The edge that pays for itself.
Serum (SRM) Price
Serum Price
DeFi Analytics
Advantages of Cryptocurrency
Decentralization & Financial Freedom
Cryptocurrencies operate on decentralized networks, removing the need for intermediaries like banks. This enables peer-to-peer transactions, financial inclusion for the unbanked, and resistance to censorship or government control.
Transparency & Security
Blockchain technology provides an immutable, transparent ledger of all transactions. Cryptographic security makes it extremely difficult to counterfeit or double-spend, offering strong protection against fraud.
Global Accessibility
Anyone with an internet connection can send and receive cryptocurrency worldwide, 24/7, without geographic restrictions or banking hours. This is particularly valuable for international remittances.
Investment Potential
Cryptocurrencies have demonstrated significant long-term appreciation potential. Early investors in Bitcoin and Ethereum saw extraordinary returns, and the asset class offers portfolio diversification benefits.
Risks of Cryptocurrency
High Volatility
Cryptocurrency prices can fluctuate dramatically – often by 20–50% or more within short periods. This high volatility makes them inherently risky investments, and significant capital losses are possible.
Regulatory Uncertainty
The regulatory landscape for cryptocurrencies is still evolving globally. Sudden regulatory changes can significantly impact prices and accessibility, creating legal and compliance risks for investors and businesses.
Security Risks
Hacks, scams, and phishing attacks are prevalent in the crypto space. The irreversible nature of blockchain transactions means stolen funds are rarely recovered. Users must secure their private keys and wallets diligently.
Environmental Impact
Proof-of-Work cryptocurrencies like Bitcoin require substantial computational energy, raising environmental concerns. While the industry is transitioning toward more energy-efficient consensus mechanisms, the carbon footprint remains a significant criticism.
History of Cryptocurrency
The history of cryptocurrency begins with Bitcoin, introduced in 2009 by the pseudonymous Satoshi Nakamoto. The Bitcoin whitepaper, published in October 2008, proposed a peer-to-peer electronic cash system enabling online payments directly between parties without going through a financial institution.
Bitcoin's first recorded commercial transaction occurred in May 2010 when Laszlo Hanyecz paid 10,000 BTC for two pizzas – a transaction now celebrated annually as Bitcoin Pizza Day.
The Rise of Altcoins
Following Bitcoin's success, thousands of alternative cryptocurrencies (altcoins) emerged. Ethereum, launched in 2015 by Vitalik Buterin, introduced smart contracts – self-executing agreements coded into the blockchain – enabling decentralized applications (dApps) and decentralized finance (DeFi).
The ICO Boom and Market Crash
The years 2017–2018 saw an explosion of Initial Coin Offerings (ICOs), where new projects raised funds by selling tokens. Bitcoin reached nearly $20,000 in December 2017 before crashing dramatically in 2018, triggering a prolonged crypto winter.
Institutional Adoption
The 2020–2021 bull run saw unprecedented institutional interest, with companies like MicroStrategy and Tesla adding Bitcoin to their balance sheets. Bitcoin hit new all-time highs above $60,000. The launch of Bitcoin ETFs and growing regulatory clarity further legitimized the asset class.
DeFi, NFTs & Web3
Decentralized finance (DeFi) protocols, non-fungible tokens (NFTs), and the broader Web3 movement transformed the cryptocurrency landscape. Platforms like Uniswap, Aave, and OpenSea enabled entirely new financial and digital ownership models.
Today, the cryptocurrency market encompasses thousands of digital assets with a combined market capitalization in the trillions of dollars, representing a fundamental shift in how the world thinks about money, finance, and digital ownership.
