WOO X Introduces Meme Coin, Layer 2 Index Perpetuals in Partnership With Wintermute, GMCI
Summary
Crypto exchange WOO X has launched index perpetual contracts linked to meme coins, the top 30 cryptocurrencies, and layer 2 tokens. This was done in collaboration with market maker Wintermute and indices provider GMCI. WOO X raised $9 million in a funding round in January, which included participation from Wintermute and Amber. The exchange is offering traders GMCI’s MEME index, which features top meme coins such as SHIB, PEPE, and DOGE. The L2 index tracks scaling tokens like MATIC, IMX, and OP. WOO X plans to introduce a copy trading option and on-chain U.S. Treasury Bills. The new index products will enable both retail and sophisticated investors to develop more complex strategies.
