Serum Newsletter #50

3 min readNov 5, 2021

Welcome, readers, to Serum Newsletter #50! 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

This week, 62K SRM was burned — that’s $504K worth at current prices!

Coin98 Interview 🎙️

Coin98 is a classic. Chances are, you know the team for their powerful research analytics, their pertinent infographics across ‘Crypto Twitter’, their multi-chain web and (one of the earliest) mobile wallets, the Coin98 Exchange — a multi-chain liquidity aggregator, and much more. This week, we are joined by the Coin98 team, who shared their journey and leap of faith into the Solana realm, their user-centric philosophy, and the (trite and true) formula to their success.

Project Serum $100M Liquidity💧Mining Program

The initial allocation was approved by Serum’s decentralized autonomous organization, or DAO, the project announced Thursday. The sum, paid out in Serum’s native SRM token, will be used as a reward mechanism for automated market makers that work directly with Serum’s on-chain order book.

Zeta Markets 🔦

We’re thrilled to be working closely with Zeta Markets, who are one of the leading decentralised derivatives platforms on Solana. In this Spotlight report, we provide a quick refresher on the Zeta Markets project, followed by an overview on how their platform will utilize Serum’s architecture to create a fast, liquid, and ecosystem-oriented DEX for Solana futures and options.

Wormhole Monthly Recap 📰

Find out about the most important things that happened within the Wormhole ecosystem!

Star Atlas In-Game Currency 👨‍🚀

Mark your calendar! $ATLAS will soon enable you to acquire your dream spaceship in the Star Atlas metaverse!

Sonar Watch V2 🖥 ️Available

Try out @Sonarwatch V2 today! Do not hesitate to share your feedback with the team. The dashboard of Sonar Watch allows you to monitor your Solana addresses and their different exposures.

PsyOptions American Style Option

Do you like option trading? PsyOptions has you covered! Pun intended.

Aurory 🦊 Token Staking

Have you ever looked closely at Aurory main character’s tail?

Hint: we have a thing in common.

Pyth network partners with DeFi Technologies

“This important collaboration demonstrates our commitment to accelerating the growth of the decentralized finance ecosystem and actively supporting the development of its infrastructure,’ Diana Biggs, Chief Strategy Officer of DeFi Technologies.

Pyth network partners with Tower Research Capital

“We are excited to be part of the Pyth Network which we hope has the potential to improve how market data is used in the DeFi ecosystem. At Tower we live by our entrepreneurial spirit and are very eager to embark on this challenge with Pyth” Albert An, CEO of Tower Research Capital.