Jul 14, 2025

Improving liquidity on WOO X with Retail Price Improvement order

WOO X is a leading centralized crypto exchange renowned for its deep liquidity and best-in-class price execution across both spot and futures markets. Our mission is to provide traders with seamless access to highly liquid markets and competitive trading conditions that empower WOO X users to trade confidently and efficiently.

Liquidity is a never ending game

With over 500 trading pairs available, WOO X ensures traders can access deep liquidity pools regardless of market conditions. Whether you’re trading major cryptocurrencies or exploring emerging tokens, our extensive asset selection delivers competitive pricing and smooth execution every time.

At the heart of this liquidity ecosystem are WOO X’s Designated Market Makers (DMMs)—a diverse group of professional liquidity providers who maintain tight spreads and robust order books.

These DMMs play a crucial role by consistently supplying liquidity to both spot and perpetual futures markets, earning incentives for maintaining significant maker volume shares.

Behind the scenes, WOO X’s team is constantly innovating and improving the platform. Much of this ongoing work happens quietly, ensuring WOO X’s users benefit from the latest trading technology and optimized liquidity without disruption when they are trading.

Today, we proudly announce the launch of the Retail Price Improvement (RPI) order, a specialized order type designed exclusively to enhance the trading experience for retail users.

Introduction of RPI to improve liquidity for retail users

RPI stands for Retail Price Improvement order and represents a unique category of Maker orders, crafted specifically to provide liquidity exclusively to retail users, those who trade without algorithmic APIs.

These orders add liquidity to the order book but only match with non-algorithmic retail taker orders, ensuring that retail users receive targeted price improvement and deeper order book access. By creating a dedicated liquidity pool for retail participants, RPI orders enable retail traders to benefit from more competitive pricing and enhanced order book depth.

How do RPI Orders work?

Retail Price Improvement (RPI) order is a specialized category of post-only maker orders available exclusively to designated market makers on WOO X who meet stringent eligibility criteria. Participation is by invitation only and subject to regular review to ensure high-quality liquidity provision.

Characteristics

Aspect	Retail Price Improvement Orders on WOO X
Purpose	Provide exclusive liquidity to retail traders via designated market makers.
Eligibility	Only designated market makers were invited to participate; minimum maker volume required.
Order type	Post-only limit orders placed via API only from MMs
Matching	RPI orders match exclusively with non-algorithmic retail takers (manual through the GUI aka. non-API orders).
Execution priority	RPI orders have lowest priority at their price level, filling after all non-RPI orders.
Transparency	Regular updates on liquidity improvements, spread and slippage
Benefits to retail users	Deeper order books, tighter spreads, reduced slippage, and guaranteed execution at order price or better.

Benefits for WOO X traders

Exclusive price improvement
RPI orders provide retail users with the opportunity to execute trades at prices better than the prevailing market price by matching exclusively with non-algorithmic retail orders.

Deeper and dedicated liquidity pool
Retail traders gain access to a dedicated liquidity pool created by designated market makers, resulting in tighter spreads and improved order book depth tailored for retail trading needs.

Reduced slippage and better execution quality
By interacting with RPI liquidity, retail users experience less slippage on their trades, improving execution quality especially for larger orders.

Fair and transparent trading environment
RPI orders are post-only and have the lowest execution priority at their price level, ensuring they supplement existing liquidity without disrupting the natural order flow or price discovery.

Seamless user experience
The system automatically checks for better prices through RPI when a retail user places a trade, improving execution in the background without requiring any additional action or settings changes.

Why liquidity makes WOO X a preferred trading destination

WOO X’s deep liquidity is designed to provide competitive pricing and ample order book depth, specifically enhancing the trading experience of our retail users.

"Our ability to achieve substantial liquidity enhancements highlights the robustness of the WOO X trading ecosystem and our unwavering dedication to offering retail traders an exceptional trading experience," said Ben Yorke, VP of Ecosystem. ‘’The launch of RPI is transformative, setting a new benchmark for retail-focused liquidity innovation, and we are proud to be at the forefront of developments that directly empower our trading community."

At WOO X when it comes to liquidity, we’re punching way above our weight

That means better prices, tighter spreads, and less slippage, giving you the edge you need to win in tough markets. Come check out our liquid markets and smooth execution, and trade with confidence.

Ready to win with WOO X?
Signup today and start trading!

Q&A

What is a Retail Price Improvement (RPI) order?
An RPI order is a specialized type of post-only maker order on WOO X designed exclusively to provide liquidity to retail traders who place manual (non-algorithmic) trades via the GUI. These orders add liquidity to the order book but only match with non-API retail taker orders, offering retail users better pricing and deeper order book access.

Which trading pairs are currently benefiting from RPI?
BTC, ETH and SOL trading pairs for both spot and perpetual markets benefit from RPI as of July 14, 2025.

Who can place RPI orders?
Only designated market makers (DMMs) invited by WOO X who meet strict eligibility criteria.

Will RPI orders affect the overall market price or order flow?
No. RPI orders have the lowest execution priority at their price level and only fill after all non-RPI orders, ensuring they supplement liquidity without disrupting natural price discovery or order flow.

Do I need to do anything differently to benefit from RPI orders?
No. The system automatically checks for better prices through RPI orders when you place a trade manually via the GUI. There’s no need to change any settings or take additional steps.

Can algorithmic traders benefit from RPI orders?
No. RPI orders are designed exclusively to improve liquidity and pricing for non-algorithmic retail traders. Algorithmic or API-based trades do not interact with RPI orders.

How does WOO X ensure the quality of liquidity provided by RPI orders?
Participation in RPI is by invitation only, with regular reviews of designated market makers’ performance to maintain high-quality liquidity provision.

Are there any restrictions or limitations on RPI orders?
Yes. RPI orders:

Are post-only limit orders placed via API by designated market makers only.
Cannot be combined with conditional orders such as Stop-Loss or Take-Profit.
Are available on spot and perpetual futures markets.
Must comply with standard margin requirements and order size limits.
Cannot cross non-RPI orders (i.e., cannot match if bid prices exceed ask prices).

Disclaimer

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