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WOO X designated market maker plans to expand the spot market in January 24

WOO X designated market maker plans to expand the spot market in January 24

CointimeCointime2023/12/21 13:51
By:Cointime

The cryptocurrency trading platform WOO X announced that it will expand its designated market maker (DMM) program to the spot market in January of next year. WOO X aims to achieve a 100% custody ratio by the second quarter of 2024.WOO X stated that since the launch of the perpetual contract DMM model in August 2023, the model currently accounts for nearly 80% of all open order trading volume in the perpetual futures market.

1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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