Market Cap
$275,930,725.31
Volume (24 H)
$81,925,434.29
SRM with marketcap of BTC
$1,753.4407
Serum / U.S. Dollar Tweet Timeline of devchart

SRM Sentiment Score of devchart

Tweets

About Serum

What Is Serum?

Serum is a decentralized exchange (DEX) and ecosystem that brings unprecedented speed and low transaction costs to decentralized finance (DeFi). (DeFi).

Serum is the only high-performant DEX designed around a fully on-chain central limit order book and matching engine. Ecosystem partners can compose with Serum’s on-chain orderbook to share liquidity and power their trading features for institutional and retail users.

In light of the popularity of DeFi and the growth of DEXes on Ethereum, users and developers are limited by high gas costs and slow transactions. Serum aims to resolve these traditional problems of DeFi, as well as issues of centralization, low capital efficiency, and liquidity segmentation.

The SRM utility and governance token enables users to receive discounts on protocol fees and voting rights; 100% of exchange fees flow back to SRM via buy-and-burn, staking rewards, and ecosystem grants.

Who Are the Founders of Serum?

Serum is an open source project created by a consortium of partners including FTX, Alameda Research, and the Solana Foundation.

Its development is currently supported by the Serum Foundation, backed by a group of experts in cryptocurrency, trading and decentralized finance. The project borrows much of its design and thought leadership from a wide number of firms in the cryptocurrency and finance industries.

What Makes SRM Unique?

Serum DEX’s on-chain central limit order book and matching engine provides liquidity and price-time-priority matching to traders and composing projects. Users benefit from this exchange model through the ability to choose the price, size and direction of their trades. Composing projects benefit from Serum’s existing architecture, bootstrapped liquidity, and matching service.

Related Pages:

Learn more about Serum.

Learn more about Solana.

Learn more about the world of cryptocurrencies at the CoinMarketCap blog.

How Many Serum (SRM) Coins Are There in Circulation?

Serum’s (SRM) circulating supply is at 54,861,111 SRM as of August 2021, with a maximum supply of 10,000,000,000 SRM.

How Is the Serum Network Secured?

Serum is built on Solana and is completely permissionless. Solana is a web-scale blockchain that can reach 50,000 transactions per second and 400ms block times. This is achieved through a verifiable delay function, known as SHA 256 hash chain. Serum’s design is meant to ensure that DeFi can compete against centralized services.

Where Can You Buy Serum (SRM)?

Serum (SRM) can be bought and sold on a number of exchanges, including the following:

Binance OKEx HBTC BitZ Xtheta Global FTX

If you are new to buying, selling, or trading cryptocurrencies, you can read our Bitcoin buying guide.

Latest News On Serum

Serum (SRM) Price Prediction 2022-2030: Can SRM Reach $100? - Motivation Grid

Serum (SRM) Price Prediction 2022-2030: Can SRM Reach $100? Motivation Grid

Mon, 08 Aug 2022 12:43:10 GMT

Serum Token Price Analysis: SRM token price has stormed past the supply zone, will it continue the bullish trend? - Cryptocurrency News - The Market Periodical

Serum Token Price Analysis: SRM token price has stormed past the supply zone, will it continue the bullish trend? - Cryptocurrency News The Market Periodical

Sat, 06 Aug 2022 12:03:05 GMT

Cashmere Raises $3M at $30M Valuation to Build Solana Enterprise Wallet - CoinDesk

Cashmere Raises $3M at $30M Valuation to Build Solana Enterprise Wallet CoinDesk

Mon, 08 Aug 2022 20:04:00 GMT

Large-Cap Tokens And DeFi Lead Crypto Rally - Seeking Alpha

Large-Cap Tokens And DeFi Lead Crypto Rally Seeking Alpha

Sat, 06 Aug 2022 13:50:00 GMT

Solana ($SOL) Is the 'Most Underrated Token', Says Crypto Billionaire Sam Bankman-Fried - CryptoGlobe

Solana ($SOL) Is the 'Most Underrated Token', Says Crypto Billionaire Sam Bankman-Fried CryptoGlobe

Fri, 05 Aug 2022 00:23:25 GMT

How Total Value Locked (TVL) is Distributed in Major Blockchains - BSC NEWS

How Total Value Locked (TVL) is Distributed in Major Blockchains BSC NEWS

Mon, 08 Aug 2022 12:22:30 GMT

Marathon Digital Holdings, Inc. (MARA) CEO Fred Thiel on Q2 2022 Results - Earnings Call Transcript - Seeking Alpha

Marathon Digital Holdings, Inc. (MARA) CEO Fred Thiel on Q2 2022 Results - Earnings Call Transcript Seeking Alpha

Tue, 09 Aug 2022 02:07:00 GMT
1.5%
Average Weekly ROI
5.8%
Average Monthly ROI