Catalyst to Deploy on Sei to Access Future-Proof Cross-Chain Liquidity
We are pleased to announce that Catalyst, the permissionless cross-chain liquidity layer, plans to deploy on Sei, the fastest Layer 1 blockchain. This deployment showcases a strategic commitment for Catalyst to bring comprehensive cross-chain liquidity to Sei's robust, high-speed infrastructure. The two teams have a shared vision of a seamlessly interconnected, borderless web3 ecosystem.
Sei is a general-purpose Layer 1 blockchain, explicitly designed to facilitate the exchange of digital assets. Renowned for its speed, Sei outpaces other blockchains in the industry due to its novel consensus mechanism and innovative technical breakthroughs. Its unique chain-level optimizations enable decentralized exchanges and various trading applications in NFTs, gaming, and DeFi to provide an unrivaled user experience.
The introduction of Catalyst to the Sei ecosystem is poised to deliver substantial value. Catalyst's innovative “unit of liquidity” mechanism allows chains to automatically connect to any other chain in the Catalyst network – with plans to service Cosmos and expand into Ethereum. The integration with Sei will allow Sei users and developers to access liquidity in any other chain, thus augmenting the liquidity available for digital asset exchanges.
The distinction between Catalyst and other interoperability solutions in the crypto space lies in its fundamentally transformative approach. Rather than merely bridging assets, Catalyst’s “unit of liquidity” allows for the swapping of native assets on each respective chain. Moreover, as opposed to manually configured deployments into new chains, Catalyst is designed for a future of chain proliferation, connecting to new chains automatically and positioning it as a uniquely future-proof solution in the crypto landscape.
Together, Sei and Catalyst will enable permissionless cross-chain liquidity between the Sei ecosystem and any other crypto networks, existing or new. Users from other ecosystems can seamlessly explore the lightning fast trading capabilities of Sei, bringing more liquidity into its ecosystem. Catalyst grants Sei developers the ability to move value and connect to applications from any other Catalyst-enabled chain.
We are convinced that this partnership with Sei will herald a new era of open, inclusive, and seamlessly interconnected web3 ecosystems. Together, we intend to empower developers and users alike to explore, transact, and prosper without borders, marking the commencement of a new epoch of limitless economic trade and opportunities.
About Catalyst
Catalyst is permissionless liquidity for millions of chains. Catalyst’s mission is to enable seamless, scalable, and secure liquidity that empower users to access any application on any chain. Any new modular chain can use Catalyst to permissionlessly connect liquidity and swap with hubs like Ethereum and Cosmos.
About Sei
Sei is the fastest Layer 1 blockchain. Sei’s unique chain-level optimizations enable decentralized exchanges and trading apps in NFTs, gaming and DeFi to offer the best user experience. There are 150+ teams deploying on Sei going into mainnet from Ethereum, zkSync, Solana, Avax, Polygon, and Sui. The team is former Google, Goldman Sachs, Robinhood, Nvidia, and Databricks veterans, and Sei has raised over $30M from investors including Multicoin, Jump, Coinbase Ventures, Flow Traders, Hudson River Trading and leaders at Anchorage, LayerZero, and StepN.