WOO Ecosystem hits milestone $1.6 billion 24-hour trading volume


VICTORIA, Seychelles, June 18, 2024 (GLOBE NEWSWIRE) -- The WOO Ecosystem has noted a significant milestone, surpassing $1.6 billion in 24-hour trading volume across platforms, reflecting market confidence in its transparency and innovation.

WOO X’s total trading volume in the last 24 hours is at $844.156 million (Futures at $809.981 million and Spot at $34.174 million) and for the same period, WOOFi’s trading volume hit $747.74 million (WOOFi Pro at 718.8 million and Swap at $28.94 million).

WOO X is the only centralized exchange that maintains a Live Transparency Dashboard, which users can use to track all assets and liabilities on the platform. As of this release, the dashboard confirms a Reserve Ratio of 120% and a Custody of 105%.

"Crossing the $1.6 billion trading volume mark is a testament to the trust and confidence that the community places in WOO Ecosystem platforms. We are immensely proud of the growth and remain steadfast in our commitment to providing a secure, transparent, and innovative ecosystem for digital asset trading," said Ben Yorke, VP of Ecosystem at WOO.

With a commitment to continuous improvement and innovation, WOO Ecosystem continues to solidify its position as a leader in the digital asset trading landscape, offering traders and investors a secure and seamless trading experience.

Contact us: ecosystem@woo.network

About WOO

WOO is an ecosystem of aligned products, including the WOOFi protocol, a leading DEX protocol with over $13B cumulative trading volume and 250k+ monthly active users, and WOO X, a top global crypto centralized exchange - all centered around providing innovations and tools to users while creating more utility for the WOO token.

Disclaimer

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