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CoW Protocol

CoW Protocol

COW
#233
$0.1580Up 7.43 percent($0.01)

Key Stats

Market Cap$90.59MUp 7.43 percent
Volume (24h)$4.25M
Fully Diluted Value$158.02M
Vol/Mkt Cap (24h)4.69%
Total Supply1.00B COW
Max Supply∞
Circulating Supply573.27M COW
Launch Date2022-02-11
Built OnETH
Token StandardERC20
Smart Contract Address0xDEf1…97aB
Decimal Places18

CoW Protocol Information

Websites
cow.fi
Industries
Governance

CoW Protocol Price Converter

CoW ProtocolCOW
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Latest CoW Protocol News

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CoW Protocol Markets

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InstrumentExchangeBenchmark DataPrice24h Change
CoW ProtocolUSDT logo
COW-USDT
COWUSDT
binance logobinance
AA
0.1581USDT
7.33%
CoW ProtocolTRY logo
COW-TRY
COWTRY
binance logobinance
AA
7.61TRY
6.88%
CoW ProtocolUSD logo
COW-USD
COW-USD
coinbase logocoinbase
AA
0.1580USD
7.34%
CoW ProtocolUSDT logo
COW-USDT
COWUSDT_SPBL
bitget logobitget
BB
0.1581USDT
7.26%
CoW ProtocolUSDT logo
COW-USDT
COW_USDT
gateio logogateio
A
0.1583USDT
7.47%

CoW Protocol Supported Platforms

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Trading AsToken StandardBuilt OnSmart Contract AddressLaunch Date
COWERC20ETH0xDEf1CA1fb7FBcDC777520aa7f396b4E015F497aB2022-02-11
COWERC20XDAI0x177127622c4a00f3d409b75571e12cb3c8973d3c2022-02-11
COWERC20ARB0xcb8b5cd20bdcaea9a010ac1f8d835824f5c87a042024-05-03
COWERC20BASE0xc694a91e6b071bf030a18bd3053a7fe09b6dae692024-10-24

About CoW Protocol

CoW Protocol is a decentralised trading platform on Ethereum that uses batch auctions and direct peer-to-peer matching to improve trade efficiency. Founded by Anna George, it operates under a decentralised governance model (CowDAO) where COW token holders influence protocol development and operations.

Frequently Asked Questions

CoW Protocol is a decentralised trading platform built on the Ethereum blockchain that focuses on optimising trade execution through batch auctions and a mechanism known as Coincidence of Wants (CoWs). The protocol reduces reliance on traditional liquidity pools by enabling direct peer-to-peer matches, which can lower transaction costs and slippage. It also mitigates risks associated with Miner Extractable Value (MEV) exploitation by using solvers—entities that compete to provide the most efficient trade execution for users.

The COW token serves several key purposes within the CoW Protocol ecosystem:

  • Governance:

    • The COW token enables decentralised decision-making through CowDAO.
    • Token holders can propose changes, discuss initiatives, and vote on protocol upgrades, fee structures, and operational policies.

  • Economic Incentives:

    • COW token holders may receive discounts on trading fees when using affiliated platforms, such as CowSwap.

  • Community Engagement:

    • The token ensures that stakeholders play an active role in the protocol's development and long-term sustainability by participating in governance and other activities. By combining governance and utility, the COW token drives participation and alignment of interests within the ecosystem.

CoW Protocol was founded by Anna George, whose work in blockchain development and decentralised finance contributed to the platform's creation.