Learn more about Serum

Serum is a decentralized exchange (DEX) and ecosystem that brings unprecedented speed and low transaction costs to decentralized finance. It is built on Solana and is completely permissionless.

On-Chain Orderbooks

Cost

Speed

On-Chain Orderbooks

Full limit orderbooks with an interface familiar to that of centralized exchanges

Philosophy

Cost

Lower transaction costs than any other DEX: $0.00001 per transaction

Scaling Crypto to Masses

Speed

Sub-second trading and settlement

Break Solana

On-Chain Orderbooks

Cost

Speed

On-Chain Orderbooks

Full limit orderbooks with an interface familiar to that of centralized exchanges

Philosophy

Cost

Lower transaction costs than any other DEX: $0.00001 per transaction

Scaling Crypto to Masses

Speed

Sub-second trading and settlement

Break Solana

On-Chain Orderbooks

Cost

Speed

On-Chain Orderbooks

Full limit orderbooks with an interface familiar to that of centralized exchanges

Philosophy

Cost

Lower transaction costs than any other DEX: $0.00001 per transaction

Scaling Crypto to Masses

Speed

Sub-second trading and settlement

Break Solana

Proven Operations

Serum Token

Up to 60% off fees

80% of DEX fees go to SRM buy & burns

20% of DEX fees go to SRM stakers

Built on Solana

Peak 65,000 TPS

400ms block times

$0.00001 transaction cost

Orderbooks

Fully on-chain

Entirely limit-order based

Ability to choose price, size, and trade direction

Explore Resources

White Paper

Download Paper

Roadmap

See Long term plans

SRM FAQ

Learn more about SRM token

Partners

Advisors

Robert Leshner

Founder, Compound

Calvin Liu

Strategy Lead, Compound

Sam Bankman-Fried

CEO, FTX and Alameda Research

Sebastian Conybeare

Software Engineer, Alameda Research

Gary Wang

CTO, FTX

Long Vuong

Founder and CEO, TomoChain

Dan Friedberg

Fenwick & West

Clement Ip

Partner, Genesis Block

Dan Matuszewski

Principal and co-founder, CMS

Shane Molidor

Head of Business Development at AscendEX

Santiago Roel Santos

Partner, ParaFi