## WOO Network's Trading Platforms Soar Past $400 Billion WOO Network's centralized exchange (CEX) WOO X and decentralized exchange (DEX) WOOFi have achieved a combined trading volume exceeding $400 billion last year, according to their recent quarterly report. This impressive milestone signifies substantial growth and adoption of the WOO ecosystem. The revenue generated from WOO X and WOOFi reached approximately $29.3 million, marking a significant 3.5x year-on-year increase. This growth is fueled by strategic partnerships, product innovation, and a focus on combining the best of both centralized and decentralized finance. ## WOO Token Staking and Burn Initiatives The report also highlights the active participation in WOO token staking. Approximately 6.2 million WOO tokens are staked across various EVM-compatible chains, representing a considerable portion (around 28%) of the circulating supply. Furthermore, WOO Network demonstrated its commitment to tokenomics by buying back and burning over 19 million WOO tokens in Q1. This includes a substantial burn from the foundation's treasury wallet, reducing the overall supply and potentially increasing the value of the remaining tokens. ## AI-Powered Trading and Future Growth Looking ahead, WOO Network is actively developing AI-based trading systems, aiming to integrate DeFi and CeFi functionalities within the WOO App 2.0. This innovation, along with ongoing partnerships with institutions like Binance and KuCoin, positions WOO Network for continued growth and expansion in the cryptocurrency landscape. The network plans to focus on AI adoption, institutional market expansion, and community growth in 2025. ```

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