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| Serum 
| #SRM
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| SRM Price: | $0.19 | | Volume: | $13.1 M | | All Time High: | $13.60 | | Market Cap: | — |
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| Circulating Supply: | — |
| Exchanges: | 29
| | Total Supply: | 10,160,750,776 |
| Markets: | 39
| | Max Supply: | — |
| Pairs: | 78
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The last known price of #SRM is $0.19 USD.
 Please note that the price of #SRM was last updated over 50 days ago. This can occur when coins have sporadic price reporting, no listings on exchanges or the project has been abandonded. All #SRM statistics should be considered as 'last known value'.
The lowest SRM price for this period was $0, the highest was $0.190, and the exact last price of SRM was $0.19046.
The all-time high SRM coin price was $13.60.
Use our custom price calculator to see the hypothetical price of SRM with market cap of ETH and how the supply affects the price of SRM at different market capitalizations. |
The code for Serum crypto currency is #SRM.
Serum is 2.7 years old. |
The current market capitalization for Serum is not available at this time.
Serum is ranking downwards to #6937 out of all coins, by market cap (and other factors). |
There is a large daily trading volume on #SRM.
Today's 24-hour trading volume across all exchanges for Serum is $13,077,946. |
The total supply of SRM is 10,160,750,776 coins.
Serum has a relatively large supply of coins, 84 times larger than Ethereum's supply, as an example. |
SRM is well integrated with many pairings with other cryptocurrencies and is listed on at least 29 crypto exchanges.
View #SRM trading pairs and crypto exchanges that currently support #SRM purchase. |
Deprecating Sollet Bridge
This is an announcement related to Sollet Bridge as a follow up from the earlier post. Sollet Bridge will be deprecated on Oct 31, 2022. Here are some details on specific assets supported by Sollet: Sollet ERC20s will be deprecated and protocols should switch to Wormhole assets, All Sollet assets are currently backed, and will still be backed after the bridge is deprecated on Oct 31. After that date, users can still use FTX or FTX US for bridging., Non-ERC20 assets such as BTC and HNT will still be supported. There are currently no plans to deprecate these assets., For questions and developer support, please feel free to reach out to Serum community support at contact@projectserum.com. Serum Discord: discord.com Serum Telegram: t.me About the Sollet Bridge The Sollet wallet features a built-in bridge to convert ERC20 assets to SPL tokens. These assets have historically been used by many Solana dApps as the canonical version of ERC20 wrapped assets on Solana.
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Announcement: Sollet Bridge soETH holders on the Merge
Please note below on changes related to the Sollet Bridge around the Merge. The Merge is scheduled to happen on around Sep 15. The current Ethereum Mainnet will merge with the Beacon Chain proof-of-stake system. After the Merge, soETH (Wrapped Ethereum (Sollet)) holders will not receive powETH, and will instead receive posETH. If holders wish to receive powETH, they must bridge back to Ethereum. Please refer to this earlier blog post on instructions on how to bridge assets. The Sollet Bridge will be paused within 24 hours before the Merge and will be unpaused within 24 hours after the merge. For questions and developer support, please feel free to reach out at contact@projectserum.com. Serum Discord: discord.com Serum Telegram: t.me — What is the Merge? - The Merge represents the joining of the existing execution layer of Ethereum (the Mainnet we use today) with its new proof-of-stake consensus layer, the Beacon Chain. It eliminates the need for energy-intensive mining and instead secures the network using staked ETH. medium.com — References on the Merge - Ethereum Mainnet Merge announcement: blog.ethereum.org Ethereum Foundation Merge Documentation: ethereum.org#what-is-the-merge Countdown: watcher.guru
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Vybe DEX is live
Serum Community is pleased to announce the launch of Vybe DEX, a data-driven trading interface powered by Serum’s Central Limit Order Book and matching engine, built and hosted by Vybe Network. This trading platform is now available on desktop web interface, where users can buy, sell and trade various digital assets using Serum’s liquidity and matching engine. — Vybe DEX - The launch of Vybe DEX enables users to directly interact with Project Serum, in a fully decentralized manner. Users can place trade on Vybe DEX in an easy-to-use interface, just as they would on centralized exchanges like Coinbase Pro or FTX. The interface’s functionalities include placing limit and market orders for all Serum markets, viewing open orders and transaction history, live and historical chart data, statistics on order book liquidity, SPL tokens as well as market depth charts. Users can also access their profile page to view and manage their assets, open orders, unsettled balances and open order accounts. — Vybe Network - This DEX is being built by Vybe Network, a contributor and partner to Project Serum. Vybe Network is at the forefront in building on-chain analytics products for Solana. One of Vybe’s notable contributions to the Serum ecosystem is Serum Analytics (projectserum.vybenetwork.com), a dashboard featuring real time data related to Serum including trading volume, total value locked, top trading pairs. The Vyb... 
