Sei partners, what you need to know about them!

With great pleasure, we announce our partnerships with Sei — the fastest DeFi layer 1 blockchain, “optimized to give DeFi apps an unfair advantage, enabling entirely new financial products”.

Designed from bottom-up to scale with the needs of DeFi, our latest partner protocol optimizes:
1. A built-in order matching engine aims to solve the scaling issue that orderbook applications deal with.
2. Frontrunning Protection.
3. Speed (Sei is the fastest chain to finality at ~600ms)
Due to all these and more, SYNTH Protocol will be deploying on Sei for its Cosmos expansion, & having it serve as a hub for all syAssets moving across IBC chains.
We’re also excited to announce that SYNTH has received Sei’s Dev Resources grant; this will be used by the protocol to port our EVM-compatible codebase to Rust.

Sei, the fastest DeFi Layer 1 is partnering with Axelar to enable cross-chain messaging between DeFi on Cosmos and EVM chains. Axelar is the premier cross-chain infrastructure provider, and this partnership will open up novel possibilities for bridging, messaging, and execution across chains, programming languages, and virtual machines.

One of the core bottlenecks for DeFi scalability is liquidity fragmentation across multiple ecosystems. Billions of dollars worth of crypto assets are locked, wrapped, minted, and burned each day, forcing every chain to compete for TVL in a zero-sum game. Inevitably, the success of DeFi protocols and their underlying chains are highly correlated.

This partnership seeks to solve the issue of liquidity fragmentation by enabling interoperability and shared liquidity across IBC and EVM chains. At a high level, Sei expects to observe the following effects:

Users will no longer be limited to interfacing with the “local” protocols (protocols built on the same chain as their wallets) and will not need to deal with the hassle of bridging to use “foreign” protocols (protocols on separate chains).
Developers will be able to query data and utilize logic/smart contracts from other chains.
Ecosystems will be able to attract and interact with liquidity from “foreign chains” through back-end integrations.

Sei, the fastest DeFi Layer 1 and fastest chain to finality, is partnering with KYVE, a decentralized data lake solution that enables anyone to upload and or access validated and permanently stored data in a streamlined manner.

TL;DR

Like other ultra-fast chains, Sei will produce a lot of on-chain data. KYVE, a Cosmos-SDK chain built with Ignite CLI, will help Sei store and scale that data in a decentralized manner, which will later allow for secure and efficient querying, ordering, counting, and access to that data.

KYVE nodes will fetch the publicly available data generated on the Sei blockchain and upload that data onto Arweave for permanent archival. KYVE’s validator nodes validate the uploaded data, ensuring that trustless stored information is immutable, validated, and easily retrievable for all Sei users and developers.

Sei, the fastest DeFi Layer 1 and fastest chain to finality, is partnering with White Whale to provide tooling and infrastructure for on-chain arbitrage. 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.

White Whale’s mission is to empower retail users and redistribute market influence from centralized entities to retail communities. This aligns with Sei’s broader mission of promoting the growth and scaling of DeFi through widespread adoption.

Currently, a few key bottlenecks are preventing DeFi from truly scaling in Cosmos. Liquidity is fragmented across L1 blockchains (e.g., Cosmos, Osmosis, Secret, etc) and across their constituent DEXs (e.g., Astroport, Terraswap, Loop, Phoenix). Fragmented liquidity causes poor swap performance (price discrepancies/high slippage) and may even halt entirely when liquidity pools are drained or severely imbalanced. Ultimately, fragmented liquidity hinders performance and user experience.

Leap, the super wallet for Cosmos, will be building on Sei, the fastest layer 1 blockchain, to improve user experience and wallet accessibility on Sei. This pairing will natively integrate Leap Wallet into the Sei ecosystem, giving users more flexibility in managing their assets and interacting with protocols and dapps building on Sei.

The Sei chain 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.

About Leap
Leap is a non-custodial super wallet for Cosmos chains that allows users easy access to dApps, staking, DeFi, NFTs, social & more from one easy-to-use browser extension (and mobile apps that are coming soon). Meaning, that you can send, swap, stake, and vote on governance proposals in the simplest & safest way. You can also connect your Ledger with Leap for added security. Install & witness the power of the super wallet on Cosmos.