Yesterday· 13 JulRelease

Monaco Trading Testnet

High7.5

◆ Description

Monaco, Sei's unified trading network for spot, perps, prediction markets, and tokenized real-world assets, goes live on public testnet.

◆ Why it matters

Sei's Monaco testnet marks the first public demonstration of a unified trading layer spanning spot, perps, prediction markets, and tokenized real-world assets, directly addressing the network's core value proposition. The concrete go-live date and broad product scope signal genuine progress toward Sei becoming a multi-venue trading hub, though the economic impact remains prospective until mainnet and real liquidity arrive. Traders should treat this as a meaningful product milestone that partially re-rates Sei's positioning, with the larger re-rate still ahead at mainnet launch.