SERP Coin Project Overview

SERP Coin: Shibarium Perpetuals Token Project Analysis and Market Status

SERP Coin, short for Shibarium Perpetuals, is a decentralized spot and perpetual contract exchange token. The project aims to provide users with a trading experience free from price impact and with low transaction fees. The SERP token is issued on the Ethereum blockchain, and its core mechanism involves generating revenue for liquidity providers (LPs) through market making, swap fees, and leveraged trading. Additionally, the SERP project integrates Chainlink oracles to ensure dynamic and accurate asset pricing.

SERP Coin: Shibarium Perpetuals Token Project Analysis and Market Status

SERP Tokenomics and Supply

Regarding the total supply of SERP tokens, there are some discrepancies in publicly available information. Some sources previously mentioned a total supply of 2.1 billion tokens after the second upgrade in 2019, but most mainstream data platforms currently show a maximum supply of 1 billion tokens (1,000,000,000 SERP).

SERP Coin Market Status and Trading Channels

According to market data from October 29, 2026, SERP Coin's market activity is extremely low. Multiple mainstream cryptocurrency data platforms show its 24-hour trading volume as zero or "N/A" (not applicable), and its circulating supply is also reported as zero. For example, Coinbase explicitly states that Shibarium Perpetuals is not tradable on its platform, and its circulating supply and 24-hour trading volume are both 0. KuCoin also indicates that it currently does not support trading SERP on its platform. Although some platforms have displayed its price information, the lack of actual trading volume and circulating supply suggests that the token currently has no reliable active trading channels, and market liquidity is almost depleted. Investors considering any related operations must fully understand its high risks and conduct thorough due diligence.