Market cap
$2.34M
-0.42 %
Volume (24h)
$3.5K
-0.42 %
Circulating supply
372,782,297 SRM
Total supply
1,092,844,982 SRM
Max. supply
10,000,000,000 SRM
Serum (SRM)
$ 0.01
-0.42 %
Main info
News
Comments
Markets
Analytics
Key data
updated $0Market cap$2.34M
Volume 24h$3.5K
Circulating supply372.78M4% of max 10B
All-time high$13.78-100% from peak · 2021-09-10
Serum (SRM) is a decentralized exchange (DEX) and ecosystem built on the Solana blockchain. It offers fast, low-cost trading with an order book model, unlike many DEXs that use automated market makers. SRM is the native utility token used for fee discounts and governance within the Serum ecosystem.
Frequently asked questions
What is Serum and how is it different from other DEXs?
Serum is a decentralized exchange on Solana that uses an order book model for trading, similar to centralized exchanges, but with the benefits of decentralization. Unlike most DEXs that rely on automated market makers (AMMs), Serum offers faster transactions and lower fees due to Solana's high throughput.
How does Serum's technology work?
Serum leverages Solana's high-speed blockchain to enable an on-chain order book, allowing for efficient price discovery and trading. Its consensus mechanism relies on Solana's Proof of History (PoH) combined with Proof of Stake (PoS) for security and scalability.
How is SRM's supply distributed?
SRM has a fixed hard cap of 10 billion coins. The tokenomics include allocations for ecosystem development, team, and community incentives, with mechanisms like burning a portion of fees to reduce supply over time.
How can I store and use SRM?
SRM can be stored in Solana-compatible wallets like Phantom or Solflare. It's used for trading fee discounts on Serum, staking for rewards, and participating in governance decisions within the ecosystem.