and traders, who can only take on the slowest block times as risk. Hermes is revolutionary in that: 1. In good cases, Hermes latency is as fast as physically possible with today's internet technology 2. It utilizes a breakthrough timeout design so that it stays fast even when block leaders fail, keeping jitter extremely low Hermes will go live on a future version of Sei Giga, eventually replacing Autobahn.
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Elen Musk 🌹 retweeted
Monaco is coming. Mainnet is coming. Are you ready for it?
Saphyre
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Elen Musk 🌹 retweeted
Replying to @Saphyre_xyz
Saphyre perps are powered by Monaco.
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Elen Musk 🌹 retweeted
Privacy on Sei is coming through Sedna — a private transaction layer built for trading. With Sedna transactions on Sei will stay private until finality, preventing frontrunning, backrunning, and sandwich attacks. Privacy built for a better trading experience at every size.
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Elen Musk 🌹 retweeted
Last week Sei Labs unveiled Hermes: the fastest consensus protocol ever published. I want to explain why that's so important. We're designing Sei Giga to be the ultimate trading blockchain. This meant seriously asking: what makes a blockchain good for trading? Among the most critical elements are finality and jitter. Finality is already well understood. It's the time before you can guarantee that completed transactions cannot be altered, reversed, or canceled once they are recorded. In a blockchain context you can think of jitter as the variance in block time. The median block time might be 250ms, but most legacy chains have huge jitter, where 5% of blocks can take much, much longer. This has huge costs for market makers and traders, who can only take on the slowest block times as risk. Hermes is revolutionary in that: 1. In good cases, Hermes latency is as fast as physically possible with today's internet technology 2. It utilizes a breakthrough timeout design so that it stays fast even when block leaders fail, keeping jitter extremely low Hermes will go live on a future version of Sei Giga, eventually replacing Autobahn.
Introducing Hermes. The fastest consensus protocol ever published. Designed for Sei Giga, Hermes is intended to provide lower latency and jitter than any blockchain today can provide. With Hermes, Giga will be ultimate onchain trading experience.
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Elen Musk 🌹 retweeted
Saphyre perps are powered by @MonacoTrading Crypto, equities, commodities and FX. Your trades will be earning you more than Saphyre points. Frontier markets, mainnet this Uptober.
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Elen Musk 🌹 retweeted
Replying to @MonacoTrading
👀 👀 👀
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Elen Musk 🌹 retweeted
Dinari's dShares™ are stocks. Live on @SeiNetwork soon.
dShares by @DinariGlobal. Coming soon to Sei.
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Elen Musk 🌹 retweeted
Onchain trading used to mean worse liquidity. Built on @SeiNetwork, built for trading.
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Elen Musk 🌹 retweeted
700+ tokenized stocks are coming to @SeiNetwork via @DinariGlobal, including the entire S&P 500. Tokenized stocks are one of the most important innovations in finance this decade. @SeiNetwork will be at the forefront of this.
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Elen Musk 🌹 retweeted
💳 $SEI AND MASTERCARD ARE STUDYING INSTITUTIONAL BLOCKCHAIN ADOPTION Mastercard and the Sei Development Foundation published joint research based on more than 40 expert interviews. The report examines what banks and asset managers actually require before deploying blockchain infrastructure. Speed matters, but reliability, compliance and operational maturity are just as important. $SEI is participating in the institutional blockchain conversation.
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Elen Musk 🌹 retweeted
SEI just caught my attention. The token has jumped around 17% today and is now up more than 50% over the past week. There’s a lot happening behind the move. Canary Capital’s Staked SEI ETF filing has given SEI a new institutional narrative, with the latest amendment proposing to stake around 90% of the fund’s holdings. At the same time, the Sei Giga upgrade is gaining momentum, with recent testing showing extremely fast finality across a large validator set. So there’s more behind this move than just speculation. You’ve got the ETF filing, major network upgrades and renewed interest in the Sei ecosystem all lining up at the same time. SEI is now around $0.084, so $0.10 is the next level I’m watching. After a 50%+ move in a week, I’d expect some profit-taking at some point. The real question is whether SEI can hold onto this momentum once the initial excitement starts to cool off.
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Elen Musk 🌹 retweeted
🚨 $SEI ETF UPDATE REX Shares and Osprey Funds have updated their Staked SEI ETF filing with the SEC, listing October 23 as the proposed effective date. The product would offer spot $SEI exposure alongside staking. Similar filings also cover $NEAR, $HYPE, $SUI and $AVAX. Institutional access to altcoins keeps expanding.
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Elen Musk 🌹 retweeted
More than one in every nine USDY is on Sei. That's $259M of @Ondo's Treasury-backed token.
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