Serum (SRM) Jumps 45.4% Today: Time To Invest To Profit?

The Solana blockchain-based decentralized exchange and derivatives market is powered by a unique market strategy called Serum. It enables users to easily create decentralized DEXs with minimal coding experience. Serum jumps 45.4% today and is trading at $11.31 and 0.00024069 BTC. The developers of the project launched the first whitepaper entitled “Serum” in July 2020. In the following month, they held two initial exchange offerings for the project.

DEXs are more flexible and can be created with in-depth CEX-like features. Developers can now create DEXs with features that are similar to CEX, such as stop orders and limit orders. This eliminates the need for developers to create separate DEXs for each client. This integration simplifies the process of moving from CEX to DEXs by reducing the technical barriers. It also brings the convenience of having a centralized exchange. The Serum Derivatives DEX is a decentralized payment network that uses the latest technology. Its developers have achieved a transaction rate of over 65,000 tps. Developers can also build hyper-fast DEXS with Serum’s built-in features. The network supports the integration of other DeFi protocols as well.

Anthony Gonzales

Biotech, Tech, and Crypto reporterAnthony Gonzales brings 3 years of experience in helping grassroots, mid-sized organizations and large institutions strengthen their management and resource generating capacities and effectively plan for the future. He is also a mentor and professional advisor to artists working in all disciplines. He is the gold medalist from St. Marco University of Science and Technology in the Bachelors of Financial Management as well.