Serum

DEXs

Copy link
Share on X

Claim company
Report company

Description

Serum is a decentralized exchange protocol on the Solana blockchain, offering high-speed, low-cost transactions for DeFi. Unique for its on-chain central limit order book (CLOB) and matching engine, it enables traditional order book trading in a trustless, decentralized environment. The ecosystem supports cross-chain trading via bridges, enhancing interoperability. Serum features tools like Serum Swap for AMM-based exchanges and Serum Markets for token listing. The native SRM token facilitates governance, offers transaction fee discounts, and serves as an incentive for staking. Launched in 2020, Serum was developed by Project Serum in collaboration with crypto and DeFi experts, supporting a robust, permissionless infrastructure for liquidity and trading. It is actively traded across 200+ markets, underpinning its role in both retail and institutional trading environments. For further details, visit [projectserum.com](https://portal.projectserum.com/).

Socials

Similar companies

Openserum

Openserum is a DeFi platform on Solana offering AMM, staking, yield farming, and a DEX with high speeds, low fees, order books, and limit orders for enhanced trading and liquidity.

LunaDEX

A Decentralized Exchange built on Project Serum.

OpenBook

OpenBook is a powerful community-driven decentralized exchange on Solana, leveraging Serum's high-speed, low-cost tech for real-time trading, cross-chain swaps, and liquidity aggregation.

Saber

Saber, a leading Solana-based AMM, specializes in stablecoin and wrapped asset trading, offering liquidity through minimal slippage and rewarding providers with SBR tokens.

LIQ Protocol

LIQ Protocol is a decentralized on-chain liquidation engine for Serum DEX margin markets on Solana, ensuring efficient and timely liquidations with robust smart contract functionality.

Surf

Surf is a DeFi platform on Solana, offering a DEX for swapping Solana-based tokens efficiently with low fees, leveraging Solana's high throughput.

Crema

Crema Finance is a Solana-based concentrated liquidity protocol offering a CLMM model for higher yields, “Smart Pool” for automated liquidity, integrates Serum DEX, emphasizes security with audits, and uses a native token for governance.

Solster

Solster is a DeFi platform on Solana, offering a Launchpad, DEX, Staking, and Farming to boost Solana-based projects with high security and low costs.

SOLARR

SOLARR streamlines DeFi services via an ecosystem for easy creation, deployment, and management of Solidity smart contracts and a DEX for secure asset trading.

SWERVE Protocol

SWERVE Protocol decentralizes access to non-USD stable coins and features a crucial liquidation engine for Solana-based trading and lending platforms.

Secretum

Secretum is a unique Solana-based messaging & trading platform combining encrypted messaging with anonymous, secure crypto & NFT trading, emphasizing privacy & low transaction fees.

Solera Finance

Solera Finance is a DeFi project on Solana, focusing on accessible finance through yield farming, staking, and liquidity provision, aiming for secure, efficient, and community-driven financial services.

FAQ

What is Serum and what makes it unique?

Serum is a decentralized exchange (DEX) protocol operating on the Solana blockchain, recognized as the world's first completely decentralized derivatives exchange. It stands out due to its on-chain central limit order book (CLOB) and matching engine, facilitating traditional order book mechanics in a decentralized setting. This allows users to trade directly from their wallets securely and transparently, without a central authority.

How does Serum ensure fast and cost-effective transactions?

Serum benefits from the high-performance capabilities of the Solana blockchain, enabling rapid, scalable, and low-cost transactions. The use of an on-chain central limit order book enhances speed and efficiency, making Serum an attractive platform for both institutional and retail investors looking for fast transactions in the DeFi space.

What are the primary benefits of using Serum for trading?

The primary benefits of using Serum include its fully decentralized nature, fast and low-cost transactions, and robust trading capabilities through its on-chain order book. Additionally, it supports cross-chain trading through bridges and offers features like Serum Swap and Serum Markets, enhancing trading flexibility and liquidity opportunities.

How does Serum compare to other decentralized exchanges?

Serum distinguishes itself from other decentralized exchanges by implementing an on-chain order book similar to traditional centralized exchanges but within a decentralized ecosystem. This unique approach provides greater efficiency and support for diverse trading strategies while maintaining the security and transparency inherent in blockchain technology.

What role does the SRM token play in the Serum ecosystem?

The SRM token is the native utility token of the Serum ecosystem. It is utilized for governance voting, providing users with a voice in protocol decisions. Additionally, SRM holders benefit from discounted transaction fees and can participate in staking, offering incentives that support the network's security and growth.

What should I do if I encounter issues using Serum?

If you encounter issues using Serum, consider visiting their official documentation on the Project Serum portal for guidance. Engaging with community forums and discussion groups can also provide insights and solutions. Additionally, leveraging the support provided through Serum’s channels may assist in troubleshooting specific platform-related challenges.

FAQ

Company is unclaimed. Do you work for or own this company?

Description

Socials

Tags