Serum is a powerful but completely de-centralised derivatives exchange. It will be able to conduct fully de-centralized cross-chain transactions and provide users with a very efficient and accurate price for executable transactions. It is a DEX that runs very fast; It supports cross-chain, stablecoins, packaged passes, order books, and futures trading. At the same time, it's completely de-centralised. There is no price forecaster in Serum that obtains prices from centralized exchanges through APIs; Nor does it need an integrity commission. Serum is pure DeFi. Unlike some existing DeFi projects, Serum is efficient, convenient, feature-rich and low-cost. SRM is a functional wildcard for the Serum ecosystem.