Validators process transactions and receive fees from users (supply-side fees).

Sei is a Layer 1 blockchain built for fast, low-cost financial transactions. It combines the security and reliability of Ethereum with the high performance of Solana. To date, Sei has processed billions of transactions across more than 90 million wallets. The project is backed by leading investors, including Multicoin Capital, Jump, Coinbase Ventures, and Circle Ventures. Token Terminal exclusively tracks Sei EVM data.

SEI holders own and govern the protocol. They currently do not take a cut of the transaction fees paid by users (revenue). Sei's investors include Multicoin Capital, Coinbase, etc.

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Blockchains (L1)

Sei Network

# Sei Network Transactions per second Methodology

## 1. Overview

Transactions per second is defined as the average number of confirmed user transactions added to the blockchain each second. This metric reflects the network’s real-time throughput and execution demand, specifically within the Sei EVM environment. It serves as a primary indicator of the blockchain's operational activity and capacity.

## 2. Data sources

- **Blockchain events**: Confirmed transaction records from Sei EVM, covering Sei Network

## 3. Step-by-step calculation

### Component A: Sei EVM transaction aggregation

- **Purpose**: Calculate the total daily volume of transactions processed by the network
- **Logic**: Unique transactions are identified using the `transaction_hash` from Sei EVM transaction records. These records are aggregated into 24-hour intervals by truncating the `block_timestamp` to the day level. A distinct count of transaction hashes is then performed for each daily period.
- **Key fields**: `block_timestamp` (timing), `transaction_hash` (uniqueness)

### Component B: Throughput calculation

- **Purpose**: Convert daily transaction volumes into a per-second average
- **Logic**: The total count of daily transactions is divided by the number of seconds in a standard day (86,400). This calculation yields the average number of transactions processed per second for the given date.
- **Key fields**: `transaction_count` (daily totals)

### Component C: Final normalization and gap filling

- **Purpose**: Ensure data consistency and time-series integrity
- **Logic**: Calculated values are validated against canonical chain and product identifiers. A fill-zero strategy is applied to ensure that no gaps exist in the daily time series, and data is filtered according to chain availability and freshness parameters.

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Average confirmed user transactions added per second.

Sei NetworkSEI

Transactions per second

Transactions per second

Competitive landscape

Chain breakdown