Serum (SRM/USD), the cryptocurrency associated with bankrupt crypto exchange FTX and the Solana (SOL / ដុល្លារ) blockchain, is one of the top performing coins in the past week.
តើសេរ៉ូមគឺជាអ្វី?
សេរ៉ូ is an open-source cryptocurrency project created by FTX and the Solana Foundation. It offers a highly scalable, high performant decentralised exchange (DEX), with low transaction costs. The DEX has a fully on-chain order book and targets offering of liquidity to both institutional and retail traders.
តើអ្នកកំពុងស្វែងរកព័ត៌មានរហ័សព័ត៌មានជំនួយក្តៅនិងការវិភាគទីផ្សារមែនទេ?
ចុះឈ្មោះសម្រាប់ព្រឹត្តិប័ត្រ Invezz ថ្ងៃនេះ។
Before the collapse of FTX and the negativity that surrounded related tokens FTX Token (FTT), and Solana (SOL), Serum commanded huge trading volumes in the DEXes ecosystem. Its capacity to offer on-chain solutions to problems with the traditional decentralised finance (DeFi) space still makes this a top crypto project though.
As for SRM holders, benefits include governance rights and access to trading fee discounts. Holders can also earn from staking rewards.
SRM price skyrockets as Solana hits pre-FTX levels
Amid the latest crypto rally, the SRM token jumped more than 190% in one week to reach highs of $0.58 on major cryptocurrency exchanges. The march to a seven-day high added to gains seen year-to-date as sentiment across the crypto market flipped green. The result was a major SRM pump. As noted by intraday trader Skew, the “dead” coin bounced triple-digits at one time this past week.
Source: https://invezz.com/news/2023/01/16/serum-price-what-next-for-srm/