WOO Network
Headquarters
Taipei Taiwan
About us
To empower individuals with democratized access to top-tier liquidity and superior trading execution at zero or low cost.
WOO operates as a comprehensive trading and liquidity ecosystem that bridges centralized and decentralized finance. The platform handles over $1.5 billion in daily trading volume and serves hundreds of thousands of traders worldwide through its flagship exchange WOO X. Originally incubated by quantitative trading firm Kronos Research in 2019, WOO has evolved into an AI-powered infrastructure provider for trading, automation, and onchain execution across multiple blockchain networks. The company emphasizes radical transparency through its live Proof of Reserves & Liabilities dashboard and operates with a mission to provide the best liquidity on the best terms while competing on integrity, user experience, and global opportunities.
Products
The WOO ecosystem spans both centralized and decentralized trading through several key products. WOO X serves as the main centralized exchange offering zero-fee spot trading and futures with institutional-grade execution. WOOFi operates as an omnichain DEX enabling swaps and earn vaults across major blockchain networks including Ethereum, Avalanche, and Polygon. WOOFi Pro functions as a gasless orderbook perpetual DEX with up to 100x leverage and agent compatibility. Starchild provides AI-powered infrastructure with premium data and over 500 app connectors for automated trading strategies. WOO Stake acts as the onchain staking hub for the native WOO token.
Funding
WOO has raised over $60 million across multiple rounds since 2020. The company secured a $10 million seed round led by Dragonfly, followed by a $30 million Series A in November 2021 with participation from Three Arrows Capital, Crypto.com Capital, and others. Binance Labs led a $12 million Series A+ in January 2022. Most recently, WOO completed a $9 million funding round in January 2024 from market makers including Wintermute and Selini Capital to enhance platform liquidity.
Recent news
In July 2025, WOO Network's centralized exchange, WOO X, suffered a security breach resulting in a $14 million loss. The incident was attributed to a sophisticated phishing attack that targeted employee credentials, allowing attackers to bypass internal security measures and trigger large, rapid cashouts. In response, the team fully reviewed the vulnerability to reinforce platform security.
Technology
The backend infrastructure runs primarily on Java with Spring Boot and Spring Cloud frameworks for building RESTful and WebSocket APIs that handle real-time market data. Message brokers like Kafka and RocketMQ manage high-throughput asynchronous processing, while MySQL and PostgreSQL handle data persistence with Redis serving as high-speed in-memory storage. The entire system is containerized using Docker and orchestrated with Kubernetes on Linux environments. WOO is expanding into AI and LLM deployments with Python, PyTorch, TensorFlow, and Langchain to power next-generation Web3 and agentic tools.
Benefits
WOO offers work flexibility with a globally distributed team across 12 cities in eight countries throughout Europe and Asia. The company provides performance-based annual bonuses for all contributors and emphasizes a culture built on meritocracy, transparency, and innovation. Employees work in a supportive environment that nurtures individual ideas, with opportunities to engage directly with the company's ecosystem through exclusive trading perks and platform rewards for WOO token holders. The organization operates with flat structures to enable fluid teamwork and efficient collaboration.