About Serum
Trading Insights
Traders
88
Searched
35
Market Stats
Market Cap
£4.02M
12.16%
FDV
£115.51M
Circ. Supply
263M SRM
Max Supply
10B SRM
Total Supply
1.1B SRM
Total Value Locked
£14.84M
Diluted Valuation
£12.62M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
£208.61K
-18.64%
Volume (7D)
£1.29M
Volume (30D)
£5.11M
All time high
£9.59
Price Change (1Y)
-50.9%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Additional details
Recent trends
The price of Serum has decreased by 0.67% in the last hour and increased by 10.75% in the past 24 hours. Serum’s price has also risen by 14.07% in the past week. The current price is £0.0114 per SRM with a 24-hour trading volume of £208.61K. Currently, Serum is valued at 99.88% below its all time high of £9.59. This all-time high was the highest price paid for Serum since its launch.
The current circulating supply of Serum is 263,244,669 SRM which means that Serum has as total market cap of £4,021,661.20.
Market details
SRM vs markets
↘ 70.72%
SRM vs BTC
↘ 72.46%
SRM vs ETH
↘ 52.4%
Tags
decentralized-exchange-dex-token
defi
derivatives
smart-contracts
+2
Network & Addresses
Network | Address | |
|---|---|---|
Solana | SRMuApVNdxXokk5GT7XD5cUUgXMBCoAz2LHeuAoKWRt | |
BNB Smart Chain | 0xd63CDf02853D759831550fAe7dF8FFfE0B317b39 | |
Ethereum | 0x476c5E26a75bd202a9683ffD34359C0CC15be0fF |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.0114 | ↗ 10.75% |
1 Day | £0.0104 | ↗ 10.75% |
1 Week | £0.0101 | ↗ 14.07% |
1 Month | £0.0105 | ↗ 8.83% |
1 Year | £0.0242 | ↘ 50.90% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
Serum describes itself as a protocol and ecosystem for decentralized exchanges (DEX) that gives decentralized finance, exceptional speed, and cheap transaction costs. The Serum is based on Solana and is fully permissionless. Websites or applications that use Serum's protocol may adjust the experience to their target market's use case and compliance requirements.
Serum's ultimate goal is to accelerate De-Fi adoption across the world. Serum intends to offer De-Fi centralized exchanges, the speed and convenience while staying completely trustless and transparent. Further, users and developers were restricted by high gas prices and delayed transactions due to the popularity of De-Fi and the expansion of DEXs on Ethereum. The goal of Serum is to address these concerns and issues of centralization, capital inefficiencies, and liquidity fragmentation.
The whitepaper mentions that Serum is a decentralized exchange that offers trustless cross-chain trading at the speed and pricing that users choose. Despite being native to Solana, the ecosystem is interoperable with the Ethereum ecosystem and ERC20tokens. Developers are claimed to have complete control and freedom due to a decentralized on-chain order matching service that offers an infrastructure for trading apps. It is also claimed that anyone can build a trading app that can use Serum's liquidity and ecosystem advantages.
Serum offers a completely on-chain order book, allowing trading interfaces and other applications to 'plug into' Serum's modular ecosystem. The flexibility to determine the price, size, and direction of their transaction is claimed as a unique feature of this exchange mechanism for users. Serum DEX, built on top of the Asset Agnostic Order book, gives the ecosystem a larger pool of liquidity and a shared resource to support trading functionality. Permissioned marketplaces provide much more freedom and conformity.
Furthermore, Serum allows many applications and participants to share middleware in a single location. Serum-based programs offer more freedom while still adhering to basic design rules like composability. The native token of the ecosystem is SRM. Serum's utility and governance token is also SRM. The users get a fee reduction if they keep SRM in their wallets. SRM is completely integrated with Serum and can take advantage of burn fees.
Serum was founded on August 31, 2020. The whitepaper was published in July 2020. The total supply of SRM is ten billion coins.
We update our Serum to GBP currency in real-time. Get the live price of Serum on Coinbase.
The current market cap of Serum is £4.02M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Serum is £9.59. This all-time high is highest price paid for Serum since it was launched.
Over the last 24 hours, the trading volume of Serum is £208.61K.
Assets that have a similar market cap to Serum include Expand, Decubate, Efinity Token, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Serum is 263 million.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.