Monaco Launches Institutional Trading Infrastructure on Sei to Target Tokenized Asset Market

Monaco, a decentralized trading protocol developed by Sei Labs and Monaco Research, has launched a central limit order book (CLOB) on the Sei blockchain. The platform is designed to handle institutional-level trading speeds while maintaining the transparency of decentralized finance. Its goal is to serve the fast-growing market for tokenized assets, which financial institutions project could reach $30 trillion by 2034.

The protocol’s design aims to create network effects, where more users and applications contribute to deeper liquidity and better pricing, encouraging further adoption. Monaco has already attracted partners across decentralized exchanges, prediction markets, gaming, financial institutions, and wallets.

The platform also introduced programs to support early adoption, including grants for developers, incentives for liquidity providers, and support for projects seeking token listings. Monaco integrates with Sei’s fast settlement system and supports cross-chain trading, complex order types, and advanced margining.

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