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1) For the last few weeks, has been the fastest, cheapest, most liquid on-chain DEX in the world. It's also been really clunky to get funds to. Now it's easy.
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3) This means that you can now convert between ERC20 tokens and SPL tokens 1:1 natively in sollet.io; all you have to do is connect it to your Metamask walet.
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So user pays gas on way in and out in ETH to Serum. Probably doesn’t make sense for a small trade but does for a larger one. Feels like a Layer 2 like what OMG Network is doing with a plasma chain.
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Yup, but only if you're going straight in and out; if you're staying on Solana then it's extremely cheap and quick, but also on a layer 1 blockchain
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