### What Is Serum? Serum is a decentralized exchange (DEX) platform designed to facilitate fast and cost-effective trading on the blockchain. Developed to address the inherent issues of decentralization, it offers a suite of innovative solutions for traders and developers seeking an improved cryptocurrency exchange experience. By leveraging the Solana blockchain, Serum can execute trades with greater speed and significantly lower transaction costs compared to traditional blockchain networks. As a non-custodial platform, Serum ensures that users retain control over their funds, thereby enhancing security and transparency in transactions. The platform is built with interoperable features, allowing seamless integration with other blockchain projects. It also supports a cross-chain trading mechanism, enabling users to exchange assets from various blockchain networks efficiently. For those interested in learning more about Serum's market performance, price trends, and other relevant data, such information can be found on Eulerpool.
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.














