Serum Newsletter #45

Welcome, readers, to Serum Newsletter #45! What’s going on this time around in the Serum and Solana ecosystem? In this issue, we run through a number of new partnerships, live shows, and other exciting media releases by our favourite partners and ecosystem players! There’s plenty to check out and to be entertained by.

Serum Discord:

Serum Telegram:


Burns 🔥 and Staking Rewards

This week, 54.6K SRM was burned and 13.7K SRM was dropped onto stakers — This is $485k worth at current prices.

Project Serum: The Path to Decentralization

Solrise DEX Pro 🌞

Solrise DEX Pro is our way of bridging the world of institutions to DeFi without resorting to centralization. With Solana already being the most familiar DeFi ecosystem for traditional finance, we expect to become one of the primary hubs for institutions that wish to jump into the ecosystem. This permissioned DEX allows us to establish a parallel ecosystem of permissioned protocols.

Project Serum Ignition Prize 🏆

Check out the Project Ideas and Grants docs for more insights!

Serum X Solrise Twitter Space 🎙️

Mercurial X Wormhole 🤝

Congrats to the @MercurialFi team for constantly innovating.

FIDA Binance Listing ✅

Mango Getting Started Tutorials 🥭

Sonar Watch Medium 📚

Pyth network partners with GMO Coin

GMO Coin was established in October 2016 as a crypto assets exchange business and was registered as Type I Japanese Financial Instruments Business in May 2020. GMO Coin also provides crypto assets trading services, one of which enables leverage trading w/ safe and secure system

Who’s Building on Serum ? 🔧

@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

@DriftProtocol 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

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

Project Serum is a decentralized liquidity infrastructure protocol. Learn more at