WOO Network and Its Native Token WOO: An Overview
WOO Network is a liquidity network offering both centralized and decentralized services, aiming to aggregate liquidity in the crypto market and address market fragmentation. Its core products include WOO X, a zero-fee crypto trading platform, and WOOFi, a Decentralized Finance (DeFi) platform. WOO Network was incubated by Kronos Research, a leading quantitative trading firm, and is committed to providing users with a more efficient and cost-effective trading experience.
The native utility token of WOO Network is WOO, which plays a crucial role throughout the ecosystem. Investors and users can view WOO's real-time price and market dynamics on market data platforms like Svmuu.
WOO Tokenomics and Supply
The maximum supply of WOO tokens is set at 3 billion (3,000,000,000) tokens. WOO Network employs a deflationary tokenomics model, aiming to reduce the total supply through continuous token burning, with the ultimate goal of burning 50% of the maximum supply.
- Initial Issuance: WOO tokens were first issued in October 2020, with an initial circulating supply of 91,200,000 tokens.
- Current Supply: As of August 27, 2026, the circulating supply of WOO is approximately 1.89 billion (1,888,782,088) tokens. CoinGecko data shows that after deducting burned tokens, the total supply of WOO is also approximately 1.889 billion tokens.
- Deflationary Mechanism and Burning Plan: WOO Network implements token burning through various mechanisms. For example, as of early 2024, over 900 million tokens have been permanently removed through burning. Starting from June 2024, the project team has implemented regular token buyback and burning programs using protocol fees to systematically reduce the total token supply. Previously, liquidations from WOO Ventures, WOO DAO, and the insurance fund also led to significant token burns.
Main Uses of WOO Token
The WOO token is central to the WOO Network ecosystem and has multiple utility functions:
- Trading Fee Reductions and Zero-Fee Trading: Users who stake WOO tokens on the WOO X platform can enjoy reduced trading fees, achieve zero-fee trading, and even receive maker rebates, as well as daily free withdrawals and other exclusive discounts.
- Liquidity Provision and Rewards: WOO tokens can be used to provide liquidity for the WOO X DEX and earn rewards.
- Data and Bandwidth Purchase: On WOO Network's decentralized social network, WOO tokens can be used to purchase data or bandwidth services.
- Cross-Chain Bridge: WOO tokens act as a bridge between different blockchains, facilitating asset flow.
- Community Governance: WOO token holders can participate in future governance decisions of WOO Network, influencing the project's development direction.
Historical Price and Market Performance
The all-time high price for WOO tokens was $1.78 (reached on November 15, 2021). As of August 27, 2026, its price is approximately $0.01179, with a 24-hour trading volume of about $1.36 million and a market capitalization of approximately $22.26 million. The all-time low price was $0.01018 (reached on August 14, 2026). WOO Network raised approximately $51 million to $52 million through multiple funding rounds in its early stages.
WOO Token Trading Channels
WOO tokens can be traded on several major cryptocurrency exchanges. As of the time of writing, platforms supporting WOO trading include:
- Binance
- HTX
- MEXC
- Bithumb
- LBank
- WhiteBIT
- BitDelta
- GroveX
- Biconomy.com
- BloFin
- BTCC
- Bitunix
- FameEX
- OrangeX
Users are advised to verify the latest information and compliance of platforms before trading and to be aware of the inherent risks of cryptocurrency investments.
