Serum Newsletter #51
Welcome, everyone, to Serum Newsletter #51! Yet another week of eye-catching headlines and updates throughout the Serum and Solana ecosystems. Things are never the same for too long. It can be dizzying to try and keep up; that’s where or newsletter comes in. We hope you’ll enjoy this week’s summary.
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Announcements: https://t.me/ProjectSerum_announcements
Burns 🔥 and Staking Rewards
This week, 216K SRM was burned — that’s $1,4M worth at current prices!
Serum at Solana BreakPoint
What a week! 🙌 We are grateful for the wonderful events organised by the Solana team and inspired by all the builders in the ecosystem!
Solana Breakpoint 2021 🥳
The first ever conference for the Solana ecosystem in beautiful Lisbon, Portugal, had three days of some of the most interesting conversations in the crypto industry.
Did you miss out? Video of every session is available online! 📺
Raydium and Project Serum 🌌
We are glad to announce that Raydium is cooperating with Serum to kick-off a yield farming initiative to further drive trading, bridged assets, and cross-chain liquidity on Solana!
RiskSwap and Project Serum 💧
Serum succeeded in creating an #onchain #orderbook — a crucially important $DeFi development. We believe that the Serum agnostic order book perfectly matches the goals of RiskSwap: to provide seamless, fast and, convenient derivatives trading for all user groups.
Brave 🤝 Solana
Brave will integrate the Solana blockchain into the Brave browser, providing default Solana ecosystem support to Brave’s 42 million monthly active users and 1.3 million verified Creators. Brave will soon default to Solana for cross-chain and Solana native DApps.
“With more and more users and creators requiring tools for fast and affordable access to the decentralized Web, this integration will seamlessly pave the way for the next billion crypto users to harness applications and tokens,” said Brendan Eich, CEO and co-founder of Brave.
The Graph Integrating 🌞 Solana
The integration will address existing friction points for dapp builders. The Graph will make it easier for developers to things such as query the Solana blockchain, access historical data, or visualize data analytics!
Sonar Watch IDO 🚀
Get ready for Sonar Watch upcoming IDO on Solanium! The most accurate tracking tool on Solana with 15+ protocols and 500+ pools and farms tracked.
Jet Protocol Fundraising 💰
Jet Announces $6.8 Million Follow-on Round with Paradigm, Reciprocal Ventures, Solana Ventures and more.
“Lending & borrowing are core primitives of DeFi infrastructure. Jet has one of the strongest and most experienced teams in crypto, and we’re incredibly excited to help them build out the Solana ecosystem.” — Georgios Konstantopoulos, Research Partner at Paradigm
Atrix Protocol 📚
Another insightful thread from the Atrix Protocol team, this time demystifying the concept of permissionless pools and farms
Pyth network partners with XBTO Group
“XBTO is fortunate to have the leading expertise, technology, and resources to distribute trusted, secure market data, and we are pleased to share these insights as a provider on the Pyth Network. With an expansive history working in global cryptofinance, we strive to establish industry-wide trust and transparency — and Pyth’s capabilities to increase broad access to market data bring us one step closer to achieving this goal, together.” Philippe Bekhazi, XBTO CEO
Pyth network partners with Apifiny
“At Apifiny, we strive to grow the digital asset ecosystem by connecting the highly fragmented crypto market into one, unified global marketplace. We look forward to contributing to a reliable oracle solution that can benefit the DeFi ecosystem and help drive institutional adoption.” Haohan Xu, CEO of Apifiny.
Who’s Building on Serum? 🔧
This list is not exhaustive but hopefully illustrates some of the exciting projects building within the Serum ecosystem!
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!
