WOOFi Goes Live on Monad: CEX-Grade Execution Meets On-Chain Trading

Source: CryptoNewsNet Original Title: WOOFi Goes Live on Monad with High-Speed, Low-Slippage On-Chain Trading Original Link:

WOOFi Launches on Monad with CEX-Grade Execution

WOOFi, a popular decentralized exchange (DEX), has recently announced its official launch on Monad, an efficient blockchain infrastructure platform. The launch is set to offer centralized exchange (CEX)-level execution to benefit institutional and retail traders. As WOOFi Swap revealed in its announcement, the development delivers lower slippage and tighter spreads for consumers. By using diverse on-chain oracles for CEX order books, WOOFi guarantees that prices fully reflect real liquidity and depth instead of depending completely on automated market maker (AMM) curves.

WOOFi Swap Offers CEX-Scale Execution on Monad with Greater Efficiency and Liquidity

The official launch of WOOFi Swap on Monad endeavors to provide CEX-scale execution to support individual and institutional traders alike. This development is anticipated to notably improve the trading experience within the Monad ecosystem. In this respect, WOOFi Swap brings the sPMM engine to track real-time market movements, leveraging Monad’s low-latency infrastructure and high-throughput capabilities.

Traders can use quotes that effectively scale in line with the trade size, guaranteeing relatively consistent fills at any time, even amid high volatility. In addition to this, retail consumers, systematic strategies, and power traders alike can access deeper efficient liquidity on-chain, minimizing dependence on scattered liquidity sources. Clients can keep trading through suitable aggregators while also enjoying CEX-scale execution standards.

The infrastructure that Monad delivers makes it the perfect environment for this model, supporting seamless institutional flow and swift order tracking without any compromise on execution quality. By incorporating aggregators and broadening support for more assets from Monad, WOOFi Swap is establishing a liquidity ecosystem that continuously improves itself. Each exclusive connection minimizes execution costs and heightens trade size, developing a relatively effective ecosystem for traders.

Establishing a Unique Benchmark for Decentralized Trading

According to WOOFi Swap, the launch on Monad is poised to attract decentralized applications (dApps), aggregators, and wallets to utilize its liquidity platform. Integrators can get eligibility for broker rebates, benefiting broader adoption and comprehensive liquidity coverage within the blockchain. Ultimately, with the merger of on-chain transparency and institutional-scale execution, WOOFi Swap intends to establish an exclusive benchmark for Monad-based decentralized trading, offering an inclusive venue for large-scale and small traders.