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Explore the Dynamics of Serum Coin on Solana’s High-Speed Blockchain
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Serum (SRM) is a notable cryptocurrency initiative that introduces the rapidity and economical transaction costs of traditional finance into the decentralized finance (DeFi) space. Functioning as a decentralized exchange, Serum operates its own token SRM and is built on the high-performance Solana blockchain, comparable to Ethereum’s Uniswap. Unlike centralized platforms, Serum allows users to trade directly with one another, bypassing the need for intermediaries and sidestepping Know Your Customer (KYC) procedures.
