Deep Dive
1. System Upgrade & Tick Size Adjustment (15 June 2025)
Overview: WOO X underwent a 3-hour system upgrade to improve trading services, infrastructure, and tick size precision. Users retained open orders by default unless opting for auto-cancellation.
This upgrade targeted backend stability and order-matching efficiency, critical for handling high-frequency trading. Tick size adjustments reduced slippage risks by aligning price increments with market liquidity conditions.
What this means: This is neutral for WOO as it prioritizes long-term reliability over immediate user benefits. Smohestablished exchanges often require such maintenance to scale securely. (Source)
2. Retail Price Improvement Order Launch (14 July 2025)
Overview: The RPI order type allows designated market makers to provide tighter spreads for retail traders, aiming to improve liquidity depth.
This feature requires strict eligibility checks for makers, ensuring only high-quality liquidity enters the pool. Code changes likely involved new order-type logic and real-time monitoring systems.
What this means: This is bullish for WOO because better liquidity could attract more traders, boosting platform activity and fee revenue. However, its impact depends on market maker participation. (Source)
3. Order Size Limits Adjustments (13 July 2025)
Overview: Minimum order sizes were updated for 11 perpetual and spot pairs, with precision changes ranging from 0.000001 to 0.001.
These adjustments optimize granularity for low-cap assets (e.g., SPOTSPKUSDT) while preventing micro-orders on volatile pairs (e.g., PERPFARTCOINUSDT). Backend updates ensure price rounding aligns with maker/taker incentives.
What this means: This is neutral for WOO—routine fine-tuning to balance market efficiency and spam prevention. Traders benefit from more flexibility but must adapt strategies. (Source)
Conclusion
WOO’s recent updates emphasize stability and liquidity refinement, though no groundbreaking code innovations stand out. The RPI order and tick adjustments suggest a focus on institutional-grade infrastructure. How might WOO’s planned AI integration (H2 2025) leverage these foundational upgrades?