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About WOO Network

WOO Network is a network that seeks to connect traders, exchanges, institutions, and DeFi platforms. It aims to democratize access to high-quality liquidity and trading execution at lower or no cost. The WOO Token is used within the network's CeFi and DeFi products for staking and fee reductions. The network has developed a diverse set of products and services that interface with retail, institutions, CeFi, and DeFi. These include WOO X, a trading platform that does not charge fees, and WOOFi, a decentralized exchange deployed across select DeFi protocols and applications.

WOO Network operates through its two main products: WOO X and WOOFi. WOO X is a trading platform that does not charge fees and aims to provide professional and institutional traders with superior liquidity options and execution. It features fully customizable modules for workspace customization. On the other hand, WOOFi is a decentralized exchange that aims to provide users with enhanced on-chain liquidity and execution. It currently provides swaps, WOO staking, and yield-generating pools on BNB Chain and Avalanche. WOO Network also provides liquidity as a service for institutional clients, aiming to enhance their order books to a depth comparable to other exchanges and tighten their bid/ask spread.

WOO Network has a variety of potential use cases, particularly for traders, exchanges, institutions, and DeFi platforms. For traders, the network's trading platform that does not charge fees, WOO X, aims to provide a customizable workspace with superior liquidity options and execution. For exchanges and institutions, WOO Network provides liquidity as a service, aiming to enhance their order books and tighten their bid/ask spread. For DeFi platforms, WOOFi, the network's decentralized exchange, aims to provide enhanced on-chain liquidity and execution. Additionally, the WOO Token can be used for staking and obtaining fee reductions within the network's CeFi and DeFi products.

WOO Network was incubated in 2019 by Kronos Research, a multi-strategy trading firm with a focus on market making, arbitrage, CTA, and high-frequency trading. The network launched on October 30, 2020, with 3 billion WOO tokens created at genesis. The tokens were distributed through private and public sales, team allocation, advisor allocation, and ecosystem support. The network has since developed a diverse set of products and services that interface with retail, institutions, CeFi, and DeFi, including WOO X and WOOFi.

Market

Market stats

Market cap

$546.7M

Volume (24h)

$10.5M

Circulating supply

1.9B WOO

All time high

$1.55

Market performance

Price change (1h)

+1.76%

Price change (1d)

+3.38%

Price change (1w)

+7.77%

Price change (2w)

-11.16%

Price change (1m)

-33.18%

Price change (1y)

+28.82%

News about WOO Network

Unchained • May 09, 24

US House Votes to Overturn Controversial SEC Guidance for Crypto Custodians

The U.S. House of Representatives voted to pass a measure that would overturn the U.S. Securities and Exchange Commission’s (SEC) controversial Staff Accounting Bulletin (SAB) 121, which would require crypto custodians to hold customer’s crypto assets as liabilities on their own balance sheets. T...

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The Block • May 09, 24

Optimism’s Superchain now supports Layer 3 chains via OP Stack

Optimism announced that Layer 3 chains can now join the Superchain by building on the OP Stack and sharing revenue with Optimism Collective.

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Unchained • May 08, 24

Vitalik’s New EIP-7702 Draws Early Support; Could Be Included in Ethereum’s Next Hard Fork Upgrade

Ethereum Improvement Proposal (EIP)-7702 has seen increasing support among developers, builders, and researchers less than a day after Ethereum co-founder Vitalik Buterin and three additional authors proposed it, a potential sign the EIP will be included in the next hard fork upgrade.  EIP-7702 e...

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BeInCrypto • May 08, 24

UK Plans to Regulate Staking and Stablecoins

Economic Secretary Bim Afolami emphasizes the need for immediate legislation on stablecoins and staking in the UK, highlighting the urgency with looming elections.The post UK Plans to Regulate Staking and Stablecoins appeared first on BeInCrypto.

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BeInCrypto • May 08, 24

Bitget Partners with Alchemy Pay for Indian Rupee Crypto Purchases

Alchemy Pay and Bitget partner, enabling users in India to buy cryptocurrencies with Indian Rupees (INR). This integration enhances convenience and expands services in Southeast Asia.The post Bitget Partners with Alchemy Pay for Indian Rupee Crypto Purchases appeared first on BeInCrypto.

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CoinDesk • May 08, 24

Kgothatso Ngako: How I Brought the Machankura Bitcoin App to Africa

Ngako is speaker at this year's Consensus festival, in Austin, Texas, May 29-31.

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WOO Network is on the rise this week.

The price of WOO Network has increased by 1.76% in the last hour and increased by 3.38% in the past 24 hours. WOO Network’s price has also risen by 7.77% in the past week. The current price is $0.29 per WOO with a 24-hour trading volume of $10.50M. Currently, WOO Network is valued at 81.04% below its all time high of $1.55. This all-time high was the highest price paid for WOO Network since its launch.

The current circulating supply of WOO Network is 1,858,707,769.735 WOO which means that WOO Network has as total market cap of 1,858,707,769.735.

FAQ

What is the current price of WOO Network?

We update our WOO Network to USD currency in real-time. Get the live price of WOO Network on Coinbase.

What is the market cap of WOO Network?

The current market cap of WOO Network is $546.72M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of WOO Network?

The all-time high of WOO Network is $1.55. This all-time high is highest price paid for WOO Network since it was launched.

What is the 24 hour trading volume of WOO Network?

Over the last 24 hours, the trading volume of WOO Network is $10.50M.

What other assets are similar to WOO Network?

Assets that have a similar market cap to WOO Network include Fetch.ai, Pyth Network, Kava, and many others. To see a full list, see our comparable market cap assets.

How many WOO Network are there?

The current circulating supply of WOO Network is 1.9 billion.

Can I buy WOO Network on Coinbase?

Yes, WOO Network is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy WOO Network guide.