SEDA Protocol
$0.0169
-1.3%(24h)Today
-1.3%
30 Days
-16.4%
Price Change (24h)
-$0.000229
Price of SEDA Protocol Today
The live price of SEDA Protocol is $0.0169 per SEDA/USD, -1.34% in the last 24 hours. It has a market cap of $16.63M and $460.67K in trading volume over the same period. Prices are averaged across every exchange we track and update continuously. SEDA has a circulating supply of 747.57M.
Current price
$0.016924h high
$0.017324h low
$0.016524h
-1.34%7d
-4.31%30d change
-16.44%SEDA Market Stats
Rank
#928
By market cap
Market Cap
$16.63M
Estimated from supply
24h Volume
$460.67K
Across 1 exchanges
FDV
$17.25M
If all tokens were issued
Circulating Supply
747.57M SEDA
Total Supply
1.02B SEDA
Max Supply
—
No fixed cap
Listed on
1 exchanges
Website & Community
Website
Categories
Smart Contract PlatformOracleEthereum EcosystemBase EcosystemModular BlockchainOsmosis Ecosystem
Where to buy SEDA Protocol
SEDA Protocol is available on 1 exchanges. Prices shown are live.
| Exchange | Pair | Volume | Trade |
|---|---|---|---|
| MEXC | SEDAUSDT | $689.05K | Buy SEDA on MEXC |
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What is SEDA Protocol?
SEDA Protocol is a multichain, permissionless system designed to bring real-world information onto blockchain networks. It functions as a data transmission layer, enabling developers to create and deploy data feeds without needing special permission. The protocol aims to make off-chain data accessible from various blockchain ecosystems, supporting the growth of decentralized applications.
The system is built on several core components: the SEDA Chain, an Overlay Network, Solvers, and Data Providers. The SEDA Chain acts as the primary blockchain layer for secure data transfer, while the Overlay Network manages data routing across different chains. Solvers handle the processing and validation of data requests, and Data Providers supply the actual off-chain information. This structure is intended to offer a scalable and secure method for smart contracts to access external data.
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Security and decentralization are addressed through cryptographic methods, game theory, and economic incentives. These mechanisms are designed to encourage honest participation and remove the need for a central authority. The protocol also supports custom data feeds, particularly for price information, which can be configured by different blockchains. The team behind the project has experience in both technology and business, contributing to its development within the cryptocurrency sector.