Serum Newsletter #47

Welcome, readers, to Serum Newsletter #47! What’s new in the Serum and Solana ecosystems? In this last week, we witnessed yet another incredible line-up of exciting headlines. It just won’t end! Here’s the latest:

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 9.13B in trading volume since inception.

This week, 58.8K SRM was burned. This is $443K worth at current prices!

SymmetryInterview 🎙️

This week’s feature guest is no exception. We’re kicking off 4Q2021’s first Serum Story with Symmetry, the decentralized index protocol, portfolio management tool, and analytics suite. The Symmetry team give us a thorough tour of the upcoming portfolio management and index protocols (due soon for mainnet!), insight into why they’re building out indices and baskets in DeFi, and a small glimpse into their day-to-day thinking and motivation behind their efforts.

Project Serum TVL going north ↗️

We are delighted to witness the impressive growth of the Total Value Locked within our ecosystem! Keep BUIDLing

Zeta Markets 🤝 Project Serum

Zeta and Serum are aligned in their vision to bring new products to DeFi on Solana. We believe that this is a great step forward for DeFi derivatives on Solana, as we reduce parallel development in the ecosystem and provide community-oriented, ‘CeFi-like’ experience on Solana.

We are honoured by the kind words of Zeta Markets:

Serum is a world-class project on Solana. The team has delivered the Anchor framework, swap primitives, and best of all — Serum has pioneered a first-class on-chain orderbook. Zeta is looking to extend this, and create the world’s first on-chain orderbook-based derivative DEX

Raydium Order Routing 🛣️

All your swap will now check all roads in order to find their way!

DeFi Land Update 🚜

Our friends at DeFi Land are gathering all the different DeFi protocols at the same place under a beautiful front-end to gamify the entire farming process.

Off-piste 🤝 Project Serum

Serum is a major the protocol is built on Solana the seamless process of t+0 orderbook style orders and settlement on chain is truly remarkable

Star Atlas Builders 🛰️

Learn more about Star Atlas in-game play!

The builders of Star Atlas produce goods and improve technology. You will work and trade with extractors and refiners who supply natural resources — all represented by NFTs

Aurory In-game Footage 🎞️

Did you know? Aurory gives its NFT holders incentive to purchase and play!

Mango Advanced Orders 🥭

Stop Loss & Take Profit orders are common on centralized exchange but have been missing in the DEX landscape until today thanks to Mango Markets innovations!

Find out more here.

Solflare Mobile App Preview 📱

Very excited! Mobile wallet are incredibly useful for the Solana & Project Serum ecosystem.

Binance supports USDC & USDT in SPL format

Binance completes the USDC-SPL and USDT-SPL integration and has opened deposits and withdrawals for USDC and USDT on Solana network (SPL). Please find your assigned USDC and USDT deposit addresses on the Solana network in the Deposit Crypto page.

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

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

@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

@phantom wallet to interact with the ecosystem

@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

@Saber_HQ a cross-chain stablecoin and wrapped assets exchange on Solana

@gopartyparrot a liquidity network for lending & borrowing on Solana

@StepFinance_ visualise, analyse, execute and aggregate transactions across all Solana contracts in one place

@Solfarmio the efficient Solana yield aggregator

@offpiste_io powering the new frontier of the private capital markets

@slope_finance building the decentralized exchange for communities

@cyclosfi the first AMM bringing concentrated liquidity to 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 contact@projectserum.com.

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