Serum
Market Open
13 Jun, 19:57
$
0. 005970
+0.00003
+0.5051%
$
132,361 Volume
$ 0.00594
Previous Close Want to track SRMUSD and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
SRMUSD Overview
SRMUSD denotes the market price of Serum (SRM) expressed in United States dollars. It indicates how much USD is required to buy one SRM token and is used across trading platforms to quote, compare and settle transactions denominated in fiat terms.
Serum is a blockchain-native token tied to the Serum decentralized exchange protocol on the Solana network. Launched in 2020 by the Serum project with backing from FTX and Alameda Research and led by members of that development team, SRM functions as an SPL token with utility for governance, staking and fee reduction within the protocol. The token’s initial total supply was set at 10 billion SRM, with mechanisms designed to influence circulation and network incentives.
The SRMUSD rate is determined by market supply and demand across centralized and decentralized venues, reflecting order-book liquidity, trading volume and investor sentiment. Broader drivers include the health of the Solana ecosystem, protocol upgrades, tokenomics events (staking or burns), macroeconomic conditions and regulatory news that affect crypto risk appetite.
SRMUSD matters to traders and investors as a measure of Serum’s market value and as a tradable instrument for speculation, arbitrage and portfolio exposure to Solana-based DeFi. It also informs decisions by participants seeking governance influence or fee benefits within the protocol.
As with other cryptocurrencies, SRMUSD can be volatile and liquidity differs by exchange, which may affect spreads and slippage and requires appropriate risk management.
Serum is a blockchain-native token tied to the Serum decentralized exchange protocol on the Solana network. Launched in 2020 by the Serum project with backing from FTX and Alameda Research and led by members of that development team, SRM functions as an SPL token with utility for governance, staking and fee reduction within the protocol. The token’s initial total supply was set at 10 billion SRM, with mechanisms designed to influence circulation and network incentives.
The SRMUSD rate is determined by market supply and demand across centralized and decentralized venues, reflecting order-book liquidity, trading volume and investor sentiment. Broader drivers include the health of the Solana ecosystem, protocol upgrades, tokenomics events (staking or burns), macroeconomic conditions and regulatory news that affect crypto risk appetite.
SRMUSD matters to traders and investors as a measure of Serum’s market value and as a tradable instrument for speculation, arbitrage and portfolio exposure to Solana-based DeFi. It also informs decisions by participants seeking governance influence or fee benefits within the protocol.
As with other cryptocurrencies, SRMUSD can be volatile and liquidity differs by exchange, which may affect spreads and slippage and requires appropriate risk management.
SRMUSD Chart
SRMUSD FAQ
What is the current Serum price?
The current price is $0.005970, based on the latest trades across major cryptocurrency exchanges.
What does the price change mean?
The price has changed by +0.00003 (+0.5051%), showing how much the asset has moved compared to the previous close.
What is the previous close for Serum?
The previous close was $0.005940, which serves as a reference point to measure daily performance.
How is the daily change percentage calculated?
The change percentage (+0.5051%) is calculated based on the difference between the current price and the previous closing price.
What does the daily range show?
The range reflects the lowest ($0.005880) and highest ($0.006310) prices traded during the selected period, helping assess volatility.
Why is Serum (SRM) moving today?
Price movements in Serum are driven by market sentiment, trading volume, news, adoption, and overall crypto market conditions.
Is the current trend bullish or bearish?
If the current price ($0.005970) is above the previous close ($0.005940), it indicates upward momentum. If below, it suggests a downward trend.
Where can I see live charts for Serum?
You can view real-time charts, price updates, and market data for Serum (SRM) directly on this page.
