Serum (SRM) price, chart, coin profile and news

Find the latest Serum (SRM) price, coin profile, news and history to get you started with Serum trading and investing.

Serum
SRM- USD
$1.05
- $0.05 ( - 4.72%)
CMS-HOLDINGS-PORTFOLIO
Crypto is unregulated in the UK; there's no consumer protection; value can rise or fall; tax on profits may apply.

What is Serum?

Serum is a protocol and decentralised exchange (DEX) that has been built atop the Solana blockchain. It offers interoperability across several blockchains, including Bitcoin and Ethereum. It utilises an order-book to facilitate and account for all of its internal trades, unlike most DEXs which use automated market makers (AMMs). The result is a user experience more similar to a centralised exchange. From an operational standpoint, the platform is able to handle a high transaction throughput, allowing for 50-65k transactions per second (TPS). SRM is the native cryptocurrency of Serum. It functions as an SPL token on the Solana blockchain and an ERC-20 token on the Ethereum network. It is primarily used for staking within the Serum ecosystem as well as for fee-reduction purposes when facilitating trades across the platform.

Serum (SRM) is the 123rd largest cryptocurrency in the world by market cap, valued at $390,525,672. The current price of Serum is $1.048, which is -4.059% lower than yesterday. Prices have ranged between $1.11 and $1.044 over the past 24 hours. All prices are listed in US dollars and accurate as of August 14, 2022 07:08 UTC.


Recent Serum developments

January 2021: The community foundation behind Serum, The Incentive Ecosystem Foundation, raised $100 million to support the DEX’s development.
December 2021: Wormhole and Serum announced an upcoming hackathon for developers building projects on the network. It is set to be worth $5 million and the winners will be announced in February.

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Serum (SRM) price

Use our graph to track the performance of (SRM) over time.

Serum at a glance

Information last updated August 14, 2022 07:08 UTC.
Coin symbol SRM
Coin Marketcap US$390,525,672
Total SRM supply 1,092,844,982
Circulating SRM 372,782,297
Current price US$1.048
All time high US$13.78
All time high date September 11, 2021
Notable team members Sam Bankman-Fried
Partnerships Jump Trading
Industry Decentralised exchange
Token uses Platform discounts
Network Solana

Serum price performance over time

Historical prices compared with the price of US$1.048.

1 hour 0.25%
24 hours -4.06%
7 days 3.09%
14 days 5.04%
30 days -2.47%
60 days 13.47%
200 days -50.52%
1 year -79.84%

Cryptocurrencies aren't regulated in the UK and there's no protection from the Financial Ombudsman or the Financial Services Compensation Scheme. Your capital is at risk. Capital gains tax on profits may apply.

Cryptocurrencies are speculative and investing in them involves significant risks - they're highly volatile, vulnerable to hacking and sensitive to secondary activity. The value of investments can fall as well as rise and you may get back less than you invested. Past performance is no guarantee of future results. This content shouldn't be interpreted as a recommendation to invest. Before you invest, you should get advice and decide whether the potential return outweighs the risks. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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