Serum Project (SRM Token) Explained Simply

Serum is a protocol built for speed and low transaction costs for decentralized exchanges (eg. it can achieve 65,000 TPS; 400ms block times with $ transaction cost). It is built on Solana and is completely permissionless. Serum order books are fully on-chain and entirely limit-order based. Users have the ability to choose price, size, and trade direction. SRM is the ecosystem token which gives holders up to 60% off fees. Also 100% of protocol fees go to to the benefit of SRM. SRM Tokens are traded on Binance, OKEx, Huobi, etc. Check out our recommended crypto platforms: For more about the project visit: Subscribe to our newsletter: Recommended crypto platforms: Crypto resources: Read the best selling book: TOKENIZED TRILLIONS: