SRM is the native governance token of the Serum platform. The serum is one of the biggest decentralized crypto derivative exchange platforms, with a daily volume exceeding 100 million USD. Serum platform is built on Solana blockchain. Holding and using SRM tokens on the platform gives users benefits such as paying reduced transaction fees.
With a total market cap of over $97.1 million, Serum is the No. 338 cryptocurrency by market size. The currency symbol for Serum is SRM. Serum is the token issued by the Serum platform. There will only ever be 10.1 billion Serum tokens issued. So far 372 million tokens (3.7% of the total supply) have been issued.
Solana developers are forking Serum (SRM) after it may have been compromised in a hack on FTX exchange. For more information, please view this article from The Block.
We found savings accounts offering up to 11.4% APY on Serum deposits. Check out our Serum staking yields table for further details.
The technical price analysis for Serum below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of Serum.
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Serum FAQs
QWhat was the highest price that Serum ever reached?
AThe highest price that Serum ever reached was $13.78 USD. This all time high price occured on 11 Sep 2021.
QWhat was the lowest price that Serum ever reached?
AThe lowest price that Serum ever reached was $0.10988 USD. This all time low price occured on 11 Aug 2020.
QWhat ecosystem is Serum part of?
ASerum is part of the Solana ecosystem.
QIs it possible to stake Serum to generate passive income?
AYes, staking is available for Serum on a number of platforms. For a full list of Serum staking yields see our list of Serum staking yields.
QHow much can I earn staking Serum?
AYou can earn up to 11.4% APY by staking your Serum tokens. Check out our Serum staking yields table for further details.
QWhere is the best place to stake Serum?
ARight now the best staking rates are on Raydium with an income rate of up to 11.4% APY.
QIs it a good time to buy Serum?
AYou can check the technical indicators for Serum on the Serum Price Trend tab. These indicators are based on the analysis of multiple trading signals for Serum.
QWhere is the best place to buy Serum?
AYou can find the cheapest exchange on which to buy Serum on the Serum Buy tab.
QWhich venture capital firms have invested in Serum?
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