[Built on the Solana blockchain, Serum operates as a decentralized exchange software. It aims to address the issues of centralization, capital inefficiency, and liquidity problems across the current DeFi landscape. Serum was launched in 2020 and offers a comprehensive product suite designed to help maximize potential DeFi opportunities across the Solana network.SRM is the platform’s native cryptocurrency.What are Serum’s key features and how does it work?The Serum protocol is designed to offer an alternative to the automated market making (AMM)model. It features a decentralized order book system that is crucial to the platform’s operations. Unlike an AMM, the platform does not rely on liquidity pools from which traders can buy and sell crypto. Instead, it consists of smart contracts that a...
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