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Serum Monthly Recap — July 2022
Serum Monthly Recap — July 2022 It’s been a wild ride in the crypto markets over the past couple of months, but Project Serum has kept busy developing the next generation of decentralized applications and protocols. It’s been a hot start to summer this July, and there are exciting things happening in the Project Serum community. Here’s a recap of some of our biggest highlights from the past month:Magic Eden Partnership In July, Serum announced a big partnership with the leading NFT marketplace on Solana, Magic Eden. The collaboration will introduce the first-ever Semi-Fungible Token (SFT) marketplace, and projects are already lining up to take advantage of the platform. The first project utilizing the SFT marketplace place is the move-to-earn NFT game Genopets. Using the SFT marketplace, players will be able to mint and trade in-game SFTs like Crystals and terraform seeds. With Magic Eden being the leader in NFT trading on Solana, this partnership and SFT marketplace innovation alongside Serum opens the gates for onboarding more blockchain games and introducing a new wave of users into the Solana GameFi ecosystem.Chicago Solana Summer IRL Hackathon Serum contributors and builders from across the Solana ecosystem descended upon Chicago on July 18th to participate in a four-week-long hackathon in the Windy City. The hackathon, which Serum is co-hosting with Hxro Labs and Chicago DAO is designed to promote collabora...
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Serum Partners with Magic Eden, Powering SFT Marketplace for Genopets with its Asset Agnostic…
Serum Partners with Magic Eden, Powering SFT Marketplace for Genopets with its Asset Agnostic Orderbook The Serum community is excited to announce partnership with Magic Eden, the leading NFT marketplace on Solana, powering the first Semi-Fungible Token (SFT) marketplace with its Asset Agnostic Orderbook (AAOB). The first game utilizing this marketplace is the popular move-to-near NFT game Genopets. With the SFT marketplace, Genopets community members can mint, trade in-game SFTs including Crystals and Terraform Seeds. This partnership is significant in the GameFi, NFT and Serum development in many ways. 1) Magic Eden, the go-to destination for NFT creators and traders on Solana, is expanding into GameFi through this partnership with Genopets. The streamlined experience for gamers, enabling minting and trading of SFTs, opens up possibilities to onboard many other games and gamers to the Solana GameFi ecosystem. 2) SFTs, like Crystals and Terraform Seeds in Genopets, are not 1:1 like NFTs, and can be “stacked” redeemed in greater quantities. Enabling the trading of SFTs on Magic Eden brings familiar Web2 gaming mechanisms like “stackable” assets onto Solana. 3) Serum’s AAOB, or Serum Core, is an upgrade to Serum that allows Serum to match orders of trades of any asset. This includes assets that cannot be tokenized but can still benefit from an orderbook. The design of Serum Core makes Serum’s architecture suited t...
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Forum Summary — Week of 6/27 — Wallet Security, Zeta Markets and Mango Markets
Forum Summary — Week of 6/27 — Wallet Security, Zeta Markets and Mango Markets Project Serum wouldn’t be what it is today without the amazing and loyal members of the Serum community. The Serum forum is a hidden treasure chest of tips, tricks, and news updates. Bringing such a large group of intelligent people together with a shared passion for what we’re doing here at Serum creates an interesting phenomenon where we get to see Serum evolve before our very eyes. Let’s see what the group got into this week!Serum-dex and the Security of Wallets One of the main points raised by active Serum member @jsoneaday centered around the security of wallets deployed on pool accounts using Serum-dex. The concern revolved around controlling which wallet accounts can deploy new pool accounts to the Dex. An interesting scenario of using a whitelist hard-coded into the Dex was proposed, but the community hasn’t come up with a clear solution as of yet. Check out the full conversation here: https://forum.projectserum.com/t/how-can-i-allow-only-certain-wallets-to-deploy-pool-accounts/549Zeta Market Updates In other news, @filip from Solrise posted to inform the Serum community about Zeta Markets’ incentive program. Solrise is a decentralized asset management platform allowing users to create their own fund or participate in someone else’s crypto fund. They believe Zeta Markets’ incentive program will be a great leap...
