Introduction
Serum was founded in 2020 and built by the Serum Foundation, a group of experts in cryptocurrencies, trading, and decentralized finance.. It has its headquarter in New York, United States.
Serum is the world's first completely on-chain cryptocurrency ecosystem with trustless trading brought to you by Project Serum, in collaboration with a consortium of crypto trading and DeFi experts. Built on Solana, Serum is fast and efficient. While the Serum protocol, it is permission less – we do not hold special power anymore. It is up to you, the crypto community, to use it as you will.
More specifically, Serum's on-chain central limit order book and matching engine provides liquidity and price-time-priority matching to traders and composing projects. Users benefit from this exchange model through the ability to choose the price, size and direction of their trades. Composing projects benefit from Serum’s existing architecture, bootstrapped liquidity, and matching service.
Mission
The ultimate mission of Serum is to drive the global mass adoption of DeFi.
Why Serum?
Serum is a protocol for decentralized exchanges that brings unprecedented speed and low transaction costs to decentralized finance.
Funding
Serum has raised a total of $120.2M in funding over 8 rounds and is funded by 15 investors.
Below, are the details of the different rounds of funding received by Serum.
Funding Round | Money Raised | Number of Investors | Lead Investors |
Funding Round | $100M | 3 | - |
Venture Round | - | 2 | Jump Trading |
Seed Round | - | 1 | Genesis Block Ventures (GBV) |
Seed Round | - | 5 | - |
Seed Round | $150K | 1 | - |
Seed Round | $20M | 1 | - |
Seed Round | - | 1 | - |
Venture Round | - | 1 | - |
Acquisitions
Serum has made no acquisitions yet.
News & Media
‣