Serum
Performance
Converter
Metrics
Derivatives
Liquidity
Classification
Across Cryp2Nova
Recent events
Social activity
Links
Contracts
Ethereum17.2K0x476c…5be0ffTop markets
Supply
Latest news
Key facts
Serum in numbers
Serum (SRM) ranks #1768 by market capitalization, at $1.69M. It belongs to the DeFi sector (Decentralized Exchange). It has traded since Aug 11, 2020, across 148 markets on 7 exchanges, with $16.94K of volume in the last 24 hours. Its all-time high of $5,432.90 was reached on Aug 11, 2020; the current price is 100.0% below that peak. Its cycle low of $0.000140911 came on Aug 3, 2026.
3.7% of the maximum supply of 10.00B SRM is in circulation. 4 investors are recorded as backers, including Jump Capital, Tiger Global, Tagus Capital. On Ethereum, 17,213 addresses hold SRM. It is available on 3 networks.
About Serum
Serum provides a range of business and financial services that include consulting, advisory, and investment solutions. They offer expertise in areas such as risk management, strategic planning, asset management, and financial analysis. The company aims to assist clients in achieving their financial goals and optimizing their business operations.
Background
History Serum is a decentralized exchange (DEX) and ecosystem built on Solana. It was created by Serum Foundation, a consortium of partners including FTX, Alameda Research, and the Solana Foundation. Serum's whitepaper was published in July 2020. According to this whitepaper, the project aims to solve several underlying weaknesses in pre-existing DEXs, such as lack of orderbooks in AMMs and inadequate cross-chain support. Serum selected Solana as its Layer-1 protocol since it provides faster and cheaper transactions compared to Ethereum. Solana's more efficient processing capabilities allowed Serum to feature a fully on-chain and programmatic matching engine.
Road Ahead With a familiar central-limit orderbook (CLOB) and strong backing from FTX, Serum has become a fast-growing DEX. FTX and Alameda Research have also contributed by supporting and backing synergistic products to complement Serum, such as Bonfida (a data analytics engine and GUI for Serum), Oxygen (a DeFi prime brokerage protocol), and Raydium (AMM that provides liquidity to Serum orderbooks).