What is WOO Network?

Modified on Tue, 06 Feb 2024 at 12:06 PM

WOO Network is a deep liquidity network that connects traders, exchanges, investment institutions, and DeFi platforms. Its role is to facilitate seamless access to high-liquidity trading with low fees.


How Does WOO Network Operate?


WOO Network collaborates with Kronos Research to draw liquidity from exchanges, investment institutions, and leading DeFi platforms. Users can access high-liquidity trading through API or GUI connections on WOO X and WOOFi.


Market makers from other platforms can use WOO Network as a tool for hedging against price volatility, as WOO Network offers low exchange fees.


Founders of WOO Network


In 2019, WOO Network received support from Kronos Research, a company specializing in liquidity provision, arbitrage, CTA, and high-frequency trading (HFT). Kronos Research conducts trading activities with an average daily trading volume ranging from 5 to 10 billion dollars on various cryptocurrency exchanges worldwide.


Reference

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