A DeFi project based on the Solana blockchain, which with its native tokens from the Ethereum network will serve as a utility token to promote the operation of decentralized exchange between chains, which without further ado has potential in terms of scalability and cross-chain liquidity processing.
With the great use of DeFi platforms, much of it is developed in the Ethereum chain, which has generated a great congestion on the network, where network rates and scalability have been getting worse, given that the project has opted for the chain from Solana that at the moment the performance is acceptable for the development of cross-chain exchanges, in which the SRM token is based on the token of the Ethereum network that serves as a utility token in which certain discounts can be generated network fees and be able to implement a node through SRM blocking.
The protocols it contains in conjunction with the automated books and custom contracts constitute the operation of Serum which can be a viable option outside the Ethereum chain to have a fast and cheap decentralized exchange.