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Sei EVM Goes Live on Coinbase for SEI Transfers

Coinbase now routes SEI token transfers through Sei EVM (Ethereum-compatible execution environment), according to the announcement.

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SEI

Summary

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Terms & Concepts
  • Sei EVM: An Ethereum-compatible execution environment that lets developers and users interact with applications and assets using EVM-based tooling.
  • EVM: Ethereum Virtual Machine, the standard software environment that runs smart contracts (self-executing blockchain code) on Ethereum-compatible networks.
  • SEI: The native token of the Sei blockchain, used within its network ecosystem for transactions and related functions.