Researched coins: 1,511
Exchanges: 1,038
Market Cap: 3.5T
24h Vol: 134.2B
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Serum Price, Live Chart & Market Cap

Serum (SRM) crypto token guide: Solana order‑book DEX legacy, staking perks, price, roadmap and security insights

Serum Overview

Serum is a Solana‑native utility coin created in 2020 to fuel a lightning‑fast decentralized exchange. SRM granted fee cuts, staking yield and governance rights while powering cross‑chain trading. After a key compromise in 2022 the community migrated activity to the OpenBook fork, yet Serum tokens still circulate across niche markets.

Serum (SRM): Once‑Fast Solana DEX Token Overview

Utility & Use Cases SRM

Fee Discounts

Fee Discounts

Hold SRM to cut trading fees on the historic Serum DEX by up to 60 %.
Staking Rewards

Staking Rewards

Lock SRM or 1 MSRM to earn protocol fee yield and signal long‑term commitment.
Governance Voting

Governance Voting

Vote on proposals that shaped market fees, upgrades and ecosystem grants.
Liquidity Backbone

Liquidity Backbone

Projects like Raydium mirrored pools onto Serum order books to deepen volume.
Cross‑Chain Trades

Cross‑Chain Trades

Wrapped BTC, ETH and stablecoins flowed through Serum for seamless swaps.

Serum Technologies Overview

Ultra‑Fast Settlement

Ultra‑Fast Settlement

Solana’s 400 ms blocks enabled near‑real‑time order matching.
On‑Chain Order Book

On‑Chain Order Book

Central‑limit books ran fully on‑chain, delivering CEX‑style depth to DeFi.
Low Gas & Fees

Low Gas & Fees

Typical trade cost was below $0.0001, inviting high‑frequency strategies.
Cross‑Chain Bridge

Cross‑Chain Bridge

Interoperability via Wormhole let ERC‑20 assets trade alongside SPL tokens.
Open‑Source Code

Open‑Source Code

Apache‑licensed Rust program invited builders and later enabled the OpenBook fork.

Funding

Serum raised capital through a dual IEO on FTX and BitMax in August 2020, selling 6 M SRM at roughly $0.11 each, and a private sale of 400 MSRM (400 M SRM) at $0.008. Venture partners like Alameda and Jump added strategic liquidity.

Roadmap

2020 Launch

Mainnet DEX and SRM token debut on Solana with live order books.

2021 Ecosystem Growth

Integrations with Raydium, Jupiter and Mango drove TVL and volume.

2022 Security Crisis

FTX hack compromised upgrade key; community halted use and prepared fork.

2023 OpenBook Fork

Developers migrated liquidity to a permissionless fork without SRM.

Future Outlook

SRM trades on niche venues; any revival depends on new community proposals.

Serum Security & Audit Reports

Code was open‑source but unaudited. No major exploits occurred, yet FTX controlled the upgrade authority. That key’s compromise ended protocol trust, prompting a full fork and revocation of SRM utility.

FAQ

How to stake SRM today?

+
Official staking ended in 2022; pools are closed, so staking is no longer possible.

How to trade Serum safely?

+
Use reputable exchanges with low volume alerts and expect high slippage.

What killed the Serum DEX?

+
The FTX hack exposed a centralized upgrade key, forcing users to abandon the contract.

Is SRM still useful for DeFi?

+
Its fee and governance perks expired; current demand is purely speculative.

Does OpenBook use SRM?

+
No. The fork removed SRM to avoid centralization and legal baggage.

Where can I check SRM price chart?

+
Aggregators like CoinGecko or Gate.io provide live charts and volume data.

Can new apps integrate Serum code?

+
Yes. The open‑source Rust repo remains available and was the base for OpenBook.

Top Crypto Exchanges to Trade Serum (SRM)

# Exchange Pair Price 24h Volume
1
HTX
SRM/USDT ~$0.027 $133,249
2
Raydium
SRMUAPVNDX.../EPJFWDD5AU... ~$0.027 $8,644.53
3
CoinW
SRM/USDT ~$0.027 $397,460
4
Raydium
4K3DYJZVZP.../SRMUAPVNDX... ~$117.9 $11,832.21
5
Gate.io
SRM/USDT ~$0.027 $11,158.97
6
MEXC
SRM/USDT ~$0.027 $11,011.46
7
Bybit
SRM/USDT ~$0.027 $5,648.54
8
Kraken
SRM/USD ~$0.027 $4,037.13
9
Raydium
SRMUAPVNDX.../SO11111111... ~$0.00017 $435
10
Gate.io
SRM/TRY ~$0.94 $363.55
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Serum
Serum SRM Price
#1126
$0.012
3.22%
Market Cap
Market capitalization of Serum (SRM) represents the total value of all circulating tokens. It is calculated by multiplying the current price of one token by the total number of tokens in circulation
$4,629,250
Fully Diluted Variation
Fully diluted valuation of Serum (SRM) represents the theoretical market cap if all tokens that will ever exist were in circulation. It provides insight into the long-term value projection assuming the maximum supply is reached
$13,571,065
24 Hour Trading Vol
24-hour trading volume shows the total amount of Serum (SRM) traded across all exchanges over the past day. Higher volumes generally indicate more market liquidity and interest in the token
$267,824
Total Value Locked (TVL)
Total Value Locked (TVL) represents the aggregate value of Serum (SRM) and other assets deposited in DeFi protocols. It indicates the overall usage and adoption of Serum (SRM) in decentralized finance applications
$19,032,722
Circulating Supply
Circulating supply shows the number of Serum (SRM) tokens currently available and circulating in the market. This excludes locked, reserved, or unissued tokens that cannot be sold or traded
372,782,297.012
Total Supply
Total supply represents all Serum (SRM) tokens that currently exist, including both circulating tokens and those locked in various protocols or treasuries. It excludes tokens that will be created in the future
1,092,844,982.31
Max Supply
Maximum supply indicates the absolute maximum number of Serum (SRM) tokens that will ever exist. This is a hard cap programmed into the token's protocol that cannot be exceeded, ensuring scarcity over time
10,161,000,000

Info

Contract
Ethereum Network 0x476...15be0ff
Copied
MetaMask
  • Tomochain Network 0xc01...142bc91
    Copied
    MetaMask
  • Solana Network SRMuA...uAoKWRt
    Copied
  • Energi Network 0x83a...3f5d2fb
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    MetaMask
Whitepaper
No data
Explorers
Etherscan Etherscan
  • Etherscan Etherscan
  • Arkham Arkham
  • explorer.solana.com explorer.solana.com
  • Ethplorer Ethplorer
  • Solscan Solscan
  • scan.tomochain.com scan.tomochain.com
  • explorer.energi.network explorer.energi.network
  • tomoscan.io tomoscan.io
Community
Social network Twitter
Twitter
Social network Telegram
Telegram
Social network Reddit
Reddit
Source Code
Repository GitHub
GitHub

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