A recently launched layer 1 blockchain, Sei Networks has seen massive traction within a day following its token’s listing on major crypto exchanges and has recorded 24 Hours Trading Volume of over 1 Trillion KRW or $868 Million on Upbit alone.
According to the data from CoinGecko, SEI has a trading volume of $1.32 billion, from which more than 51% is contributed by Korean crypto exchange Upbit.
The trading pair SEI/KRW is responsible for adding $868 million or approximately 1.16 trillion KRW of trading volume in the last 24 hours.
With this, SEI has also become the most tradable crypto asset across more than 300 asset markets on Upbit exchange. The pair currently represents 34% total volume on the Korean exchange.
Sei Network is a layer 1 blockchain network which launched its mainnet yesterday on 15th August. Its native token SEI got listed on major exchanges including Binance, Bitfinex, Huobi and Upbit.