Serum Newsletter #30

Welcome, readers, to Serum Newsletter #30! The Serum and Solana ecosystems continue to expand rapidly. Here are some new, exciting updates and coverage of the interesting things being built!

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Burns 🔥 and Staking Rewards

Project Serum has surpassed $4.94B in trading volume since inception.

This week, 50,939 SRM was burned and 12,732 SRM was dropped onto stakers — This is $272k worth at current prices.

Never been faster ! ⚡

Swap directly on Serum DEX from Sollet! It’s never been faster :

Give it a try at

Serum and Solana Listed on Kraken ! 🦑

SRM is now listed on Kraken, one of the biggest U.S. based cryptocurrency exchanges.

Solana Labs ☄️ New Funding

Solana Labs plans to launch an incubation studio to speed up the development of projects building on the Solana blockchain and set up a venture investing arm for the Solana ecosystem.

Why $314,159,265.359 million, you wonder? Because it represents the mathematical constant π multiplied by $100 million!

Solana appeared on 📺 CNBC !

Chris McCann collects “great” Solana Hackathon submissions 📓

Countless new and exciting projects are coming up in the Solana and Serum ecosystems thanks to the Hackathon. It can be hard to keep track! Chris McCann’s incredible coverage of the submissions makes it easier to track and visualize!

Spreadsheet link.

Chris McCann also put together a short list of great projects in the Solana ecosystem who are hiring.

Join the fastest growing blockchain ecosystem in the world today ! ☀️

Spreadsheet link.

Will Artists 🎨 fuel adoption?

Ecosystem Update

Aurory — play, earn collectibles, and generate yield ! 🎮

Moët Finance, derivatives on-chain. Please be careful 🍾 when trading options. One should always abstain from drinking and deriving.

Orca releases its new stablecoins pool!

Who’s building on Serum ? 🔧

This list is not exhaustive but hopefully illustrates some of the exciting projects building within the Serum ecosystem!

@ProjectSerum, yours truly, to provide plug-in orderbook matching and liquidity to devs to compose and seed their DApps

@phantom wallet to interact with the ecosystem

@WormholeOracle for bridging SPL with ETH and Terra

@RaydiumProtocol for swaps and liquidity pools

@mangomarkets for decentralized leveraged trading and borrow-lending infra

@MAPS_ME for integrating millions of users into DeFi ecosystem

@Oxygen_protocol for an on-chain prime brokerage

@staratlas powering an MMO game economy on the markets.

@aurory powering an in-game economy for multiple game modes

@OpenEra bridging an in-game money market with off-game markets

@PsyOptions launching a vanilla options protocol.

@bonfida providing a beautiful GUI interface and automated trading

@JetProtocol for permissionless borrow-lending

@COPE for trading leaderboard creation to power an index and automated investment product

@Media Network for a privacy-first and community-governed content delivery network

@PythNetwork Pyth is designed to bring real-world data on-chain on a sub-second timescale.

@Solrise as a decentralized fund management and investment protocol

@SolendProtocol decentralized protocol for lending and borrowing on Solana.

@ZetaMarkets the premier under-collateralized DeFi options platform built on Solana

@MoetFi capital-efficient derivatives exchange built on Solana.

And so many more!

If you have any questions or wish to build in the Serum ecosystem, please feel free to reach out to us at

We’re always happy to answer questions or assist you in any way we can!

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