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Serum Monthly Recap — June 2022
Despite the June slowdown in the crypto markets, Project Serum is keeping busy and making waves this month. Serum kicked off the month with the launch of a much-anticipated explainer series, which gives an overview of all the different aspects of Project Serum. This was followed by the launch of xNFT Backpack, which is designed to promote collaboration and innovation within the Serum community. Alongside the launch of Saga, the new Solana-native smartphone, Solana has also launched the Solana Mobile Stack, a mobile toolkit that opens the doors for developers to create new and unique mobile dApps. Crypto will become more seamless than ever before on a device that’s tailored to its technology. This month also saw the launch of Mayan Finance and a live conversation about the project and all things crosschain DeFi on Twitter Spaces. Serum partnered with Pyth Network, Vybe, and Burnt Finance to launch new NFT collections in the all-new Serum NFT ecosystem and kicked off the Mega Hackathon in collaboration with Northwestern University this month, where teams of students from across the U.S. compete to build and innovate on the Serum platform. For the developer community, Serum also introduced an exciting new developer tool, which is now live. Finally, Project Serum hosted an NFT event with MonkeDAO in The Big Apple, where Solana Monkey Business NFT holders met for a fun night of dinner, drinks and discussion about the future of...
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Serum Launches New Developer Tooling Suite
Serum is excited to announce the launch of its all-new Developer Tooling Suite, serum-dev-tools. This new suite comes with a new SDK, CLI, and a Serum Explorer that provides users with the capabilities to gain more insight into Serum’s industry-leading DEX marketplaces. By launching this newest set of tools, Serum is continuing its commitment to continuously improving upon its developer experience for projects composing on the Serum network. The tooling allows builders to initialize a DEX, create coins, start a market, run a market maker and run a crank for any DEX market. After a Serum DEX program has been deployed on the network with custom-created markets and builders have run market makers and cranks on the markets they can deploy the brand new Serum Explorer to gain detailed information on the configuration of any market operating on Serum. Additional information on the Developer Tooling Suite can be found here: https://www.wordcel.club/sayantan.sol/getting-started-with-serum-dex If you have any questions or wish to build in the Serum ecosystem, please feel free to reach out to us at contact@projectserum.com. We’re always happy to answer questions or assist you in any way we can! Serum Discord: https://discord.gg/projectserum Serum Telegram: https://t.me/ProjectSeru
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SurfersDAO launch
What are Serum Surfers?. — Serum Surfers are a collection of 5,000 generative NFTs minted and launched on Solana through Burnt Finance’s Ignition Launchpad. They are a special homage to the Solana network’s inception, where founders Raj Gokal and Anatoly Yakovenko surfed alongside many of the early employees at Solana Beach, California. — What is SurfersDAO?. — DAO is short for Decentralized Autonomous Organization. A DAO is an entity with no central leadership. It is made up of a group of people, organized by a common interest in the community as represented by a token or NFT (Serum Surfers), who come together with a shared goal (to make Serum Surfers the best NFT ever!). Together the DAO (and its Council as described below) will discuss, develop and create proposals about the future operations of the NFT/Community. These proposals will be voted on by the community and executed using onchain governance tools. — DAO Council. — The SurfersDAO will be led by a Council consisting of seven members. Elections will be held periodically by the DAO to determine the Council members. Community elected Council members will serve a four-month term. — How Council Members Are Elected — Process and Results. — This past week the Serum Surfers community held elections to select two community members for the SurfersDAO Council. There were 16 candidates who participated. The process consist...
