Today Project Serum successfully launched a DEX frontend on its protocol.
Serum is the world's first completely decentralized derivatives exchange with cross-chain trading capability. It has been launched on fast Solana blockchain.
The interface is very basic with no graphs or volume data. But orderbook is visible. The Exchange is compatible with sollet.io wallet. Speed is also quite good but not as fast as compared to centralized Exchanges.
I hope to see many more relays or interfaces for Serum DEX. Even the existing one ha a lot of room to improve upon. I like the interface like that of Tomochain DEX.
Anyway, it's functional and we can start trading on it.
FTX Exchange is celebrating this event with its Holy Trinity Giveaway to promote Deposits and Trades on Serum DEX. Of course, you will be required to fund your own (non-custodian) wallet i.e. sollet.io wallet.
Here is the offer:
(1) Deposit at least $50 worth of SOL in your sollet.io wallet.
Since FTX is running this promo, you will need to withdraw this amount from your FTX Exchange wallet.
1000 users will be randomly chosen for Holy Trinity of tokens as reward (comprising SRM, FTT & SOL 😁) worth $50.
(2) Execute a trade on the newly launched Serum DEX and write a post about it on any social media.
500 randome people who complete this task will be airdropped $100 worth of Holy Trinity Tokens i.e. FTT, SOL & SRM.
If you're interested, please check more details here before this offer gets over by Tuesday morning.
I know, the giveaway amount isn't very big but you have better chance to win it as no. of people being offered these rewards are quite good. If you participate in this event, I would love to read your review of Serum DEX on Hive. Do not forget to tag me there :).