Serum Newsletter #23

Project Serum
2 min readMar 16, 2021

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. Although the DSL syntax and semantics are targeted at Solana, the high level flow of writing RPC request handlers, emitting an IDL, and generating clients from IDL is the same.

Oxygen: The Defi Prime Brokerage

Oxygen recently had a few incredibly successful IEO’s, and today has it’s IDO on Serum. For details see here: https://bonfida.com/dex/#/ido

For those that may be wondering what Oxygen Protocol is, you’re in luck because Sam wrote one of his infamous threads:

And, there’s also a lovely explainer video that breaks down what Oxygen the DeFi Prime Brokerage is:

Bonfida Bots — Changing the Game

Have you ever dreamt of on chain trading bots? Well, Bonfida bots enable automation of trading strategies and copy trading on Serum. It’s no longer necessary to give up your API keys to centralized third parties anymore.

This thread gives a complete rundown of how it works and how easy it is to setup. You can easily connect a TradingView strategy to Bonfida bots and have it seamlessly trade for you. https://bots.bonfida.com/

For further information check out this thread: https://twitter.com/bonfida/status/1371327431802454018

Mango Update

If you have any questions or wish to build in the Serum ecosystem please feel free to reach out to us at contact@projectserum.com. We’re always happy to answer questions or aid in any way we can!

--

--

Project Serum

Project Serum is a decentralized liquidity infrastructure protocol. Learn more at https://projectserum.com