Serum Newsletter #31

Welcome, readers, to Serum Newsletter #31! The fun never ends in Serum and Solana land! As always, there’s tons of updates to cover. We’ll give you a run-through of some of the most exciting and headline-grabbing events, as well as some content we’ve found especially educational.

Serum Discord: https://discord.gg/V9Xzqqxj

Serum Telegram: https://t.me/ProjectSerum

Announcements: https://t.me/ProjectSerum_announcements

Burns 🔥 and Staking Rewards

Project Serum has surpassed $5.02B in trading volume since inception.

This week, 46,162 SRM was burned and 11,538 SRM was dropped onto stakers — This is $173k worth at current prices.

Project Serum releases a new website ! 💥

The team is proud to present the brand new Project Serum website! Come check it out and explore what’s Built on Serum and tell us what you think!

SOL is precious, so here’s a little trick 👇

RenBTC 🔗 is launching on Solana !

Cross-chain infrastructure like RenVM on Solana and Serum will prove indispensable for growth!

Looking for a crypto gig? 💼 SolJobs is here!

Join an incredible team and play a key role in the most exciting, fastest growing ecosystem!

Insightful Interview

Cobie & Ledger had a chat with the founders of Solana, Anatoly Yakovenko and Raj Gokal. They discussed Solana, what makes it different from other L1s, and why they believe Solana blockchain will last. ☀️

You can watch it on YouTube.

Circle partners with Maps.me 🗺️

Through their new partnership, Circle and Maps.me will offer consumers using USD Coin (USDC), the world’s fastest growing dollar digital currency, simplified access to Maps.me’s DeFi ecosystem.

“DeFi is ready to go mainstream and Circle is a natural partner for the Maps.me ecosystem in driving mass adoption.” Alex Grebnev, Co-founder of Maps.me

Chris McCann strikes again

Chris takes a deep dive into the world of DeFi infrastructure and shows how it challenges traditional finance. A very good read! 🧠

Serum Pulse 📈

Hungry for Serum Markets analytics? Check out the newly released Serum Pulse! Serumpulse.com was developed by a member of the Serum community; we always love to see this kind of healthy growth and support!

LMAX joins Pyth Network as a 📊 data provider

“We believe the Pyth network built on the low latency Solana blockchain can revolutionise and democratise market data provision. This is a milestone for the industry as the DeFi ecosystem expands and we look forward to helping develop the network, which will be the primary market data oracle.” David Mercer, CEO of LMAX Group

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

@WormholeCrypto 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.

Foresight Markets prediction markets with ample exit liquidity and opportunities to earn spreads for MM’s

Mercurial Finance DeFi’s first dynamic vaults for stable assets on Solana

Symmetry Decentralized index protocol for easy diversification and passive earnings

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 contact@projectserum.com.

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