back02 May 20221 min read
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New Pyth Data Provider: WOO X

We are excited to welcome WOO X, a centralized exchange specializing in deep liquidity, to Pyth Network. WOO X will be contributing its market data for cryptocurrencies to the network.

What is WOO X?

  • WOO X is a centralized exchange specializing in deep liquidity, made possible by its algorithmic aggregation techniques that integrate liquidity from top institutional and retail exchanges.
  • WOO X is powered by WOO Network, a leading institutional liquidity provider incubated by Kronos Research. Kronos Research is a leading market maker and high-frequency trading team with between $5 and 10 billion dollars per day in volume.
  • WOO Network closed a $30 million Series A fundraising round in November that included investments from Avalanche, BitTorrent, Capital, and Three Arrows Capital.

“WOO X is dedicated to building more robust DeFi ecosystems. Pyth Network’s technology and early adoption by leading institutions make it ideal for collaboration. We see Pyth as a way to contribute our market data, support DeFi ecosystems, and cultivate strong relationships with other top institutions in the crypto space,” said Jack Tan, CEO of WOO X.

We look forward to further coordinating with amazing partners to establish a digital marketplace of institutional grade, high-fidelity financial data, and power any financial dApps regardless of their blockchain base.

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