Serum DEX (SRM)

What is Serum?

Serum is a platform as well as a decentralized exchange (DEX) built on the Solana blockchain.

The aim of Serum is to create a DeFi ecosystem that delivers the best user experience. Built on Solana, Serum aims to address the centralization vulnerabilities that exist in the current DeFi space.

Highlights

  • Completely Decentralized: Serum allows DeFi projects to derive projects from decentralized oracles, without being dependent on any other platform.
  • Speed ​​and cost: Building on Solana blockchain helps Serum to process transactions many times faster and transaction fees are also extremely cheap.
  • Orderbooks: Serum has launched a Solana-based Serum DEX. Serum DEX inherits the decentralization and automation features of AMM and allows users to use limit orders.
  • Cross-chain Swaps: Serum DEX also integrates Cross-chain into the platform to help users exchange data and crypto between different blockchains without the need for a 3rd party.
  • Stablecoins: Serum launches a new stablecoin model, SerumBTC and SerumUSDa, which is not dependent on any bank.

SRM token

Key metrics

  • Token name: Serum token
  • Ticker: SRM
  • Blockchain: Solana, Ethereum, Binance Smart Chain, Terra
  • Token Standard: SPL, ERC-20, BEP-20, Terra
  • Token type: Utility, Governance token
  • Contract: SRMuApVNdxXokk5GT7XD5cUUgXMBCoAz2LHeuAoKWRt (SPL)
  • Total Supply: 10,000,000,000 SRM

Token allocation

  • Team and Advisors: 20%
  • Project Contributors: 22%
  • Locked Seed and Auction Purchasers: 4%
  • Partner and Collaborator Fund: 27%
  • Ecosystem Incentive Fund: 27%

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Investors & partners

Serum partners such as: Kyber Network, AscendEx, Coingecko, FTX, Tomochain, Solana, …

Team

The Serum project is supported by famous advisors in the crypto community such as:

  • Robert Leshner: Founder, Compound

  • Sam Bankman Fried: CEO, FTX & Alameda Research

  • Gary Wang: CTO, FTX

  • Long Vuong: Founder & CEO TomoChain

Price check

-Solareum team-