SEI's orderbook mechanism is drawing serious attention—and for good reason. The on-chain orderbook architecture represents a meaningful technical advantage that addresses liquidity fragmentation issues plaguing many layer-1 platforms.

What makes this significant? Users currently positioned on alternatives like Hyperliquid are starting to recognize the efficiency gains. The ability to process orders through a transparent, decentralized orderbook rather than relying on centralized intermediaries changes the game. Should this trend accelerate, it could fundamentally reshape capital flow dynamics within the SEI ecosystem.

The technical superiority here isn't just theoretical—real trading experience reveals the difference immediately. Whether this translates to sustained user migration depends on ecosystem depth and liquidity depth, but the foundation is undeniably compelling.