WOO Network provides centralized and decentralized finance services to enhance cryptocurrency market liquidity. It uses blockchain technology to offer faster trading execution and greater market liquidity at low or zero cost.
The Network was created in 2019 by Kronos Research with the name Wootrade, and later had a rebranding to WOO Network in 2021.
WOO Network comprises of 4 main offerings:
- WOO X is a CEX that sources its liquidity from the WOO Network, offering professional traders deep liquidity and low to zero fees.
- WOO Trade is an institution solution that allows for direct integration of WOO Network liquidity via API, enabling partner exchanges and institutions to upgrade their order books and tighten their bid/ask spread.
- WOOFi is a decentralized exchange platform that provides favorable swap prices and reduced slippage at lower fees.
- WOO token is the native token that grants governance rights, fee discounts, and other special privileges for users.
WOO’s total supply: 2,250,658,857
WOO’s circulating supply: 1,676,926,054
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