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Wednesday, June 5, 2024
HomeCryptoWOOFi will accelerate APAC growth by participating in GM Vietnam 2024

WOOFi will accelerate APAC growth by participating in GM Vietnam 2024

Leading DEX platform sponsors Web3 Builders Breakfast to strategically partner with developers and promote growth in the region.

Strategically targeting the Asia Pacific (APAC) region for the next phase of rapid growth, WOOFia leading perpetual futures and decentralized trading platform, announces main sponsorship of annual event Web3 Builders Breakfast in GM Vietnam 2024a gathering of Web3 builders, VCs and blockchain teams in the APAC region.

“We are excited to connect with the dynamic community of developers and innovators in Vietnam and the broader APAC region. The approval of spot BTC ETFs in Asia and expectations of ETH ETFs in the region are expected to attract a wider range of investors, accelerating the growth of digital asset payments across APAC . With these advancements, along with the significant increase in cryptocurrency adoption in this region, we are committed to driving expansion through impactful collaborations,” said Ben Yorke, Vice President The ecosystem at WOOFi said.

With SqrDAO, a community driven by Web3 developers, and Amazon Web Services (AWS) as key organizers, WOOFi will be joined by Metis, a permissionless Layer 2 network, and Cyber , Layer 2 for social networks, expanding Web3’s focus beyond the financial sector.

WOOFi’s announcement comes after the company’s recent foray into AI, with the integration of Kvants, a leading AI and machine learning platform, to enhance trading efficiency and provide analytical tools advanced for its users. The company also announced the integration of WOOFi Pro with the CryptoCurrency eXchange Trading (CCXT) Library, enhancing trading efficiency and expanding market participation for users on the WOOFi Pro platform.

What is WOOFi?

WOOFi is a leading DEX with a cumulative trading volume of over $14 billion and over 250K monthly active users. It supports 11 blockchains and offers a diverse range of products including revenue vaults, simple swaps, cross-chain swaps and perpetual futures contracts. WOOFi’s native token is WOO and it can be staked to share 80% of all protocol fees.

What is WOOFi Pro?

WOOFi Pro is a cross-chain gas-free CLOB perps protocol with up to 20x leverage, cross-chain deposit features, CeFi-level user experience, advanced trading tools, and revenue sharing. WOOFi Pro uses the Orderly Network Infrastructure allowing for a seamless CEX-like experience while maintaining self-management of funds.


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Mark Tyson
Mark Tyson
Freelance News Writer. Always interested in the way in which technology can change people's lives, and that is why I also advise individuals and companies when it comes to adopting all the advances in Apple devices and services.


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