TechFlow reports that decentralized exchange WOOFi has launched its synthetic proactive market making (sPMM) service on the Solana network, supporting the SOL and USDC trading pair. This will strengthen institutional-grade liquidity products on Solana by leveraging centralized market-making strategies while preserving the self-custody advantages of decentralized finance.
This deployment marks the beginning of WOOFi's strategy to bring institutional liquidity and advanced DeFi tools to Solana, utilizing Solana's Rust-based infrastructure to optimize performance and enhance the overall user experience. As a high-performance, low-cost blockchain, Solana boosts WOOFi's growth potential.
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