SRM

SerumSRM

Rank #136
Coin
On 50,378 watchlists

Serum Price (SRM)

$9.07
13.59%

0.0001645 BTC7.41%

0.002324 ETH9.18%

Low:$8.76
High:$10.56
24h
SRM  Serum SRMPrice: $9.07 13.59%
Market Cap
$453,607,798
13.59%
Market Cap / TVL Ratio
0.7593
Fully Diluted Market Cap
$90,721,559,557
13.59%
Total Value Locked (TVL)
$597,373,714
Volume
24h
$209,027,997
49.36%
Volume / Market Cap
0.4608
Circulating Supply
50,000,000.00 SRM
1%
Max Supply
10,000,000,000
Total Supply
161,000,001

Serum Chart

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SRM Price Live Data

The live Serum price today is $9.07 USD with a 24-hour trading volume of $209,027,997 USD. Serum is down 13.59% in the last 24 hours. The current CoinMarketCap ranking is #136, with a live market cap of $453,607,798 USD. It has a circulating supply of 50,000,000 SRM coins and a max. supply of 10,000,000,000 SRM coins.

If you would like to know where to buy Serum, the top exchanges for trading in Serum are currently Binance, OKEx, FTX, CoinTiger, and Upbit. You can find others listed on our crypto exchanges page.

What Is Serum (SRM)?

Serum is a decentralized exchange (DEX) and an ecosystem that brings high speed and low transaction costs to decentralized finance (DeFi). It is permissionless and is built on the Solana blockchain.

Serum was created to eliminate the vulnerabilities in the current DeFi space that exist due to incomplete decentralization. It is claimed to be fully decentralized and runs on a non-custodial exchange with cross-chain trading support and no know your customer (KYC) requirements.

Solana is a web-scale blockchain that can reach 50,000 transactions per second. This is achieved through a verifiable delay function, known as SHA 265 hash chain, that enables optimistic concurrency control.

Serum is developed by the Serum Foundation, which is backed by a group of experts in cryptocurrency, trading and decentralized finance. The project also has backing from a wide number of firms.

Who Are the Founders of Serum?

Serum was co-founded by Sam Bankman-Fried. He is also the CEO of the FTX cryptocurrency derivatives exchange and a co-founder of the Alameda Research quantitative trading firm. Bankman-Fried also used to work as the director of development for The Centre for Effective Altruism and as a trader at Jane Street.

Bankman-Fried graduated from the Massachusetts Institute of Technology with a bachelor’s degree in physics.

What Makes Serum Unique?

The SRM is a utility token used on the Serum ecosystem. Its cross-chain swap protocol allows users to exchange assets between blockchains in a trustless manner.

Serum offers a decentralized automated full limit order book that provides traders with full control over each order. The full Ethereum and Solana integration makes Serum faster and more efficient while also allowing it to be interoperable with ERC20 tokens.

The physically settled cross-chain contracts allow easy margin positions in DeFi on synthetic assets. SerumBTC is a model for creating ERC20- or Solana-based tokens for Bitcoin (BTC) and SerumUSD is a model for creating a decentralized USD-pegged stablecoin.

Staking rewards are distributed on the basis of the nodes’ performance, which takes into account important on-chain actions, such as supplying blockchain histories for cross-chain settlement validation.

Users can also stake towards another node. A portion of a node’s staking fees goes to the leader and all nodes receive staking results. These rewards increase through productive participation in node duties.

Learn more about Enjin Coin.

Learn more about Monero.

Learn about Bitcoin Cash on CMC Alexandria.

Learn more about the world of cryptocurrencies at the CoinMarketCap blog.

How Many Serum (SRM) Coins Are There in Circulation?

Serum’s (SRM) circulating supply is at 50,000,000 SRM as of February 2021, with a maximum supply of 50,000,000 SRM.

How Is the Serum Network Secured?

SRM is Serum’s governance token that is based on the Solana blockchain and has an ERC20 version. It has cross-chain support that enables the trustless exchange of assets between different blockchains. Serum uses a trustless bridge through a premier validator for distributed ledger technology (DLT).

Where Can You Buy Serum (SRM)?

Serum (SRM) can be bought and sold on a number of exchanges, including the following:

If you are new to buying, selling, or trading cryptocurrencies, you can read our Bitcoin buying guide.

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SRM

Serum

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USD

United States Dollar

SRM Price Statistics

Serum Price Today
Serum Price$9.07
Price Change24h$-1.43
13.59%
24h Low / 24h High
$8.76 /
$10.56
Trading Volume24h$209,027,996.82
49.36%
Volume / Market Cap0.4608
Market Dominance0.02%
Market Rank#136
Total Value Locked (TVL)$597,373,714
Serum Market Cap
Market Cap$453,607,797.78
13.59%
Fully Diluted Market Cap$90,721,559,556.62
13.59%
Serum Price Yesterday
Yesterday's Low / High
$8.76 /
$10.60
Yesterday's Open / Close
$10.28 /
$9.16
Yesterday's Change

10.97%

Yesterday's Volume$193,596,412.77
Serum Price History
7d Low / 7d High
$8.76 /
$12.40
30d Low / 30d High
$5.03 /
$12.89
90d Low / 90d High
$3.07 /
$12.89
52 Week Low / 52 Week High
$0.11 /
$12.89
All Time High
May 03, 2021 (8 days ago)
$12.89
29.63%
All Time Low
Aug 11, 2020 (9 months ago)
$0.11
8146.95%
Serum ROI

8152.95%

Serum Supply
Circulating Supply50,000,000 SRM
Total Supply161,000,001 SRM
Max Supply10,000,000,000 SRM