TL;DR: Serum DEX is the core infrastructure powering financial and other major projects on the Solana ecosystem. Protocols with trading-related features benefit from being able to use Serum DEX’s central limit order book (CLOB) for trading, data, pricing, and risk management. One can build a myriad of sophisticated financial services on top of the DEX and all composing with each other to deliver synergistic value. Nevertheless, the entire ecosystem bottoms out at Serum DEX, which collects DEX fees that go to $SRM buy and burn. …


Welcome readers new and old to the Serum Newsletter #27! As the Serum and Solana ecosystems grow we make sure to provide you information on all the updates and interesting things that are being built.

Serum Discord: https://discord.gg/fQZ5sjKm

Burns and Staking Rewards

Project Serum has passed $3B in trading volume since inception, burned 1.2M $SRM.

This week 55708.39 $SRM was burned and 13927.10 $SRM was dropped on stakers. $657,359 at current prices. Last week 89,466.08 $SRM was burned and 22,366.52 $SRM was rewarded to $SRM stakers! This is $1,055,699.74 at current prices.

Serum Growth

Serum is seeing a powerful inflow of new users and…


TL;DR: Serum DEX is the plumbing and infrastructure for financial projects building on the Solana ecosystem. Protocols with any trading-related features benefit by sending their bids and offers to Serum DEX’s central limit order book (CLOB). The advantages are Solana’s ultra low costs and latency, combined with Serum’s liquidity which is bolstered by some of the largest market makers including Alameda and Jump. $SRM holders benefit when projects add liquidity and volume to Serum DEX, as DEX fees go towards buy and burn. This model showcases how Serum will flourish. Our friend, Raydium Protocol, is an illustrative case.

DeFi moves…


Welcome readers new and old to the Serum Newsletter #26! As the Serum and Solana ecosystems grow we make sure to provide you information on all the updates and interesting things that are being built.

Serum Discord: https://discord.gg/qejNDsux

Burns and Staking Rewards

Project Serum has passed $2B in trading volume since inception, burned 1.04M $SRM. This week 40553.62 $SRM was burned and 10138.41 $SRM was dropped as rewards for stakers. This is $372,586 at the current price of $SRM.

Serum Docs and Guides

We’ve begun the process of transitioning all of our help articles from https://serum-academy.com/en/ to https://serum.gitbook.io/serum/. …


Welcome readers new and old to the Serum Newsletter #25! As the Serum and Solana ecosystems grow we make sure to provide you information on all the updates and interesting things that are being built.

Serum Discord: https://discord.gg/JaBTgFq3

Burns and Staking Rewards

Project Serum has passed $1.8B in trading volume since inception, burned 980K $SRM and dropped 39,350 $SRM as on-chain staking rewards. This week alone 38,136.61 $SRM was burned and 9534.15 $SRM was dropped on stakers. $272,677 at the present $SRM price.

Sollet.io Chrome Extension

Sollet is now available as a Chrome extension and it interacts with all the same dapps that work with the…


Welcome readers new and old to the Serum Newsletter #24! As the Serum and Solana ecosystems grow we make sure to provide you information on all the updates and interesting things that are being built.

Serum Discord: https://discord.gg/r8FtEwj4

Burns and Staking Rewards

Project Serum has passed $1.71B in trading volume since inception, burned 941K $SRM and dropped 29,816 $SRM as on-chain staking rewards.

Solana x Serum Hackathon

Faced with many promising teams and projects the judges have taken great care to choose the submissions that presented the strongest combination of functionality, potential impact, novelty, design, and composability.

Congratulations to the winners: Mango Markets, PsyOptions, Synthetify, Parrot, ForeSight


Welcome readers to the Serum Newsletter #23! As the Serum and Solana ecosystems grow we make sure to provide you information on all the updates and interesting things that are being built.

Serum Discord: https://discord.gg/Su2xeyHs

Buy and Burn

Project Serum has passed $1.56B in trading volume since inception and burned 913K $SRM.

Serum Swap Liquidity Migration

Now that swap.projectserum.com v2 is live the final liquidity migration will be occurring at 03/17 12:01AM UTC.

Anchor Update

Anchor is a framework for Solana’s Sealevel runtime providing several convenient developer tools. If you’re familiar with developing in Ethereum’s Solidity, Truffle, web3.js or Parity’s Ink!, then the experience will be familiar…


Welcome readers to the Serum Newsletter #22! As the Serum and Solana ecosystems grow we make sure to provide you information on all the updates and interesting things that are being built.

Serum Discord: https://discord.gg/7MDTXNVa

Buy and Burn

Project Serum has passed $1.5B in trading volume since inception and burned 897K $SRM.

Governance

Bonfida has also launched a fully on-chain governance proposal for Serum pools!
https://bonfida.com/dex/#/vote

Hackathon Submissions!

Mango Markets

Has continued to build non-stop and is approaching launch. Their beta-testing phase was a success with several bugs squashed and seamless trading as the forecast!

PsyOptions

Bonfida Bots Potentially Gaining a Big Player

Raydium v3 is Live!

High APY’s, evergrowing TVL and new pairs!


Welcome readers to the Serum Newsletter #21! As the Serum and Solana ecosystems grow we make sure to provide you information on all the updates and interesting things that are being built.

Serum Discord: https://discord.gg/jNTtrY4w

Buy and Burn

Project Serum has passed $1.47B in trading volume since inception and burned 888K $SRM.

On-chain Staking!

The first batch of rewards were given to on-chain SRM stakers. Rewards will be 20% of Serum DEX fees and paid weekly.

Solana x Serum Hackathon + Seedfunding Round

The hackathon has concluded, and we are now in the judging phase for all the submitted projects. …


Welcome readers to the Serum Newsletter #20! As the Serum and Solana ecosystems grow we make sure to provide you information on all the updates and interesting things that are being built.

Serum Discord: https://discord.gg/jNTtrY4w

It’s over $1billion!

Serum DEX has officially passed $1B in volume since inception. In the last week alone it has had almost $400m in volume.

Raydium — Radioactive Farming

Serum

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

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