Serum is a fully functional & decentralized derivatives exchange committed to the trustless cross-chain trading and provides users with the tradable price effectively and exactly. Built on Solana, it will be interoperable with Ethereum later stages. SRM stands for Serum token, which is the utility token of the Serum ecosystem. SRM will be fully integrated into Serum, and also benefit from a buy/burn of fees. SRM holders can stake towards any node to earn node rewards.