The Solana (SOL)-based decentralized exchange (DEX) Serum (SRM) is updating its community as it faces fallout from the FTX collapse. According to the Project Serum Twitter account, Serum’s mainnet is defunct after the disintegration of FTX left its security permanently compromised. “What’s next for ProjectSerum: With the collapse of Alameda and FTX, the Serum program The post Solana-Based Crypto Project Serum (SRM) Says It’s ‘Defunct’ After FTX and Alameda Collapse appeared first on The Daily Hodl .