Who We Are, What We Do, Where We’re Going

Dũng Lê
2 min readOct 20, 2022

Who we are

An idealistic team that loves crypto

What We Do

An ultimate exchange onchain, currently being developed on the Aptos & Sui blockchain. Sea protocol leverages the hyper parallelization of Aptos/Sui to bring incredible speed, reliability, and cost-effectiveness to decentralized trading.

  • permissionless
  • No KYC
  • Anti-censorship
  • hybird of order-book and AMM
  • spot market, perp market, forex market, synthetic markets
  • with limit order, market order, post-only order suport
  • with IOC, FOK order support
  • grid order
  • trading is mining. we will incentivize both traders and LPs
  • trade any asset, anywhere, anytime
  • market infrastructure

Where We’re Going

Currently, we are still under heavy development.

We will focus on the APTOS chain in the short term. The process is following:

  • Contract. The contract part is almost done, we need more tests;
  • SDK. The typescript/javascript SDK is on the way, maybe released next week;
  • UI/UX part is in design.

We hope we can launch the first usable version next month.

evolving

the long term, we will be an appchain. why?

  • place orders, and cancel orders with 0 gas is very important for perpetual market, 0 gas is not possible in L1s;
  • Aptos/Sui is fast, but not fast enough. We need more than 10,000 TPS for trading in many markets, including spot, perpetual, forex, and synthetic markets
  • sovereignty. With sovereignty, our token can get more value.

Follow us on twitter: https://twitter.com/sea_protocol

Join us on discord: https://discord.gg/fuEkecabwS

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