WOO Network, a decentralised finance (DeFi) deep liquidity provider, raised $30 million in Series A funding on Tuesday. The cash will be used to grow the WOO Network's team and develop new products in the areas of futures, social, and DeFi trading. WOO Network announced the $30 million Series A fundraising about three weeks after launching WOOFi Swap, an on-chain market maker that mimics the behaviour of centralised exchanges.