Learn more about Serum
Serum is a decentralized exchange (DEX) and ecosystem that brings unprecedented speed and low transaction costs to decentralized finance. It is built on Solana and is completely permissionless.
On-chain Orderbooks:
Full limit orderbooks with an interface familiar to that of centralized exchanges
Speed:
Sub-second trading and settlement
Cost:
Lower transaction costs than any other DEX: $0.00001 per transaction
SRM token
* Up to 60% off fees
* 80% of DEX fees go to SRM buy & burns
Built on Solana
* 400ms Block time
* $0.00001 transaction cost
Orderbooks
An orderbook that's:
* Fully on-chain
* Entirely limit-order based
Serum (SRM) and MegaSerum (MSRM) are designed with the following principles in mind:
* Accrue value through utility, not hyperinflation
* All seed sales have long-term lockups; they are meant for long-term supporters of the Serum ecosystem, not quick profit
* 91.25% of all tokens have long-term unlocking periods, underscoring commitment to Serum
* MegaSerum (MSRM) is a scarce asset that gives increased utility to core believers in Serum
* SRM governance over all net revenue generated by the platform, which can be utilized as SRM stakers vote, include via yield, buy/burns, grants, or other usages
* SRM gives specialized governance power over Serum