February 5, 2023

Protocols building on #Sei

Vortex

#Vortex Protocol is a decentralized derivatives exchange in Cosmos, offering many of the same features that centralized exchanges provide (borrow lending, cross-collateral, and cross-margining) with even cleaner UX.

Vortex’s main features include:

Perpetual Futures: #Vortex offers deep liquidity for perpetual futures markets with up to 10x leverage on select markets

Decentralized Orderbook: #Vortex leverages Sei orderbook infrastructure, providing traders with the ultimate DeFi trading experience.

Cross-Collateral: Users can deposit multiple supported tokens as collateral for their positions, saving on swap fees.

Cross-Margin: Leverage is supported across all positions under a single trading account, allowing for maximum capital efficiency

IBC interoperability: Vortex is built to unite the Cosmos ecosystem with a central trading hub.

Utilizing Sei infrastructure, Vortex has low fees, MEV protection, and instant transactions.

Pharaoh

#Pharaoh is a DeFi protocol powered by smart contracts on Sei that enables the creation of synthetic assets. #Synthetic assets use price oracles to track the market prices of real-world assets in order to give traders unrestricted access to price exposure without the burdens of owning or transacting real assets.

Axelar Network

#Axelar is providing bridging services and acting as an interoperability layer for #Sei.

This partnership will enable cross-chain messaging between IBC and EVM chains, and cross-chain vaults for structured product protocols that will allow users to deposit assets into vault protocols and access unique strategies on any Axelar-partnered chain. dApps building on #Sei will be able to securely query the prices and market conditions of various cross-chain assets and asset classes (cross-chain synthetics).

Synthr

#Synthr is a synthetic assets protocol that allows users to gain exposure to virtual and real-world assets without owning them. This will democratize access to “foreign” assets from other chains as well as assets from the traditional finance world. Synthr will offer minting Synthetic Assets, trading syAssets, SynthVault Yield Optimizers, Social trading, and stability pools. Partnering with Synthr to bring synthetic stocks, bonds, and derivatives to Cosmos.

KYVE

#KYVE is a decentralized data lake solution that enables anyone to upload and or access validated and permanently stored data in a streamlined manner. This partnership will enable #Sei to have a scalable data lake that allows for secure and efficient querying and access to raw data while making it available on demand. Other opportunities involve immutability and data availability.

White Whale

#White Whale’s mission is to empower retail users and redistribute market influence from centralized entities to retail communities. White Whale aims to defragment liquidity in Cosmos by establishing cross-chain liquidity pools to encourage arbitrage with local DEXs, such as Vortex on Sei. White Whale’s liquidity pools will function as bot-focused AMMs, allowing their open-source trading bots to arbitrage with local #DEXs.

Leap Wallet

#Leap is a cosmos-native crypto wallet, specialized for IBC chains that will be natively integrated with #Leap. This integration with significantly simplify the wallet set-up process for new users on Sei. Users will no longer be required to manually add wallet extensions to interact with the Sei chain, instead, users will simply select Sei from Leap’s list of available chains. Leap will be deploying their wallet on the Seinami Incentivized Testnet, giving participants a new tool to complete testnet missions and help to secure the network. This integration aims to simplify asset management on #Sei and across #Cosmos.

UXD

#UXD is a fully collateralized decentralized stablecoin backed by a delta-neutral position using derivatives. This is not only the first #Solana protocol to deploy on Cosmos but also the first #Cosmos-native stablecoin integration. This integration is a pivotal step for both UXD and Sei and will unlock many opportunities for DeFi in Cosmos.

DeFund

#DeFund is a cross-chain Decentralized Exchange Traded Fund Protocol (DETF) built with the #Cosmos SDK allowing users to build diversified, autonomous funds and swap their fund tokens cross-chain, natively, utilizing IBC. This partnership enables Dapps built on #Sei to create advanced financial instruments and trading strategies, such as dETFs.

Multichain

#Multichain is the ultimate Router for web3. It is an infrastructure developed for arbitrary cross-chain interactions that will provide interoperability infrastructure for Sei. This partnership will enable users on #Sei to transfer assets or to call smart contracts via cross-chain messaging. Plugging into Multichain’s growing network of 65 chains will provide #Sei with access to thriving communities across web3.

