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Last time I used Django Rest Framework the serializers were slow. Has this changed in recent years?

No, but you don’t need to use the built-in serializers. Just swap them out for Marshmallow.

This implies using two library layers on top of Django's own syntax. At that point, `def serialize(self) -> dict:

Not sure why this is down voted, I use marshmallow serializes with DRF. Marshmallow serializes are more flexible and the learning curve isn't high.

As long as you load them with objects that don’t need future queries they are fine….