WOO X designated market maker plans to expand the spot market in January 24

The cryptocurrency trading platform WOO X announced that it will expand its designated market maker (DMM) program to the spot market in January of next year. WOO X aims to achieve a 100% custody ratio by the second quarter of 2024.WOO X stated that since the launch of the perpetual contract DMM model in August 2023, the model currently accounts for nearly 80% of all open order trading volume in the perpetual futures market.