Skip

#Skip is the first-ever MEV marketplace that recaptures MEV for users without harming the user experience. Skip is building MEV capture mechanisms that redistribute “good” MEV to validators and stakers, while also preventing our traders from “bad” MEV attacks such as sandwiching or frontrunning. This integration represents a crucial step for Sei in aligning the incentives for validators, traders, and stakers.

Kado

#Kado is a web3 payment infrastructure provider, building fiat-to-crypto solutions for seamlessly transferring assets between web2 and web3. Kado aims to solve the two key obstacles preventing mainstream crypto adoption — access and utility. As Kado aims to meet users where they are on their web3 user journey, they make it super easy for Sei dApps to integrate the Kado flow directly on their front end. This integration will lay the foundations for retail adoption while providing utility for Sei’s ecosystem, users, and builders alike.

Frontier

#Frontier is a multi-chain, non-custodial #DeFi wallet where you can buy, store, transact, swap, and invest in tokens and NFTs. With the addition of #Sei into #Frontier Wallet, Sei dApps will gain access to a growing user base who will get to participate with the protocols using a native trading experience via the mobile app and upcoming Chrome browser extension.

Alpha Venture DAO

#Alpha Venture DAO is a renowned Web 3.0 venture builder, currently running the most competitive incubation program called “Alpha Incubate Batch 2”. Alpha Incubate Batch 2 is a 12-week #DeFi-focused program that provides guidance, resources, and support to innovative startups. In this program, projects will have the opportunity to get personalized mentorship from Sei and tap into a community of industry experts that will help them raise funds from top-tier investors hand-selected by Alpha Venture DAO after the Demo Day. Moreover, startups will also be fast-tracked to be considered for grants from #Sei, receive marketing support, and many more perks that builders can leverage.

Coin98

#Coin98 is the #1 crypto super app designed to seamlessly connect a billion users to the crypto world safely and securely. #Coin98 integrates #Sei into the latest version, bringing users to the fast and next-generation blockchain designed for exchanges. From now on, users can create a #Sei wallet and join the Testnet program to explore the new DeFi design space. Along with the blockchain integration, Sei is now available on #Coin98's dApp Browser.

Nitro

#Nitro is the first Layer 2 scaling solution for Solana, serving as the gateway between Solana and Cosmos. #Nitro is the first #Solana VM chain, built on Cosmos as an optimistic rollup that features Sealevel Virtual Machine (SVM) compatibility. This enables developers to easily launch their #Solana dApps on #Cosmos and access IBC assets. Apps built on #Nitro can leverage the powerful Solana VM while gaining interoperability that is native to IBC.

Cypher

#Cypher is a comprehensive decentralized trading platform and margining engine. Offering the trading experience of a centralized exchange on-chain, #Cypher enables users to trade spot, futures, perps, options markets, and more from an isolated or cross-margined account. #Cypher is building the most powerful #DEX capable of handling complex portfolios and trading strategies, maximizing capital efficiency on-chain.

Kargo

#Kargo is building the first Layer 1.5 on #Sei. Its base layer contracts will serve as modular infrastructure unlocking prediction markets globally. Current prediction markets are focused on large-scale/global events (ie. Who will win the World Cup? or Who will be the next POTUS?) however they fail to capture audiences for smaller events and communities, and the contextual nuances around them.

Andromeda Protocol

#Andromeda is an application platform layer that connects all public blockchains in the Cosmos ecosystem. Through our vast library of no-code smart contracts, users can harness the power of web3.

Paddle

Move Virtual Machine (#MVM) rollup for #Cosmos. Paddle will provide a sandbox environment for the deployment of smart contracts written in Move. This unlocks all of Move's benefits on a sovereign, public rollup, interoperable with IBC chains

Celer

#Celer is a blockchain interoperability protocol enabling a one-click user experience accessing tokens, DeFi, GameFi, NFTs, governance, and more across multiple chains. Developers can build inter-chain-native dApps using the #Celer Inter-chain Message SDK to gain access to efficient liquidity utilization, coherent application logic, and shared states.

90+ more to be announced as Sei approaches mainnet.

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