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.

- $0.11 ( - 8.82%)

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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 128th largest cryptocurrency in the world by market cap, valued at $382,292,774. The current price of Serum is $1.5792, which is -6.036% lower than yesterday. Prices have ranged between $1.7343 and $1.5792 over the past 24 hours. All prices are listed in Australian dollars (unless otherwise noted) and accurate as of May 24, 2022 09:05 UTC.

Disclaimer: This is not an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade.

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.

Serum (SRM) price

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

Serum at a glance

Information last updated May 24, 2022 09:05 UTC.
Coin symbol SRM
Coin Marketcap AUD$382,292,774
Total SRM supply 1,092,844,982
Circulating SRM 341,032,463
Current price AUD$1.5792
All time high AUD$27.3963
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 $1.5792.

1 hour -0.02%
24 hours -6.04%
7 days -7.58%
14 days -22.84%
30 days -52.66%
60 days -63.12%
200 days -86.28%
1 year -71.06%

Disclaimer: Cryptocurrencies, including Serum, are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance of SRM is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the Serum or any other cryptocurrency discussed.

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