Serum, an open liquidity infrastructure known to be the most widely used liquidity hub in the Solana ecosystem, is now said to be forked after the fact that it may have been compromised due to the FTX hack.
A developer with a pseudonym, Mango Max, said on Twitter a “verified build of the same version has been made and deployed” on Nov 12. In addition, the upgrade authority and fee revenues have been changed and are now managed by a multi-sig controlled by a team of trusted developers. Serum (SRM) and MegaSerum (MSRM) tokens, and also fee discounts, were not altered and are now working as usual.
Given that FTX develops Serum, many Solana developers believe the hack may have affected the protocol. Anatoly Yakovenko, a developer of the Solana blockchain, stated that developers are racing to fork Serum’s code today and resume the protocol without the involvement of FTX.
However, apparently, developers might have to require another…
