The largest cryptocurrency exchange Binance plans to add to the listing on August 15 the SEI token, which belongs to the first level blockchain of the SEI Network. According to decentralized exchange Aevo, SEI will be worth 26 cents upon debut.
- The Aevo futures pre-listing market opened on Wednesday with SEI contracts, allowing traders to speculate on the cryptocurrency's potential post-listing price.
- According to Binance, after listing, SEI's circulating supply will be 1.8 billion or 18% of the total supply of 10 billion.
- With an initial price of 26 cents, the cryptocurrency will have a market capitalization of $486 million and will be among the top 100 cryptocurrencies.
- Once listed on Binance, preliminary futures will begin to reference the index price and fund traders to maintain prices in line with the spot market value.