Serum Will Flourish During SEC’s War on Centralized Exchanges

SEC Chairman Gary Gensler’s recent comments have propelled the tantalizing value of Serum into hyperspace.

Regulation is coming to crypto, and the SEC has centralized exchanges in the crosshairs. These powerful entities are set for a long legal battle and power grab.

How is this bullish for Serum? It's a fast-and-cheap decentralized exchange that will have more autonomy from the SEC. Meanwhile, the SEC's regulation will create a landscape where institutional money will feel more comfortable to flow in by the truckload.

This is what Serum is made for. It's a platform that maximizes the power of DeFi for builders and user. It's utility is already in plain view. Not only that, but the chart looks good too!

SEC Sets the Table

"There's a lot of money in crypto, and we're hardly getting any of it."

Gensler has made it clear he has his eyes on centralized exchanges. He has set the framework for some tokens to be called securities. In his prepared statement, Gensler said:

"Make no mistake: To the extent that there are securities on these trading platforms, under our laws, they have to register with the Commission unless they qualify for an exemption."

If the SEC declares certain coins securities, it would open up a possible legal route they could pursue to fine centralized exchanges and delist those coins. None of this means that this is where we are headed. In fact, that severe of an outcome is unlikely.

Coinbase is now a publicly traded company after all. It's hard to see them being regulated and fined out of existence by the SEC. It's not like Coinbase has been cowering in fear either. CEO Brain Armstrong has been active on social media.

The end game of all of this is just a power grab. These two are digging in for a battle! There will be lawyers, carnage, change and opportunity. It's the opportunity that leads us to Serum.

While this epic battle for the burgeoning crypto industry rages on, Serum will be chugging along and building. Decentralized exchanges, while not immune from SEC scrutiny, will operate with far more freedom than centralized exchanges.

Especially savvy decentralized exchanges that are set up to offer a secure and compliant gateway to do so.

Enter Serum

Serum is a fast, cheap, easy-to-use gateway to DeFi and dApp world of Solana.

The CLOB

"I am The Clob!"

Sounds like an evil villain!

It’s actually the central limit order book, and it's here to make your life with DeFi easier.

The CLOB will maximize the efficiency of the liquidity to enhance the user experience for project builders and users. How? it will bank all the fragmented liquidity into one usable pool.

This is going to attract innovation and users and propel itself in a positive feedback loop.

Starts with Developers

Projects looking to build on Serum will have access to that liquidity. Having access to liquidity is a barrier for any start up!

Other features aimed at attracting developers include:

• Availability of the EcoSystem Grant to help incentive and incubate promising projects

• Anchor offers tools for developers to help them build and integrate

• Serum Swap Codebase will allow others to build on top of

• Culminated list of project ideas

It's Already Working

Serum is doing over $100-million in volume a day.

Through it's pools of liquidity, users can swap tokens in a user-friendly and seamless way through a bridge that navigates through the dApp and DeFi world.

Raydium utilized the Serum CLOB to help build out the Solana universe, and they are not alone. More projects, like the below Atrix Protocol are also springing to life with the aid of the Serum.

The beauty of all this is that the Serum token is needed to utilize all these protocols which helps increase the value of Serum.

The Future

Serum's goal is to be able to handle the retail and institutional demand that is expected to bring in $10 trillion worth of data to DeFi. This will happen as applications make it more user friendly. Also as that crypto regulation we were talking about make it an environment institutions will wade into.

This is what Serum is built to support. The roadmap details the quest to add partners and continue to facilitate the building of dApps to grow the DeFi ecosystem.

The Present and the TA

Big plans of the future are all well and good, but we are talking about putting our money into this project in the present! Big plans mean nothing if the project doesn't have the chart.

Serum is gaining traction and the price shows. A climbing price can make finding an entry hard! Well, we're in luck here because we can rely on Lambda Markets. This gives you access to advanced charting indicators, and you'll even get updates like this from Lambda co-founder Ted Talks Macro:

So many tools to find your entry! Which I need to use too. I actually don't hold any Serum. I will look to change that at the bottom of the range above or when it breaks Ted's resistance!

Remember, DYOR and never chase green candles! Also follow me on Twitter for more alpha on gems and insights from the metaverse!

Check out the tedtalksmacro Youtube channel for market and coin updates.