Odaily News: Binance will launch Sei (SEI) on August 15th. According to Binance's disclosure, the total supply of SEI tokens is 10,000,000,000 SEI, with an initial circulating supply of 1,800,000,000 SEI (18% of the total token supply).



Aevo recently introduced Pre-Launch token futures, with SEI as the initial token. Aevo Pre-Launch token futures data shows that as of now, traders expect SEI to be traded at a price of $0.26 immediately after its initial launch. If calculated at this price, the market capitalization of SEI will reach $486 million, placing it among the top 100 cryptocurrencies.



According to data tracked by CoinGecko, SEI is currently not available for trading on any cryptocurrency exchange (CoinDesk).



According to previous reports, Aevo, the derivative trading platform under Ribbon Finance, announced the launch of Pre-Launch token futures to provide perpetual contract trading services for upcoming tokens. This product has no index price or funding rate, but once the token is listed on the spot market, it will immediately start referencing the index price and enforce the funding rate.



Aevo stated that due to the experimental and high-risk nature of this product, strict position limits and open interest limits will be enforced in these markets, and SEI will be the initial token to be listed.