According to official sources, Sei Network DeFi leader Larry delivered a keynote speech "The Fastest Parallelized EVM Layer 1" at the "OKX Web3 Night" event. Larry stated that Sei is committed to expanding the Ethereum Virtual Machine (EVM) with the goal of achieving a throughput of 5 billion gas per second. Through parallel execution, fast consensus, and optimized storage, Sei has created the highest performance EVM in history. In the future, the EVM will be rebuilt from scratch, focusing on 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 Network's TVL has grown by 85% in the past month, ranking first among all public chains. It is worth noting that several high-growth projects have emerged in the Sei ecosystem, such as Yei Finance, Sailor Finance, Silo, etc. Among them, the leading DeFi protocol Yei Finance is leveraging Sei's high-performance public chain characteristics to create a full-chain liquidity market, integrating multi-chain lending and trading, providing users with a user experience comparable to CEX on the chain.