Serum is a decentralized Solana-based order book platform.
Serum is a Solana-based decentralized exchange with a decentralized order book, cross-chain support, and SRM utility token for trading fees and network operations.
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What is Serum (SRM)?
Built on the Solana blockchain, Serum is a decentralized exchange platform designed to tackle issues of centralization, capital inefficiency, and liquidity shortages in the DeFi ecosystem. Launched in 2020, it provides a comprehensive suite of tools to maximize DeFi opportunities within the Solana network. The platform’s native token is SRM. Serum’s key features include a decentralized order book system which differs from the common AMM model. Instead of pooled liquidity, it uses smart contracts to match buyers and sellers, mimicking traditional exchanges, allowing flexible trading with various order sizes and pricing. Transaction fees are paid in SRM. Additionally, Serum is cross-chain compatible, enabling trading of tokens across different platforms such as Ethereum and Polkadot, and pro...
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Serum price live information
As of now, Serum is trading at 0.01136 USD, with a 24-hour trading volume of approximately 80.46K USD. The SRM to USD price is updated in real time. Over the past 24 hours, Serum has decreased by 1.82%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 2.99M USD. Currently, there are 263 244 669 SRM in circulation out of a maximum supply of 1 092 844 982 SRM.
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