What is Serum (SRM)? | Serum Crypto Explained in Under 60 Seconds

Serum SRM is a fully functional decentralized exchange (DEX) with trustless cross-chain trading. Provides a DeFi ecosystem with fast transaction speeds & low costs.

Serum Token (SRM) - The ecosystem is powered by the Serum utility token SRM. Used for reduced fees & staking rewards, governance. One million SRM can be stacked to create an MSRM token, which is a scarce asset that generates more rewards.

▶ Search All Tokens (Name or Symbol) https://cryptodefirevolution.com/

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Cross-Chain Swaps - With cross-chain integration, Serum allows users to seamlessly swap BTC, ETH, ERC20, and SPL tokens. Cross-chain swaps provide the DEX with a CeFI experience.

On-Chain Orderbooks - A fully automated on-chain limit orderbook & matching engine gives traders full control over their orders. Users can submit orders with trade directions, prices and sizes.

Leveraged Trading (Contracts) - Decentralized, non-custodial leveraged trading can be conducted for any Serum product using custom cryptocurrency contracts. Contracts can be tokenized and moved across the blockchain.

Serum is built on Solana, providing a DEX with the speed & convenience of a centralized exchange while remaining fully trustless & transparent.

WEBSITE: https://projectserum.com/