Serum Newsletter #65

2 min readMar 23, 2022

Welcome, readers, to Serum Newsletter #65! Big movements in the Serum and Solana ecosystems! In this week’s issue, we sum up the recent events in the ecosystem and some updates on our favorite and upcoming Serum-oriented projects! Stay tuned, and have a great week!

Burns 🔥

This week, 211,180.09 $SRM was burned. That’s $524732.8 at the current price!

Serum DEX Volume almost hits 1bn in 24 Hours ⏫

Volume has been increasing in the Solana space these past few weeks, now competing for the first place!

$500K Ecosystem Prize for Development of a Cross-Chain Exchange 💰

First-ever Ecosystem Project Prize of up to $500K USD investment, with additional $SRM grants, to a project that offers a seamless Serum trading experience for users without requiring them to set up a Solana wallet or own any SOL, read more:

DAO Proposal to donate 100k $SRM to Ukraine 🇺🇦

Vote on: https://realms.today/dao/SERUM/proposal/GguGhTRBN12q2xP2pJcuhAqv6u1CJ6FqCf8V6F7CcHKG

01 Exchanges launches $APE Perpetuals 🐵

First and only DEX to offer futures market on $APE, read more:

SOL domains are now available to trade anywhere📢

Big marketplaces such as FTX.us, MagicEden, and Solanart. See the list below:

Mercurial to launch a Dynamic Yield Infrastructure ⚗️

“Liquidity from protocols leveraging this layer will be allocated to lending platforms and adjusted dynamically for optimal yield” Read this thread:

Oxygen Light Launch 🏦

“Simpler, faster, and cheaper way to borrow digital assets to trade with leverage or get liquidity, and generate passive income on Solana”, try it out: