SerumSRM
Convert SRM to your currency
Last Updated on Oct 03, 2025 07:40 PM
What is Serum?
About the coin
Serum is a decentralized exchange (DEX) protocol and ecosystem designed to bring unprecedented speed and low transaction costs to the decentralized finance (DeFi) space. It is built on the Solana blockchain, which is known for its high throughput and scalability, allowing Serum to process transactions quickly and efficiently.
Main features
One of the standout features of Serum is its fully on-chain order book. This feature provides the efficiency and trading capabilities similar to traditional centralized exchanges but within a fully decentralized setting. The on-chain order book allows users to have more control over their trading strategies and offers a transparent and open trading environment.
How it works
Serum operates on the Solana blockchain, leveraging its high-speed and low-cost infrastructure to facilitate fast and efficient trading. The protocol's design enables it to handle a large number of transactions per second, making it suitable for high-frequency trading and other complex trading strategies. Serum's integration with Solana also means that it benefits from the blockchain's security and decentralization features.
Wallet for Serum
Experience the future of Crypto Wallets with Tangem
Tangem supports networks for Serum
- Ethereum
- Bnb Smart Chain
- Solana
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Serum FAQ
- Owning cryptocurrency can be important for several reasons: it provides a decentralized way to store and transfer value, offers potential for investment growth, enables participation in emerging financial technologies, and can be used for secure and private transactions.
- A cryptocurrency wallet is a tool or device that allows you to store, manage, and use your cryptocurrency. It keeps your private keys secure and enables you to interact with various blockchain networks, including Bitcoin and Ethereum.
- When choosing a cryptocurrency wallet, consider factors such as security, ease of use, and cryptocurrencies supported. Also determine whether you prefer a hardware or software wallets. Research reviews and compare features to find the best option for your needs.
- Serum launched on30th Augustand already has over 22 trading pairs. The SRM token is also live and today has a market cap of over USD100m. Since the launch, FTX (Serum's creator) and its founder Sam Bankman-Fried have been featured heavily in the news.
- Serum Use Case:Trading Fees PaymentFinally, the SRM token is majorly used in the network to pay trading fees in the DEX. The Serum platform, as mentioned earlier, is a decentralized exchange network based on the Solana chain. In every transaction passing through the Dex, Serum will charge some fees for completion.
- About SerumSRM has a circulating supply of 263.24 M SRM and a max supply of10.16 B SRM.
How to secure Serum with Tangem Wallet?
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Why choose Serum wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
Innovative Design Options. Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
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