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Vybe Network Partners with Serum and Burnt Finance to Launch NFT Collection
Serum is excited to announce the next partner project to drop in the Serum NFT Ecosystem, the Octopus NFT collection for Data Solution team Vybe Network! A collection of 100 unique NFTs generated using Burnt Finance’s Ignition Launchpad, and they will be launched and minted on Burnt’s NFT launchpad. Vybe Network enables the Solana community to query, index and exchange on-chain data. Vybe supports teams on Solana that are developing DeFi and Web3 dApps and provides the infrastructure allowing live and historical data to be queried and analyzed so that meaningful insights and metrics can be extracted from protocols. Vybe helps build user-friendly, accessible applications and supports Web3 and DeFi projects with permissionless and transparent data, allowing anyone to access and benefit from on-chain data. In addition to being a Vyber (part of the Vybe Network community), holding a Octopus NFT will include access to Vybe swag rewards, future NFT drops, access to exclusive Discord channels, and priority access to special Vybe Network offline events. Holding a Vybe Octopus will also guarantee a better chance at winning a portion of the Serum NFT Ecosystem prizes. Out of the 100 NFTs, 30 will be white listed (WL) and 70 will be offered via a Public sale. 10 WL spots will be given out directly to contest winners by Vybe Network, Serum, and Burnt. All participants in the contests will have a chance at earning one of the remaining...
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 | FTX-Linked Project Serum Shilling Shitcoins on Twitter: Report
According to on-chain sleuth Zachxbt, the official Twitter account of the Solana-based decentralized finance project Serum, which had over 200,000 followers, has been renamed 'Luka.'
The original Serum account is speculated to have been sold to a different user since all the previous tweets have been deleted.
Sharing a screenshot of the account, ZachXBT revealed that its PFP avatar was replaced with Milady NFT and was used for promoting 'shitcoins.'
For the uninitiated, Serum was founded in August 2020 by a consortium that included the Solana Foundation as well as the now-collapsed Sam Bankman-Fried’s FTX and trading desk Alameda Research.
Serum received funding from Multicoin Capital alongside FTX.com and FTX US.
It was once heralded as a core decentralized exchange platform and liquidity provider for Solana's DeFi ecosystem.
The events leading up to FTX's bankruptcy filing forced Solana DeFi projects like Raydium and Jupiter to cut off ties with Serum.
Several exchanges, such as Upbit and Binance, delisted Serum from their platforms. Soon after, the project's native token - SRM - also lost over 98% of its value since its all-time high in September last year. It was assumed that the project ended.
Subsequently, a community-driven fork of Serum's V3 program was launched and rebranded as 'OpenBook,' which has over 5k followers on its Twitter account.
The post FTX-Linked Project Serum Shilling Shitcoins on Twitter: Report appeared first on CryptoPotato.
|  | Serum (SRM) Backs Community Hard Fork Plans After FTX Collapse
Serum (SRM) – the Solana-based DEX protocol launched in part by FTX – is seeking a fresh restart after FTX’s fallout left the project’s security permanently compromised.
The new project – called Openbook – will be community-led, and may or may possibly discard the SRM token entirely.
Serum’s New Beginning
In a Twitter thread on Tuesday, Serum explained that the collapse of FTX and Alameda has left its program effectively “defunct.”
“As upgrade authority is held by FTX, security is in jeopardy, leading to protocols like Jupiter and Raydium moving away from Serum,” the team wrote. Jupiter, a DEX aggregator on Solana, informed users on November 12th that SRM would be disabled as a liquidity source.In addition, Binance disabled a series of trading pairs last week which affected tokens including SRM.
Jupiter added that it would support an upcoming ecosystem fork, which Serum itself has now acknowledged. Leading the movement is Mango Markets co-founder Max Schneider, whose protocol was drained in a price manipulation attack last month.
The new Openbook project has already amassed $1 million in daily trading volume. It includes pools for SOL/USDC, USDT/USDC, MSOL/USDC, and wheETH/USDC, while continuing to provide fee discounts for SRM holders.
