What is Serum (SRM)?
Serum is a decentralized exchange (DEX) protocol and ecosystem that brings unprecedented speed and low transaction costs to decentralized finance (DeFi). It is built on the Solana blockchain, which allows it to process transactions quickly and at scale. Serum features a fully on-chain order book, which helps to provide the efficiency and trading capabilities similar to traditional centralized exchanges but in a fully decentralized setting.
Where can you buy Serum?
Serum (SRM) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for SRM sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
The price and 24-hour volume on this page combine the exchanges ReadPrices tracks for SRM. Before you trade, compare the fee schedule and the order-book depth on the venue you plan to use: the same coin can cost noticeably more to buy on a thin market.