what's SEDA Protocol?
SEDA Protocol is a modular data layer designed to enable blockchains to configure and interact with custom data feeds, particularly for price data, RPC data, or any available API endpoint. It functions as a multichain-native data transmission protocol, allowing smart contracts on any network to query real-world or cross-chain data in a permissionless and trustless manner. Built on proof-of-stake security, SEDA utilizes cryptographic primitives for validation, exchange, and relaying of information across networks, supporting applications in DeFi, RWAs, prediction markets, and beyond. The protocol features core products like SEDA Core for decentralized EVM data access and SEDA Fast for low-latency oracle endpoints reaching sub-100 milliseconds. Developers can deploy application-specific oracle programs in seconds, accessing over 11 million institutional-grade feeds for assets including US equities, ETFs, crypto, private equity, forex, and treasuries. SEDA's utility token powers the network, with burns occurring on data requests to ensure economic security and scalability.
SEDA Protocol reports over $100M in Q1 2026 open interest, built a NEAR AI data feed, and burns tokens.
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Secures over $100 million in open interest as of Q1 2026.
Released Q1 2026 report on March 29, 2026.
Built end-to-end data feed for IronClaw by NEAR AI.
Burns SEDA tokens in proportion to the number of data requests processed on the network.
Reached 189 active oracle programs on the network.
Powered $12 billion in perpetual futures trading volume during Q1 2026.
Burned 392,900 SEDA tokens.
Powered $8.46 billion in volume, including $2 billion average weekly volume across 29 live markets.
Burned 1,610,000 SEDA tokens.
Has 27 live markets operational
Achieved $1 billion in 24-hour volume.
Processed $352 million in 24-hour volume for SP500 price feeds and $161 million in 24-hour volume for silver price feeds.
Powers oracle data feeds for EWY/USDT, WTI Oil Markets, and KWEB on Dreamcash; EWY/USDT integrated with Pyth Network, achieved $14M volume on 2026-03-03.
Enables StratiumX to use logic-driven computation for complex payoffs beyond static price feeds.
Achieved monthly volume of $4.74 billion across 11 markets that launched in the three weeks prior to 2026-02-26.
Powered markets across 6 US equity, 2 commodity, and 1 US index 24/7 markets with total volume of $2.38B over a 3-week period.
Processed $602 million in volume across Dreamcash in week 1 of January 2026.
Reached over 10 million transactions processed on the network.
Processed 4.8 million data requests through the oracle network.
SEDA Fast supports 11 million symbols with sub-50 millisecond update speeds and provides 24/7 global market coverage across any asset class.
HIP3 enables global equity FX repricing with TroveMarkets integration.
Listed on Hyperliquid spot market, SEDA/USDC pair.
Offers Injective 24/5 US equities trading using Pyth data feeds integrated through SEDA's Oracle Program with real-world asset (RWA) context.
Launched SEDA Fast and SEDA Core v2.0.
Pre-IPO perpetuals on Injective for SpaceX, OpenAI, and Anthropic generate $1M-$2M in average daily volume.
Three new platforms integrate SEDA Protocol: Injective for pre-IPO perpetuals, OutcomeMarketX for instant outcome resolution, and VDEX for pre-market ticker perpetuals.
TroveMarkets launches with Tokyo Stock Exchange assets including Nintendo and Pop Mart, powered by SEDA Protocol.
HyperliquidX launches 24/7 equities trading with SEDA Protocol and Pyth Network, and SEDA Structured Products.
Launched HyperOdd testnet and deployed data feeds to Tempo testnet.
Compute Index builds GPU perpetuals using SEDA Protocol as the oracle provider, expanding HIP3 perpetuals beyond yield rates to GPU compute markets.
Launches HIP3 perpetuals on yield rates, supporting US3M T-Bill Yield Perpetuals and VXX Volatility Index Perpetuals markets.
Anthropic pre-IPO markets go live on Helix Markets (Injective chain), powered by SEDA Protocol.
