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Serum Overview
24h High
$0.00
24h Low
$0.00
24h Change
+2.54%
7d Change
-11.75%
30d Change
-36.51%
Volume 24h
$22.56K
Market Cap
$923.66K
Circulating Supply
263.24M SRM
Serum News
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About Serum
Serum (SRM) is a cryptocurrency on Solana and Ethereum blockchains, known for its interoperability in DeFi. It can be converted into MegaSerum (MSRM) with 1 million SRM tokens. SRM is deflationary, with trading fees used to buy and burn tokens. It’s part of Project Serum, a DeFi ecosystem on Solana, featuring the Serum DEX for cross-chain swaps. SRM contributes to governance, staking for validator nodes, and reducing trading fees. SRM is used for staking, operating validator nodes on Serum DEX, and receiving reduced trading fees. It also plays a role in the DEX’s governance.
SRM is utilized for several purposes within the Project Serum ecosystem. It is primarily used for staking, which is mandatory to operate a validator node on the Serum DEX. This staking mechanism is central to maintaining the network's integrity and performance. Additionally, SRM holders can stake their tokens to receive reduced trading fees on the Serum DEX. SRM also plays a critical role in the governance of the DEX and future DeFi protocols, allowing token holders to participate in key decision-making processes.
Serum Markets
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Serum Platforms
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Serum Market Data
The live Serum price today is $0.00 USD with a 24-hour trading volume of $22,561.07 USD. We update our SRM to USD price in real-time. Serum is up 2.54% in the last 24 hours.
The current market cap is $923,663.22 USD, ranking #1040 by market capitalization. The circulating supply is 263,244,669 SRM.