According to Serum, more efforts are underway to expand Openbooks liquidity and products. However, given its success, the old Serum prot...
| | Binance Removes Trading Pairs for FTX-Linked Serum Token
Binance, the world’s largest crypto exchange, will remove multiple trading pairs for the DEX protocol Serum (SRM), which is known to have deep ties to both FTX and Alameda Research.
The token will no longer be tradeable for Bitcoin (BTC), Tether (USDT), or Binance's native BNB token.
What is Serum?
Binance revealed Serum’s trading restrictions, alongside a handful of other pair removals, in an announcement on Friday. Other restricted assets include the BTC hash rate-backed BTCST token, and the Gifto protocol’s GTO token.
Binance will remove the 16 mentioned pairs starting Monday at 3:00 UTC. Other pairs related to the listed assets will remain available for trade.
“Users are strongly advised to update their trading strategies prior to the cessation of strategy trading services to avoid any potential losses,” it said. Binance also temporarily suspended deposits for Solana-based USDT and USDC last Thursday, and has thus far only resumed USDC deposits.
Serum is a decentralized exchange protocol on Solana created by a consortium including the FTX, Alameda Research, and the Solana Foundation. Its native token, SRM, gives holders fee discounts while using the protocol, alongside governance rights.
Earlier this month, both FTX and Alameda filed for bankruptcy and froze withdrawals for almost all counterparties. Meanwhile, the Solana Foundation revealed on Monday that it currently has 134.54 million tokens trapped on the exchange....
|  | Serum (SRM) Price Looks Set After Hibernation, Can Price Go To $1?
Serum (SRM) has struggled against tether (USDT) in recent weeks, rising above $0.8 as the price of Serum (SRM) remains range-bound. For weeks, the price of Bitcoin (BTC) fluctuated between $19,500 and $20,000, with the price stalling on the next movement. Most altcoins, including Serum, have been affected by this choppy movement (SRM). (Source: Binance)
Serum (SRM) Price Analysis On The Weekly Chart
The price of SRM has had difficulty replicating its recent bullish move, which saw the price rally to $3.5 as the price rallied with a good bullish sentiment.
SRM has struggled to stay afloat after falling from an all-time high of $13, as the price continues to fall with no sign of a major bounce. With the current indicators, SRM could be poised to rally from its weekly low of $0.8 to around $1.2.
The price of SRM is encountering resistance at $1; if the price of SRM flips this region, we may see the price rise to new heights.
If the price of SRM maintains this bullish structure, we could see the price of SRM breaking off of its first resistance at $1 with more buy volumes.
Weekly resistance for the price of SRM - $1.
Weekly support for the price of SRM - $0.75.
Price Analysis Of SRM On The Daily (1D) Chart
Daily SRM Price Chart | Source: SRMUSDT On Tradingview.com
After rallying from its daily low, the price of SRM was rejected and is struggling to break out in a range channel. A break above this bullish channel on the daily timeframe will confirm its bullish strengt...
|  | New Serum powered DEX for Solana from Vybe Network launches
Today it was announced from the Serum community the launch of Vybe DEX, a data-driven trading interface powered by Serum’s central limit order book & matching engine, built by Vybe Network.
Vybe Network is a data infrastructure solution that enables the Solana community to query, index, and share on-chain data to build web3 dApps and analytics.
For now, the DEX trading platform is available on a desktop web interface, where users can buy, sell and trade various digital assets using Serum’s liquidity and matching engine.
Now Live: Vybe DEX
Vybe DEX enables users to directly interact with Project Serum, in a fully decentralized manner. Users can place a trade on Vybe DEX in an easy-to-use interface, just as they would on centralized exchanges.
The interface’s functionalities include placing limit and market orders for all Serum markets, viewing open orders and transaction history, live and historical chart data, statistics on order book liquidity, SPL tokens as well as market depth charts.
Users can also access their profile page to view and manage their assets, open orders, unsettled balances, and open order accounts.
The Vybe DEX is now available on a desktop web interface
Vybe Network
Vybe Network is at the forefront of building on-chain analytics products for Solana.
One of Vybe’s notable contributions to the Serum ecosystem is Serum Analytics (projectserum.vybenetwork.com), a dashboard with real-time data related to Serum including trading volume, t...
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