Average Ratings 0 Ratings
Average Ratings 6 Ratings
Description
Serum functions as a decentralized exchange (DEX) and ecosystem that offers remarkable speed and minimal transaction fees within the decentralized finance space. Designed on the Solana blockchain, it operates without restrictions and features complete limit order books, resembling the interfaces of traditional centralized exchanges. Users can expect trading and settlement times measured in sub-seconds, while transaction costs are significantly lower than those of other DEX options, costing only $0.00001 per transaction. The Serum project aims to launch a fully operational decentralized exchange that facilitates trustless cross-chain trading, catering to the speed and pricing expectations of its users. Although it is primarily based on Solana, Serum will maintain interoperability with Ethereum, allowing for broader functionality. The SRM token will be seamlessly integrated into the Serum platform and will benefit from a buy/burn mechanism related to transaction fees. This enables users to exchange assets across different chains without relying on trusted intermediaries, a stark contrast to many existing protocols that depend on such parties to handle asset swaps. Additionally, Serum promises a decentralized automated full limit order book, ensuring effective trading across both Ethereum and Solana networks, along with physically settled cross-chain contracts, enhancing the overall trading experience for users. Ultimately, Serum's innovative approach positions it as a leader in the evolving landscape of decentralized finance.
Description
This is a Solana-based fork featuring integrated EVM compatibility, creating the fastest hybrid chain by combining EVM with EBPF while incorporating the best attributes of Solana into the Ethereum ecosystem. It allows for the deployment of all smart contracts originally designed for the Ethereum blockchain. Users experience remarkably efficient performance at a significantly lower cost, with the option to stake and contribute to decentralization while earning rewards in the process. The Velas Network offers users access to a range of decentralized services, allowing them to entrust the security of their passwords, keys, and seed phrases to advanced segmentation algorithms and validators dedicated to data protection. Crucially, the information is securely distributed across the network, ensuring that it remains inaccessible to any individual participant. This innovative approach not only enhances security but also promotes user confidence in decentralized technologies.
API Access
Has API
Yes
API Access
Has API
No
Integrations
Ethereum
Yes
01
Yes
1Sol
Yes
AscendEX
Yes
Binance
Yes
Blockdaemon
Yes
Gate.io
Yes
LIQ Protocol
Yes
Mango Markets
Yes
OKX
Yes
Integrations
Ethereum
Yes
01
No
1Sol
No
AscendEX
No
Binance
No
Blockdaemon
No
Gate.io
No
LIQ Protocol
No
Mango Markets
No
OKX
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
Yes
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
Yes
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
No
Types of Training
Training Docs
Yes
Webinars
Yes
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Serum Foundation
Website
dex.projectserum.com
Vendor Details
Company Name
Velas
Founded
2019
Country
Switzerland
Website
velas.com