Serum Newsletter #65
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!
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 🇺🇦
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:
Friktion hits 1BL in options traded 💸
A big step in the Solana ecosystem for Options to reach this amount of volume in less than 3 months!
Who’s Building on Serum? 🔧
This list is not exhaustive but hopefully illustrates some of the exciting project’s 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 email@example.com.
We’re always happy to answer questions or assist you in any way we can!
Serum Discord: https://discord.com/invite/zxPsXcB
Serum Telegram: https://t.me/ProjectSerum