Records $4.2M in 24-hour pre-IPO perps volume and launches SDK enabling developer integration with Polymarket/Kalshi flows, reducing data latency by 40%.
SEDA token becomes available for trading on Alien Base DEX with advanced order types including Limit, Range, and Recurring Orders via Carbon DeFi integration on Base chain.
Integration with Polyrouter launches, providing developers unified API access to seven prediction markets including five new platforms: Limitless, Manifold Markets, ProphetX, Novig, and SX_Bet.
SEDA Protocol ranks #3 in top tokens traded on Definitive last week by transaction count. A dashboard demonstrating 24/7 continuous stock datafeeds (including NVDA) powered by SEDA goes live.
Multiple new platform integrations confirmed: Jupiter Exchange for instant perps, Polymarket for perps data, Compute Index for HIP3 perps, 0xVDEX for any perp/market, Nunchi for HIP3 perps on yield, MANTRA Chain for RWAs, and Kalshi for range-bound perps.
Burns less than 20k tokens in 30 days, contradicting narrative claims, despite a 27% month-over-month increase in burn rate. Supply: 315m unstaked circulating, 300m staked, 400m in unlocks; team vestings finishing.
OFT bridging to HyperEVM now live on Stargate Finance. SEDA Fast mainnet release and Hyperliquid exchange listing announced as upcoming developments.
A centralized exchange will use SEDA FAST to power perpetual futures trading and will burn $SEDA tokens.
Liquidity pools on Aerodrome now eligible for AERO token emissions.
Token listed on HypertradeX exchange and integration confirmed to power all HIP3 & HyperEVM updates.
Workshop scheduled for November 4, 2 PM UTC featuring CTO showcasing SEDA oracle integration with BNB Chain for prediction markets, hosted by SeedifyFund.
Price moved from $0.03 to $0.25 according to recent market activity.
SEDA/HYPE liquidity pool has been established.
Token becomes available through ultrasolid_hl platform, and 4chan crypto community begins discussing the project.
A whale purchase of $187,000 worth of SEDA tokens occurred.
Upcoming listings on Hyperliquid (spot ticker already purchased) and Coinbase (backed by CB Ventures) announced.
Token adopts LayerZero OFT Standard for omnichain functionality and launches on Stargate Finance with 1:1 bridging across Ethereum, HyperEVM, and HyperCore.
BSC launches oracle service as direct competitor to SEDA.
Partners with Nunchi to enable perpetual markets on custom yield markets, launching soon on HIP-3. Helix Markets operates Anthropic AI perpetuals with CaplightData integration.
Partnership with Pyth Network announced for HIP-3.1 oracle upgrades on Hyperliquid. Market cap reaches $122M from approximately $40M, while trending on 0xPPL platform.
Kalshi partnership mentioned alongside the existing Polymarket integration.
Pre-IPO perpetuals on Helix Markets (which burn SEDA tokens) reach $13.3M total volume since launch, with $3.6M traded in first 24 hours and $1M average daily volume.
Hyperliquid spot listing announced as upcoming, while price doubled over the past three weeks.
Pre-IPO market launches on Injective using SEDA Oracle Programs, with SpaceX trading live on Helix Markets. Each oracle update burns SEDA tokens.
Deployed on HIP4 with resolutions functionality, with Stratum X, Outcome, Dreamcash exploring its implementation. HIP3.1 upgrade allows custom price deviation settings; HyperOddX launches first HIP3 perpetuals contracts using Polymarket prediction data.
SEDA goes live for developers on BNB Chain, enabling builders to power high-speed prediction markets on crypto, stocks, and earnings.
Integrated with Pyth Network for data feeds, published HIP3.1 Amendment, and completed testnet spot listing on Hyperliquid exchange.
Burns SEDA tokens with each data request from Hyperliquid projects, proportional to network data request volume, and with every price update.
$SEDA listed as the 5th top mover on Clave platform today.
Two new platforms launch perpetuals powered by SEDA: Nunchi with HIP-3 perpetual rates and Helix Markets with live Anthropic AI perpetuals via CaplightData partnership.
