COW Protocol[COW]
Cow Protocol enables efficient decentralized trading with batch auctions and MEV protection.
CoW Protocol is a decentralized, permissionless meta-DEX aggregation protocol built primarily on Ethereum and Gnosis chains. It optimizes crypto trading by using batch auctions and trade intents to find the best prices for users while protecting them from Miner Extractable Value (MEV) exploits such as front-running and sandwich attacks. Instead of executing trades directly on-chain, users sign trade intents specifying their desired asset swaps, which are then grouped into batches. Specialized participants called "solvers" compete to find optimal trade settlements by matching orders through the economic principle of Coincidence of Wants (CoW), enabling peer-to-peer swaps that can bypass on-chain liquidity pools. When no direct CoW matches are found, solvers source liquidity from decentralized exchanges (AMMs) and aggregators to fulfill trades at the best price.
This approach reduces gas fees, slippage, and liquidity provider costs while delivering better execution prices than traditional DEX aggregators. CoW Protocol also offers MEV protection, making it safer and more cost-efficient for traders. It is governed by the CoW DAO, a decentralized autonomous organization where COW token holders participate in governance decisions, protocol upgrades, and treasury management.
This approach reduces gas fees, slippage, and liquidity provider costs while delivering better execution prices than traditional DEX aggregators. CoW Protocol also offers MEV protection, making it safer and more cost-efficient for traders. It is governed by the CoW DAO, a decentralized autonomous organization where COW token holders participate in governance decisions, protocol upgrades, and treasury management.
PrivacyCross-ChainAIDeScl
Current price
24h:2.49%Market cap
Trading volume 24h
Fully diluted market cap
All time high price
87.46%All time low price
597.94%Token supply
0 COW (0%)
1B COW (100%)
$0
$0.278
$0
$278.27M
485.21M COW (48.52%)