Researched coins: 629
Exchanges: 1,020
Market Cap: 2.8T
24h Vol: 131.4B
EN

CoW Protocol Price, Live Chart & Market Cap

CoW Protocol (COW) – MEV-protected DeFi trading layer with gasless swaps, surplus capture, and DAO governance incentives

CoW Protocol Overview

CoW Protocol transforms crypto trading with batch auctions that cancel MEV and share surplus. Users sign an intent off-chain; solvers compete to settle it at the best price. Trades clear in one tx, so CoW Protocol keeps fees low and removes failed swaps. CoW Protocol runs on Ethereum, Gnosis Chain and more. CowDAO steers upgrades, manages the 1 B COW supply and funds grants. As volume rises, CoW Protocol aims to let COW stakers earn from protocol revenue.

CoW Protocol (COW): MEV-safe batch auctions for best DeFi trades

Utility & Use Cases COW

DAO Governance

DAO Governance

COW holders steer CowDAO, setting fees, treasury use and new chain deployments.
Solver Collateral

Solver Collateral

Upcoming upgrade asks solvers to stake COW; bad actors lose stake, boosting security.
Low-Fee Trading

Low-Fee Trading

Users pay no gas and a small share of positive slippage, often below 0.5% total cost.
Liquidity Matching

Liquidity Matching

Batch engine links peer orders or pools on Uniswap, Balancer and Curve for best price.

CoW Protocol Technologies Overview

Gasless Batches

Gasless Batches

Solvers pay gas, so traders can swap with zero ETH in wallet.
MEV-Resistant AMM

MEV-Resistant AMM

CoW AMM captures arbitrage and returns it to LPs, cutting impermanent loss.
Cross-Chain Ready

Cross-Chain Ready

Bridges and intent relayers prepare CoW Protocol for multi-chain auctions.
Audited Contracts

Audited Contracts

Multiple audits and a $1 M bounty secure the GPv2 settlement code.
Scalable Solver Network

Scalable Solver Network

Independent bots compete to clear batches, keeping spreads tight even at high volume.

Funding

CowDAO raised $23 M in March 2022. 10 % of the 1 B supply went to VCs, another 10 % to community buyers on equal terms. Team and Gnosis each hold vested tranches, while 44.4 % sits in the DAO treasury. No further rounds have been needed, and trading fees now fund ongoing development.

Roadmap

Protocol Fee Switch

Set permanent fee parameters after 6-month trial in mid-2024.

Cross-Chain Auctions

Enable intents that settle across L2s and sidechains by 2025.

NFT Batch Trading

Launch CoW Swap v2 to support ERC-721 orders and MEV-safe NFT bids.

CoW Protocol Security & Audit Reports

Smart contracts passed multiple audits, and a $1 M bug bounty runs on Immunefi. Solvers post bonds that can be slashed. A 2023 solver exploit lost only fee funds, fully reimbursed. Users never deposit funds; trades are atomic.

FAQ

How to trade on CoW Protocol?

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Connect an EVM wallet, sign an order on cow.fi, wait for batch settlement; no gas needed.

How to stake COW token?

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Staking is planned for solver collateral and future fee sharing; not live yet.

What fees does CoW Protocol charge?

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Up to half of positive slippage, capped at 1%, plus 0.1% on Gnosis trades.

Is CoW Protocol audited?

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Yes, several firms reviewed the contracts and a $1 M Immunefi bounty runs 24/7.

Where can I buy COW?

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Trade on CoW Swap, Uniswap, Balancer or CEXs like Binance and Upbit.

Does CoW protect against front-running?

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Uniform clearing price removes sandwich attacks and refunds MEV as surplus.

Top Crypto Exchanges to Trade CoW Protocol (COW)

# Exchange Pair Price 24h Volume
1 ~$0.0001 $432,141
2 ~$0.0001 $86,363
3 ~$0.25 $59,548
4 ~$0.25 $48,250
5 ~$4.023 $2,070.53
6 ~$821.73 $183,972
7 ~$0.000085 $22,944
8 ~$0.0012 $14,453.91
9 ~$0.0001 $743.46
10 ~$0.0012 $304.57
CoW Protocol
CoW Protocol COW Price
#398
$0.4
-4.7%
Market Cap
Market capitalization of CoW Protocol (COW) represents the total value of all circulating tokens. It is calculated by multiplying the current price of one token by the total number of tokens in circulation
$190,530,867
Fully Diluted Variation
Fully diluted valuation of CoW Protocol (COW) represents the theoretical market cap if all tokens that will ever exist were in circulation. It provides insight into the long-term value projection assuming the maximum supply is reached
$399,414,188
24 Hour Trading Vol
24-hour trading volume shows the total amount of CoW Protocol (COW) traded across all exchanges over the past day. Higher volumes generally indicate more market liquidity and interest in the token
$32,141,745
Circulating Supply
Circulating supply shows the number of CoW Protocol (COW) tokens currently available and circulating in the market. This excludes locked, reserved, or unissued tokens that cannot be sold or traded
477,025,786.81
Total Supply
Total supply represents all CoW Protocol (COW) tokens that currently exist, including both circulating tokens and those locked in various protocols or treasuries. It excludes tokens that will be created in the future
1,000,000,000
Max Supply
Maximum supply indicates the absolute maximum number of CoW Protocol (COW) tokens that will ever exist. This is a hard cap programmed into the token's protocol that cannot be exceeded, ensuring scarcity over time
1,000,000,000

Info

Contract
Ethereum Network 0xdef...5f497ab
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