SEDA partners with 0xVDEX to launch perpetuals on Monad blockchain.
Announces collaboration between sedaprotocol, PythNetwork, and HyperliquidX.
First HIP-3 perpetuals using Polymarket data launch on HyperOddX platform.
Performance benchmarks released showing >1 sec request frequency and >55ms avg response time, ready for HIP3 launch on Hyperliquid.
Oracle feeds demonstrate flawless performance during Hyperliquid liquidation events, validating infrastructure reliability under stress conditions. External trader positions bullishly with 500x potential comparison to LINK price targets.
First Private Equity data brought onchain via CaplightData partnership, enabling OpenAI perpetuals on Injective and targeting expansion to 139 Pre-IPO companies for HIP-3 builders.
SEDA claims to be the core oracle infrastructure for Hyperliquid, powering all data requests on the platform, with additional details promised next week.
Pre-IPO perpetuals launch on Injective while partnership with elevexai begins for tokenized real estate programs on MANTRA Chain and testing extends to HelixMarkets for Kalshi data-powered perpetuals.
MANTRA Chain integration goes live, providing developers access to 11M+ data symbols for RWA applications including US equities, ETFs, and real estate tokenization.
Platform shows active usage across multiple chains including prediction markets, RWAs on BNB chain, and HIP3 integration in recent 24-hour period.
Perpetual contracts on Kalshi markets go live on Injective protocol powered by SEDA's oracle services.
Market data integration with Kalshi goes live while new prediction perpetuals program launches on Polymarket.
21Shares files S-1 for new ETF while US Commerce Department announces onchain distribution of economic data, marking significant institutional adoption milestones.
Sophon technology achieves near-zero latency for cross-chain data reporting.
New sophon technology enhances oracle program capabilities through 11-dimensional processing.
Oracle services now live on Gnosis chain, supporting RWA pricing and FX rates for local stablecoins.
Data feed infrastructure expands to support 11+ million symbols through oracle program.
Data feed infrastructure now supports 9,000 stocks and 2,500 ETFs with implementations for Reserve Protocol, Avantis, and Moonwell DeFi.
V2 development complete with enhanced token burn mechanism planned for upcoming chain upgrades.
Overlay Nodes activate on mainnet with initial data requests being processed.
Token now available for tracking and analysis on Trading View platform.
New cross-chain bridge enables 1:1 token transfers between Ethereum and Base via Hyperlane Nexus.
Mainnet v1.0 governance proposal submission scheduled for July 14th.
Integration with dxFeedSolutions enables access to 9000 stock and 2500 ETF data feeds for 24/7 onchain equity trading.
Testnet upgrade proposal scheduled for July 7th with 24-hour community voting period.
Oracle programs now enable cross-chain stock lending with real-time price feeds, health monitoring, and liquidation thresholds for traditional stocks like TSLA and AAPL.
Now available for trading on Aerodrome DEX.
Incentivized testnet expands with $3,500 prize pool, featuring team-selected ($1,000-$700) and community-voted ($350-$20) rewards.
Week 4 of incentivized testnet launches with focus on Oracle Programs for Trading Bots & Sports, offering rewards up to $150.
Partnership with dxFeed Solutions enables trading of 11,500+ traditional assets (9000 stocks, 2500 ETFs) with 24/5 availability.
Full integration with Bungee now live, enabling cross-chain swaps across multiple networks.
Week 3 of incentivized testnet launches with focus on Oracle Programs for Price Feeds & Dynamic LTVs, offering $150-$10 rewards through team selection and community voting.
Botting attack on incentivized testnet leads to voting system overhaul and 50 USDC compensation for all participants.
Expedited 24-hour governance proposal submitted for testnet upgrade to v1.0.0-rc.3 with key improvements from previous testing.
Oracle services now integrated with Conduit Marketplace, expanding accessibility.
Bungee V2 integration enables cross-chain token access between Base and Ethereum via Socket Protocol.
Mainnet v1.0 upgrade preparation underway with stress testing phase on testnet.
New trading pair launches on Uniswap (Base network)