Monaco, a new decentralized trading protocol incubated by Sei Labs and Monaco Research, announced the launch of its institutional-grade central limit order book (CLOB) infrastructure on the Sei blockchain. The protocol aims to capture a significant portion of the projected $30 trillion tokenized asset market by 2034, offering Wall Street-caliber execution speeds with the transparency and accessibility of decentralized finance.

Monaco represents the realization of Sei's founding vision as a dedicated layer for high-performance decentralized trading, achieving microsecond execution coupled with Sei's 400-millisecond settlement—a 200,000x improvement over traditional T+1 settlement cycles.

"Traditional finance is broken. Intermediaries extract billions in fees, markets close when you need them most, and access is restricted by geography and wealth," said Jay Jog, Co-Founder of Sei Labs. "We're building something better: Wall Street-grade decentralized trading infrastructure that operates 24/7, treats all participants fairly, and unlocks a new design space for high-performance trading platforms."