Serum
$0.2444
-5.5%(24h)Today
-5.5%
30 Days
-68.7%
Price Change (24h)
-$0.0141
View on TradingView
Price of Serum Today
The live price of Serum is $0.2444 per SRM/USD, -5.46% in the last 24 hours. It has a market cap of $91.12M and $472.90K in trading volume over the same period. Prices are averaged across every exchange we track and update continuously. SRM has a circulating supply of 372.78M.
Current price
$0.244424h high
$0.280024h low
$0.238624h
-5.46%7d
+0.97%30d change
-68.74%SRM Market Stats
Rank
#1975
By market cap
Market Cap
$91.12M
Estimated from supply
24h Volume
$472.90K
Across 1 exchanges
FDV
$2.44B
If all tokens were issued
Circulating Supply
372.78M SRM
3.7% of max supply issued
Total Supply
9.99B SRM
Max Supply
10B SRM
Listed on
1 exchanges
Website & Community
Where to buy Serum
Serum is available on 1 exchanges. Prices shown are live.
| Exchange | Pair | Volume | Trade |
|---|---|---|---|
| Binance | SRMUSDT | $472.90K | Buy SRM on Binance |
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People also ask about Serum
What Is Serum?
Serum is a decentralized exchange platform designed to bring high speed and low costs to decentralized finance. It features a fully on-chain central limit order book and matching engine, allowing other projects to integrate with its liquidity and trading infrastructure. The platform aims to overcome issues like high gas fees and slow transactions common on other networks, while also addressing centralization and fragmented liquidity. Its token, SRM, serves both as a utility and governance asset, offering fee discounts and voting rights, with exchange fees being used for buy-and-burn, staking rewards, and ecosystem grants.
Who Are the Founders of Serum?
Serum was created as an open-source initiative by a group of partners, including FTX, Alameda Research, and the Solana Foundation. Its ongoing development is managed by the Serum Foundation, which is supported by professionals in cryptocurrency, trading, and decentralized finance. The project's design and direction have been shaped by insights from various firms within the crypto and financial sectors.
What Makes SRM Unique?
Serum's distinctiveness lies in its on-chain central limit order book and matching engine, which provides liquidity and price-time-priority order matching. This allows traders to specify price, size, and direction for their trades, while integrating projects can leverage Serum's existing infrastructure, initial liquidity, and matching services without needing to build their own.
How Many Serum (SRM) Coins Are There in Circulation?
As of August 2021, the circulating supply of Serum (SRM) is approximately 54.86 million tokens, with a maximum supply capped at 10 billion SRM.
How Is the Serum Network Secured?
Serum operates on the Solana blockchain, which is permissionless and capable of processing up to 50,000 transactions per second with 400-millisecond block times. This performance is enabled by a verifiable delay function using a SHA-256 hash chain. The network's design aims to make decentralized finance competitive with centralized services in terms of speed and efficiency.
Where Can You Buy Serum (SRM)?
Serum (SRM) is available for trading on multiple exchanges, including Binance, OKEx, HBTC, BitZ, Xtheta Global, and FTX. For those new to cryptocurrency trading, there are guides available to assist with the buying process.
What is Serum?
Serum is a decentralized exchange (DEX) and ecosystem built on the Solana blockchain, aiming to address common issues in decentralized finance such as high transaction costs, slow processing times, and fragmented liquidity. Its core feature is a fully on-chain central limit order book and matching engine, which allows traders to specify price, size, and direction for their orders. This design also enables other projects to integrate with Serum’s order book to access shared liquidity for their own trading platforms.
The project’s native token, SRM, serves both utility and governance purposes. Holders can receive discounts on protocol fees and participate in voting, while a portion of exchange fees is directed back to SRM holders through mechanisms like buy-and-burn, staking rewards, and ecosystem grants. Serum was created as an open-source initiative by a consortium that includes FTX, Alameda Research, and the Solana Foundation, with ongoing development supported by the Serum Foundation.
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Serum operates on Solana, which is designed to handle high transaction throughput and fast block times. As of August 2021, the circulating supply of SRM was approximately 54.86 million tokens, out of a maximum supply of 10 billion. The token is available for trading on several cryptocurrency exchanges, including Binance, OKEx, and FTX.