Exchange
| Exchange | Market Pair | Price | Depth +2% | Depth -2% | Volume 24H | Volume % | Type | Liquidity Rating | Freshness |
|---|---|---|---|---|---|---|---|---|---|
| Gate | SRM/USDT | 0.01 | 574.23 | 84.35 | 78,146.77 | 0.00 | cex | 86.00 | 7/9/2025, 6:23 AM |
| CoinW | SRM/USDT | 0.01 | 0.00 | 0.00 | 69,040.58 | 0.00 | cex | 1.00 | 7/3/2025, 9:42 AM |
| MEXC | SRM/USDT | 0.01 | 113.02 | 14.85 | 59,115.25 | 0.00 | cex | 55.00 | 7/9/2025, 6:18 AM |
| Gate.io | SRM/TRY | 0.01 | 11.10 | 15.67 | 58,826.96 | 0.00 | cex | 1.00 | 4/21/2025, 3:40 PM |
| XXKK | SRM/USDT | 0.01 | 446.32 | 13.48 | 58,609.62 | 0.00 | cex | 1.00 | 7/9/2025, 6:21 AM |
| ICRYPEX | SRM/USDT | 0.01 | 0.00 | 0.00 | 31,813.61 | 0.09 | cex | 1.00 | 7/9/2025, 6:21 AM |
| Bitexen | SRM/TRY | 0.01 | 0.00 | 0.00 | 28,396.84 | 0.31 | cex | 0.00 | 7/9/2025, 6:21 AM |
| BVOX | SRM/USDT | 0.01 | 213.20 | 170.71 | 7,559.62 | 0.00 | cex | 2.00 | 7/9/2025, 6:18 AM |
| Mandala Exchange | SRM/USDT | 0.01 | 0.00 | 0.00 | 5,599.18 | 0.00 | cex | 1.00 | 6/25/2025, 5:36 PM |
| FMFW.io | SRM/USDT | 0.01 | 0.00 | 0.00 | 5,598.98 | 0.00 | cex | 1.00 | 6/25/2025, 5:36 PM |
Serum FAQ
Serum is a decentralized exchange (DEX) and ecosystem that offers unparalleled speed and low transaction costs to decentralized finance (DeFi). Serum stands as the sole high-performance DEX centered around a fully on-chain central limit order book and matching engine. Ecosystem partners can integrate with Serum’s on-chain orderbook to share liquidity and enhance their trading features for both institutional and retail users. Given the popularity of DeFi and the expansion of DEXes on Ethereum, users and developers face constraints due to high gas costs and slow transactions. Serum seeks to address these traditional DeFi challenges, as well as issues related to centralization, low capital efficiency, and liquidity segmentation. The SRM utility and governance token allows users to benefit from discounts on protocol fees and voting rights; 100% of exchange fees are channeled back to SRM through buy-and-burn mechanisms, staking rewards, and ecosystem grants.
Serum is an open-source initiative developed by a consortium of partners, including FTX, Alameda Research, and the Solana Foundation. The project's development is currently supported by the Serum Foundation, which is backed by a group of experts in cryptocurrency, trading, and decentralized finance. The design and conceptual framework of the project draw extensively from a diverse range of firms within the cryptocurrency and finance sectors.
Serum DEX's on-chain central limit order book and matching engine offers liquidity and price-time-priority matching to traders and integrated projects. This exchange model allows users to select the price, size, and direction of their trades. Integrated projects gain advantages from Serum's established architecture, bootstrapped liquidity, and matching service.
As of August 2021, Serum (SRM) has a circulating supply of 54,861,111 SRM, and a maximum supply of 10,000,000,000 SRM. You can find additional details about Serum on Eulerpool.
Serum is developed on the Solana blockchain and operates with complete permissionlessness. Solana is a web-scale blockchain that can achieve up to 50,000 transactions per second with block times of 400 milliseconds. This capability is facilitated by a verifiable delay function, specifically the SHA-256 hash chain. The architecture of Serum is intended to empower DeFi to compete effectively against centralized services.
Serum (SRM) is available for purchase and sale on various exchanges, including: * Binance * OKEx * HBTC * BitZ * Xtheta Global * FTX For those who are new to buying, selling, or trading cryptocurrencies, you can refer to our Bitcoin buying guide.
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