COSS DEX listing Serum SRM
Hello, everyone.
We are expanding our list of supported assets on COSS DEX by adding support for Serum SRM.
SRM is now available on the SRM_USDT pair on https://dex.coss.io/trade/SRM_USDT.
About Serum (SRM)
Serum is the world’s first completely decentralized derivatives exchange with trustless cross-chain trading brought to you by Project Serum, in collaboration with a consortium of crypto trading and DeFi experts. The Serum protocol is permissionless — and the team does not hold special power anymore. It is up to the crypto community to use it as it wills.
Token information at a glance:
Serum (SRM): The backbone of the Serum ecosystem. Natively on Solana (SPL token), cross-listed as ERC20.
Total Supply：10,000,000,000 SRM
Initial Circulating Supply: 31,000,000 SRM (0.31% of total supply)
Official Website：https://projectserum.com/
White Paper: https://projectserum.com/serum_white_paper.pdf
SRM ERC-20 Etherscan: https://etherscan.io/token/0x476c5e26a75bd202a9683ffd34359c0cc15be0ff
Token Distribution:
Team and Advisors：20% of total supply
Project Contributors：23% of total supply
Locked Seed and Auction Purchasers：3% of total supply
Partners and Collaborator Fund：27% of total supply
Ecosystem Incentive Fund：27% of total supply
More information on SRM supply here.
About COSS DEX
COSS DEX is a spot trading platform which provides cross-chain trading, deep liquidity, fast trade execution and settlement, and enables trading for its own COS token. 50% of trading fees generated on the COSS DEX is shared with COS token holders as part of their Fee Split Allocation (FSA) entitlement.
The platform is not limited to ERC20 tokens such as wrapped-BTC as with most commonly known DEXes — users are now able to trade BTC (core), LTC, BCH, XRP, and more right from their COSS DEX wallet.
COSS DEX operates on the ByteTrade blockchain and has a high speed matching engine supported by the protocol. The “Match-Chain” built on the ByteTrade layer-2 scaling structure provides stable and high- speed order matching services. This is different from any decentralised exchange you have heard of. Users enjoy an on-chain trading experiences as fast as 1 second, which is both fast and secure.
COSS DEX offers:
- Liquidity — All assets and pairs listed on COSS DEX are supported by market makers who ensure available liquidity for quick order matching.
- Cross-chain — Non Ethereum assets such as Bitcoin and Litecoin are available to trade from a single multi-coin wallet.
- Security and ownership — Your private key, your wallet. Your COSS DEX multi-coin wallet is secured on the ByteTrade Open Network blockchain, and you remain in control of your account as long as you have access to your seed phrase or private keys.
- Free transfers to other COSS DEX users — You can instantly transfer any asset supported on COSS DEX to any other COSS DEX user by simply sending to their username. The transfer is settled on the ByteTrade blockchain and there are no fees for wallet-to-wallet transfers.
We are making every effort to bring only the best digital assets to our users and expand our partnerships.
COSS Team
