Serum's "fork" option gives the project's team "hope" despite continued hurdles.

The community-led fork of Serum v3 is live on Solana with over $1 million daily volume and initiatives to expand and grow its liquidity.

Project Serum tweeted that Openbook reduced Serum's volume and liquidity to almost nil.

The DEX said the "future of SRM is unknown," with community members divided.

Some people say it shouldn't be used because it is close to FTX and Alameda.

Solana's developers forked Serum after it was compromised by the FTX hack.

Developers who depend on Serum were forking its code after its upgrade key was compromised.