Serum Newsletter #48

This post was originally published on Serum

Welcome, readers, to Serum Newsletter #48! The excitement continues unabated in the Serum and Solana ecosystems! In this week’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

Announcements: https://t.me/ProjectSerum_announcements

Burns 🔥 and Staking Rewards

This week, 65.6K SRM was burned — This is $459k worth at current prices.

biswap

Project Serum Portal 🆕

This is just the start. More and more content is coming to the Portal to make Serum the gateway for the wider Solana universe.

Check the Portal out today!

Serum Voting is live 🗳️

Head over to the Project Serum Forum here to learn more.

Tulip Interview 🎙️

Tulip Protocol, the Solana-based yield aggregation homestead for many, is the first yield aggregation platform built on Solana with auto-compounding vault strategies. Solana’s features allows for vault strategies which can compound frequently, meaning stakers benefit from higher APYs without requiring active management.

Tulip recently emerged as a rebrand of SolFarm after tilling the soil and sowing community love, knowledge, and fresh yield well before they became first place winners of the Pyth prize track in the Solana Season Hackathon. senx from Tulip tells us the story and about their life on the farm.

Raydium NFT Marketplace 🖼️

Clyclos Mainnet 🔜 Launch

Solana Ignition Hackathon Voting 🏆

Dialect Web3-Native Messaging 💬

“Mobile-first development @solana opens up an enormous new design space, & is the first chain we’ve seen with the performance to unlock more of the UX & polish of web2. Reaching a billion users means reaching them on their phones, & there’s lots of new work to do around this.” Chris, Founder of Dialect

Learn more about the mission of Dialect with the Tweet thread below 👇

Sonar Watch concludes its fundraising!

“Data analytics for traders and users within Solana is an important area of investment for this young sub-subsector. Sonar Watch allows users to track their DeFi portfolios using their public key. Sonar Watch are passionate about improving UX for DeFi on Solana. This is a great project and team and we’re excited to be building together in this ecosystem”

Pyth network partners with Gate.io

“Providing users with accurate and reliable cryptocurrency price data is one of our top priorities at Gate.io. Over 6 million users around the world rely on up-to-date, reliable data when trading on our platform and as such we have partnered with Pyth network to ensure the best possible trading experience for our users.” Marie Tatibouet, CMO at Gate.io

Who’s Building on Serum ? 🔧

@ProjectSerum, yours truly, to provide plug-in orderbook matching and liquidity to devs to compose and seed their DApps

@phantom wallet to interact with the ecosystem

@WormholeCrypto for bridging SPL with ETH and Terra

@RaydiumProtocol for swaps and liquidity pools

@mangomarkets for decentralized leveraged trading and borrow-lending infra

@MAPS_ME for integrating millions of users into DeFi ecosystem

@Oxygen_protocol for an on-chain prime brokerage

@staratlas powering an MMO game economy on the markets.

@aurory powering an in-game economy for multiple game modes

@OpenEra bridging an in-game money market with off-game markets

@PsyOptions launching a vanilla options protocol.

@bonfida providing a beautiful GUI interface and automated trading

@JetProtocol for permissionless borrow-lending

@COPE for trading leaderboard creation to power an index and automated investment product

@Media Network for a privacy-first and community-governed content delivery network

@PythNetwork Pyth is designed to bring real-world data on-chain on a sub-second timescale.

@Solrise as a decentralized fund management and investment protocol

@SolendProtocol decentralized protocol for lending and borrowing on Solana.

@ZetaMarkets the premier under-collateralized DeFi options platform built on Solana

@MoetFi capital-efficient derivatives exchange built on Solana.

Foresight Markets prediction markets with ample exit liquidity and opportunities to earn spreads for MM’s

Mercurial Finance DeFi’s first dynamic vaults for stable assets on Solana

Symmetry Decentralized index protocol for easy diversification and passive earnings

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 protected].

We’re always happy to answer questions or assist you in any way we can!

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