Aleph.im + FTX-Backed Serum DEX Partnership Announcement

Aleph.im’s Layer 2 technology enables emerging DeFi protocols to reach their true potential and achieve full decentralization at scale. We are committed to decentralizing the last remaining centralized portions of the DeFi landscape with high-performance order books, price feeds, and routing engines. The Layer 2 peer-to-peer nature of aleph.im grants DEXes capabilities not previously possible.

The aleph.im team is proud to announce an official partnership with the Serum Foundation to produce Project Serum, a decentralized derivatives exchange with trustless cross-chain trading powered by FTX and Alameda Research.

Leveraging the experience of FTX and Alameda Research, Serum has been designed as the first DEX to meet the strict performance and reliability expectations of traditional cryptocurrency exchange users. We at aleph.im have architected our network to decentralize the cloud, allowing dApps and DeFI to deliver a user experience comparable to traditional web applications.

The team is excited to announce FTX and Alameda Research are contributing significant resources to aleph.im in order to ensure the continuing success of the network and Project Serum.

We would like to thank the community for the outstanding support of aleph.im while we are diligently working to make aleph.im a household name.

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