Market Infrastructure Grid: Data and Transparency
Markets are built on information. Prices, orders, liquidity, and volume are the signals through which markets discover value.
But information has a shelf life. In batch-processed markets, stale prices create arbitrage. Delayed settlement locks capital. Lagging analytics obscure risk until it's already materialized.
In real-time execution environments like Sei, information becomes operationally useful and advantageous — enabling continuous repricing, uninterrupted settlement, and faster risk adjustment across global participants.
The Data & Transparency System of the Market Infrastructure Grid underpins this. Real-time markets require a continuous information surface. By treating information as infrastructure, three layers work in concert:
Market Data & Oracles: execution-synchronous pricing
Chain Observability: transaction-level auditability at scale
Market Intelligence: interpretable signals from raw activity
Without all three, speed alone does not translate into enterprise-ready market infrastructure. Together, they make high-velocity markets legible.
On Sei, this information surface is institutionalized as core market infrastructure. Market-leading oracle, analytics, and observability providers operate alongside parallelized execution on shared, high-performance rails. This keeps markets intelligible and decision-ready, even as activity scales to global levels.
For enterprises and institutions coming onchain, this offers a distinct advantage: informed access to continuous markets with full visibility into prices, transactions, and capital flows. Institutions can deploy markets, settlement flows, and financial products on Sei with real-time intelligence available by default.
System Composition
Market Data & Oracle Infrastructure
Real-time markets depend on execution-synchronous pricing. In environments where markets reprice and settle without pause, price discovery must operate at the same speed as execution itself.
On Sei, this is achieved through a layered oracle stack designed to support institutional-grade pricing across different market types and risk profiles.
As the preferred oracle infrastructure of the Sei Ecosystem, Chainlink Data Streams deliver sub-second price updates across 300+ assets and official U.S. macroeconomic data (including GDP and PCE) directly into the execution environment. This anchors institutional DeFi and RWA markets on Sei to the same high-integrity reference data used across traditional global exchanges — aligning onchain execution with offchain market standards.
Operating at a cadence aligned with Sei’s sub-400ms finality, Pyth provides millisecond-level price updates sourced from first-party institutional publishers. This supports high-frequency trading, lending, and derivatives markets where continuous repricing is essential to maintaining tight spreads and efficient risk management.
Delivers pricing through a data-on-demand model, supplying signed data packages precisely at execution time. This enables flexible, high-frequency pricing for specialized instruments — including exotic derivatives and enterprise-scale settlement logic without introducing execution overhead.
Together, these providers anchor continuous price discovery on Sei, supporting pricing that remains credible, responsive, and scalable.
Chain Transparency & Observability
In continuously operating markets, observability is an operational requirement — enterprises must be able to inspect, reconcile, and audit activity as execution occurs. On Sei, this is delivered through Seiscan.
Seiscan (Powered by Etherscan)
Seiscan brings the industry’s most trusted block exploration standard to Sei’s execution environment. Even at extreme throughput — including post-Giga performance exceeding 200k TPS — every transaction remains human-readable, searchable, and audit-ready at the moment of finality.
For enterprises, this means compliance and reconciliation workflows operate continuously, not retroactively. Investigations happen in real time. Audit trails exist at the moment of execution, not days later. By anchoring high-velocity execution in a familiar, enterprise-grade interface, Seiscan ensures transparency scales in lockstep with performance.
Market Intelligence & Analytics
Execution and pricing are only part of the picture. Execution data tells you what happened. Market intelligence tells you why it matters. Enterprises require actionable interpretation — the ability to understand market behavior, capital movement, and participant activity as it unfolds.
On Sei, market intelligence is driven by integrations with Artemis, Nansen, and Dune, transforming high-velocity execution into intelligible signals.
Artemis and Nansen form the market interpretation layer on Sei. Artemis provides live, network-level visibility into user activity and capital flows, while Nansen adds participant-level context through wallet labeling — providing the entity-level context required to distinguish between smart money flows and systemic activity.
Dune provides transparent, SQL-based access to Sei’s onchain data, enabling analysts and operators to build live dashboards directly from raw execution. This makes Sei’s high-performance environment legible through continuously updated, decision-ready market intelligence.
Together, these platforms ensure Sei’s markets remain measurable, interpretable, and actionable at enterprise scale — a requirement for any institution managing risk in real time.
Why This System Matters: The Sei Advantage
Sei’s advantage is the ability to host real-time markets that reprice, settle, and operate continuously and atomically at a global scale.
The Data & Transparency System secures that advantage by pairing parallelized execution with institutional-grade pricing, observability, and market intelligence. Data and execution operate in lockstep, anchoring Sei’s sub-second speed in the credibility institutions require.
The Role of Data & Transparency in the Grid
Within the Market Infrastructure Grid, the Data & Transparency System serves as the information backbone of markets on Sei.
It brings pricing, execution, and interpretation into a synchronized operating surface as activity scales, allowing markets to operate continuously without sacrificing intelligibility, accountability, or trust.
With these foundations in place, enterprises and institutions can explore real-time markets as an operational model — enabling continuous execution, faster capital response, and global reach at scale.
Sei is infrastructure for modern markets. The Grid is how enterprises plug in.
