Welcome, readers, to Serum Newsletter #54! The excitement continues unabated in the Serum and Solana ecosystems! In this weekâ€™s issue, we summarize the recent parade of new milestone events in the ecosystem and some cool updates on our favourite Serum-oriented projects! Stay tuned, and have a great week!
Serum Discord: https://discord.gg/V9Xzqqxj
Serum Telegram: https://t.me/ProjectSerum
This week, 247K SRM was burned â€” Thatâ€™s $1M at current prices!
Last weekend, Serum hit $350M in 24H volume, and we are just warming up!
BUIDLIN on Serum? You definitely need to be there!
Thanks to the AOB, Serum becomes a truly universal component usable by any protocol, derivative, spot or anything else. Devs can use it to match anything â€” even NFTs or non-fungible stuff or domain names
Zeta Markets is hiring! Give it a thought. Thereâ€™s power in optionality!
The Zeta Markets doing what it does best, shipping!
â€œWith Switchboard v2, Solana developers no longer need to ask anyone to sponsor or build support for a feed, if thereâ€™s a public endpoint they can bring that data on-chain all through Switchboardâ€™s decentralized oracle network.â€
â€œThe project was built in response to many of the problems the team saw in DeFi at the time. Ethereumâ€™s limitations made it slow and expensive, many protocols were de facto centralized, and there was (and remains) a lack of cross-chain functionalityâ€.
Have you heard? The fees have been reduced on all Serum powered markets!
Avax now lives on Pyth network!
â€œInstitutional adoption of digital assets is well underway at this point, but what weâ€™re also starting to see is these same institutions adopt DeFi. We are excited to be a part of this project that helps further advance critical DeFi infrastructure and has the potential to unlock greater efficiency and transparency in our financial systemâ€. Anton Katz, Co-Founder and CEO of Talos
This list is not exhaustive but hopefully illustrates some of the exciting projects building within the Serum ecosystem!
And so many more!
If you have any questions or wish to build in the Serum ecosystem, please feel free to reach out to us at email@example.com.
Weâ€™re always happy to answer questions or assist you in any way we can!
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