Serum Logo

Serum SRM

Serum header image

1. Summary

Ranks

Liquidity
65
Developer
69
Social
66
Momentum (beta)
40
Stack Rank™
25
Price
52W High price $0.14
52W High date 1st Jul 2023 (1 year ago)
All Time High (ATH) Date 11th Sep 2021 (3 years ago)
ATH Price $13.78
% From ATH -99.75%
All Time Low (ATL) Date 20th Oct 2023 (1 year ago)
ATL Price $0.03
% From ATL 26.17%
Supply & Trading Volume
Trading Volume (24h) $930,561.00
Total Supply 1.09B
Max Supply 10.16B
Circulating Supply 372.78M
Description

Overview

Overview

Serum is a trustless, functional, and decentralized exchange that enables cross-chain transactions. It operates on both the Solana and Ethereum blockchains, running the Solana blockchain SPL token standard and Ethereum blockchain ERC-20 token standard.

Token

The Serum token, SRM, is the utility and governance token for the platform. It grants its holders governance rights to the protocol, protocol rewards, and discounts on trading fees. SRM can be used to earn passive income through staking rewards and can reduce trading fees by up to 60%. Additionally, holders can participate in on-chain governance and vote on updates to certain parameters of the project.

MegaSerum (MSRM)

MegaSerum (MSRM) is a token consisting of 1,000,000 stacked SRM tokens. It provides larger benefits to holders compared to SRM alone.

Tokenomics

10% of the total SRM tokens are unlocked initially. The remaining 90% follow the same unlock schedule, which includes a one-year lockup period and a subsequent six-year linear unlock.

Fees

All fees collected by Serum go to the benefit of SRM tokens. The fees are returned via a buy and burn mechanism and potentially through staking rewards or ecosystem grants. This increases the overall value of the SRM token.

Company

Project Serum is the operating company behind the Serum DEX and SRM token. It has received a total funding amount of $120 million as of January 7, 2022. The company can be contacted at [email protected].

2. Price

SRM

2.1. Market Performance

How does Serum's (SRM) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-8.5%

SRM

-14.4%

Similar Market Cap

60 Day Return

-20.5%

SRM

-40.8%

Similar Market Cap

1 Year Return

-73.7%

SRM

-18.3%

Similar Market Cap

3. Developer Activity

We're monitoring 30 Serum GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Serum Repos)

Commits vs. The Market

  • Past 4 weeks: 22 commits vs. an average of 1
  • Past 12 weeks: 59 commits vs. an average of 8
  • Past year: 217 commits vs. an average of 113

Most Active Repos

Past week 0
Past 12 weeks 0
Past year 1075
Past week 9
Past 12 weeks 49
Past year 661
Past week 37
Past 12 weeks 158
Past year 429
Past week 14
Past 12 weeks 38
Past year 406
Past week 8
Past 12 weeks 45
Past year 235

Top Developers 2024

In total, 433 developers have contributed to Serum over the past year. Who are the most active Serum developers, by commits, over the past year?

Related Projects

Developers working on Serum also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 0
Active Reddit Users (past 24h) 0
Discord users
Active Discord Users
Telegram Users 6,197
Twitter followers 4,294
5. News
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://projectserum.com/
Explorer https://etherscan.io/token/0x476c5e26a75bd202a9683...
Twitter @projectserum
Whitepaper https://whitepaper.io/document/626/serum-whitepaper

What is the correct contract address for Serum?

Energi 0x83af4137ed450f4765a72831dd938b5203f5d2fb
Solana SRMuApVNdxXokk5GT7XD5cUUgXMBCoAz2LHeuAoKWRt
Ethereum 0x476c5e26a75bd202a9683ffd34359c0cc15be0ff
Tomochain 0xc01643ac912b6a8ffc50cf8c1390934a6142bc91

Has Serum been audited for security?

No security audits found for this project.

Are you the owner of Serum? Edit it here

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