Serum (SRM) Feed: Events, News & Roadmap
Serum Events on the Chart
What is Serum?
Serum (SRM) is a fully decentralized exchange (DEX) built on the Solana blockchain.
Key features and benefits of Serum include:
High Throughput: Leveraging the Solana blockchain, Serum can handle thousands of transactions per second at minimal costs.
Cross-chain Interoperability: Serum offers bridges for connectivity with other major blockchains, allowing assets to be traded across different networks.
Centralized Order Book: Unlike many other DEXs, Serum employs a centralized order book, giving it an interface similar to traditional exchanges but without a central point of failure.
Decentralized Staking Mechanism: Serum introduces a unique staking mechanism where participants can stake their SRM tokens for additional benefits, like reduced trading fees.
Transparency and Security: All transactions in Serum are on-chain, making it fully transparent and secure for all participants.
The SRM token plays a pivotal role in the Serum ecosystem, providing governance, staking opportunities, and other economic incentives to bolster the platform’s security and efficiency.