Latest Update And Development on Project Serum Ecosystem

Published on: 18.10.2021

Serum brings the speed and convenience of centralized exchanges to DeFi while remaining fully trustless and transparent.

Past weeks Serum has complete several partnerships as well as AMA events with their community.

DETAILS AS FOLLOWS:

Burn and Staking Rewards

  • Project Serum has surpassed 9.13B in trading volume since inception
  • 58.8K SRM was burned worth  $443K at current prices

Project Serum also came up with an interview with Symmetry the decentralized index protocol, portfolio management tool, and analytics suite. Aside from these, Serum  impressive growth reaches $1.57B of the Total Value Locked

Serum was also reached a partnership with Zeta Market the platform that has a vision to create a fast, liquid, decentralized exchange for futures and options. Zeta and Serum are aligned in their vision to bring new products to DeFi on Solana. Zeta will utilize Serum to match orders for its derivative contracts, building on top of Serum’s new permissioned markets functionality to create the required logic for DeFi derivatives.

OTHER UPDATES AND PARTNERS OF SERUM

  • Raydium Order Routing
  • DeFi Land Partnership
  • Off-piste Partnership
  • Star Atlas Builder
  • Aurory Project

ABOUT Project Serum
Serum is a decentralized exchange (DEX) and ecosystem built on Solana that brings unprecedented speed and low transaction costs to decentralized finance

RESOURCES
Medium

Market Stats:
BTC Dominance: 54.55%(-0.08%/24h)
ETH Dominance: 15.07%(-0.15%/24h)
Defi Market Cap: $84.84B(+18.07%/24h)
Total Market Cap: $2351.75B(-0.79%/24h)
Total Trading Volume 24h: $89.08B(+7.05%/24h)
ETH Market Cap: $354.81B
Defi to ETH Ratio: 23.91%
Defi Dominance: 3.43%
Altcoin Market Cap: $1068.92B
Altcoin Volume 24h: $53.31B
Total Cryptocurrencies: 29739
Active Cryptocurrencies: 9960
Active Market Pairs: 82272
Active Exchanges: 765
Total Exchanges: 8532
BTC: 65111.81$(0.12%/1H)
ETH: 2949.87$(-0.03%/1H)
AVAX: 34.07$(0.03%/1H)
BNB: 569.64$(0.27%/1H)
MATIC: 0.68$(0.31%/1H)
FTM: 0.79$(0.42%/1H)
ADA: 0.46$(0.23%/1H)
DOT: 6.92$(-0.04%/1H)
UNI: 7.24$(0.23%/1H)
CAKE: 2.58$(0.09%/1H)
SUSHI: 1.1$(0.63%/1H)
ONE: 0.02$(0.08%/1H)