Serum Newsletter #53

Project Serum
3 min readDec 3, 2021

Welcome, readers, to Serum Newsletter #53! The excitement continues unabated in the Serum and Solana ecosystems! In this week’s issue, we summarize the recent parade of new milestone events in the ecosystem and some cool updates on our favourite Serum-oriented projects! Stay tuned, and have a great week!

Serum Discord: https://discord.com/invite/zxPsXcB

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

Announcements: https://t.me/ProjectSerum_announcements

Burns 🔥 and Staking Rewards

This week, 154K SRM was burned — that’s $900k worth at current prices!

Solana 101 — Proof Of History ⏳

Time is of the essence. If you’ve been trying to wrap your mind around what proof-of-history is, the railroad analogy by Solana is just perfect.

Atrix hits $100m in Wormhole TVL🎖️

Atrix has $725M TVL and $100M TVL in Wormhole tokens!

It’s never been easier to bridge your assets over Solana!

Zeta Markets and Serum 🤝

Always a good time to hear about how Serum has seen the Solana ecosystem grow since the early days!

Aurory PVP Arena 🦊

Aurory is doing a stellar job at making us want to play-to-earn all day!

Step Finance Weekly Update 🆕

The team at Step Finance keeps you in the loop!

Atrix Protocol 📚

Another insightful thread from the Atrix team, this time demystifying the concept of tracking assets and QOL

Mango UI Upgrade 🥭

Have you tried the Mango trading interface? We heard it’s fast and smooth!

HXRO NetworkFundraising 💰

“Think about Hxro Network as being very much B2B2C [business to business to consumer] where the network protocols are just software that sit at the base layer,” Dan Gunsberg, co-founder of Hxro Network

USDC 💲 on Solana

Since launching on Solana just over one year ago, USD Coin (USDC) has seen incredible adoption across one of the most performant and popular Layer 1 blockchains in the crypto ecosystem, now among the top 10 most valuable protocols. The Solana market cap has grown from less than $100 million this time last year to more than $60 billion today, making it one of the fastest growing projects in the history of crypto.

Bitfinex Listing ✅

You can finally acquire SRM on Bitfinex!

Kucoin Listing ✅

And also Kucoin! What a week for SRM!

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!

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Project Serum

Project Serum is a decentralized liquidity infrastructure protocol. Learn more at https://projectserum.com