TechFlow, April 10 — WOO released its first-quarter 2025 report today, showing that WOO X and WOOFi together generated $29.3 million in platform revenue for the full year of 2024, a 3.5x year-on-year increase, with trading volume surpassing $400 billion, demonstrating strong growth momentum.
In terms of tokenomics, approximately 6.2 million WOO tokens (28% of circulating supply) have been staked across multiple EVM chains including Arbitrum, Ethereum, BSC, and Avalanche. During the first quarter, the platform repurchased and burned over 19 million WOO tokens, while the foundation matched with an additional burn of 6.7 million WOO tokens, further optimizing the token economy model.
On product innovation, WOO is actively developing an AI-powered trading framework and plans to launch WOO App 2.0 in 2025, integrating both DeFi and CeFi functionalities. WOOFi focuses on decentralized trading experiences, while WOO X continues enhancing centralized trading services, creating complementary advantages.
In addition, WOO has launched a comprehensive suite of AI-driven tools and infrastructure to improve user experience and support smarter trading decisions.
Regarding ecosystem development, WOO has established partnerships with over 40 institutions, including Binance and KuCoin. WOOFi shares 80% of net income from swaps and perpetual contracts with stakers, while WOO X shares 0.1 basis points of all trading volume with stakers, forming a complete dual-track incentive mechanism.
WOO plans to continue advancing in 2025 across three dimensions—AI-driven product innovation, institutional market expansion, and community development—to build a trading ecosystem that integrates the strengths of both centralized and decentralized platforms.
