Bitget Wallet has just taken a leap forward in enhancing user experience by integrating WOOFi, the decentralized trading protocol developed by WOO Network. This upgrade brings reduced slippage and lower trading fees, making these benefits more accessible to Bitget Wallet users.
In particular, traders can seamlessly access the WOOFi platform through both the browser extension and mobile app of Bitget Wallet. This integration enables cross-chain transactions, layer zero-based cross-chain staking services, and a suite of other features, elevating the platform’s capabilities.
What sets WOOFi apart is its groundbreaking synthetic proactive market making (sPMM) approach, which mirrors a traditional exchange’s order book to ensure deeper liquidity. This liquidity is a pivotal factor impacting crypto traders, increasingly vital in their platform selection process. WOOFi stands strong with over 650,000 active monthly users, securing a spot among the top 15 platforms by trading volume.
The WOOFi team commented on the integration:
“Our commitment is to make decentralized trading more accessible and user-oriented, and partnering with Bitget Wallet is a significant stride towards that goal.”
This collaboration signifies another achievement in the ongoing partnership between WOOFi and Bitget Wallet. Previously, Bitget Wallet’s multi-chain DEX aggregator Bitget Swap had integrated the WOOFi trading protocol across various chains like Optimism, BNB Chain, and Linea, further expanding its functionalities and offerings.