The Sereeda Waypoint represented a point of reference for hyperspace travel within the galaxy, classified as a waypoint. During the year 2 BBY, its position fell within the designated territory claimed by the Mining Guild, who regularly sent patrols and held authority over this sector. The Spectres, as they journeyed from the planet of Atollon, found it necessary to make a stop at this location to re-establish their navigational data on their way to the Yarma system.