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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 $12.9 million, Serum is the No. 767 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 crypto protocols offering up to 4.2% APY on Serum deposits (3% APY CeFi, 4.2% APY DeFi). 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.
Currently 100% of users are positive about Serum.
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