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Run by Project Serum operating on the Solana blockchain, Serum is a next-generation decentralized exchange (DEX) and ecosystem. The Serum DEX offers traders fully decentralized crypto trading, including trustless, fast, and cheap limit orders using an automated order book system. Furthermore, as a decentralized platform, Project Serum uses the native Serum token (SRM) to govern the network and incentivize honest behavior. Also, the SRM token and sister MegaSerum token (MSRM) work together to offer incentives to attract users to the platform.

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