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CoW Protocol

CoW Protocol

MEV-protected DEX aggregator using batch auctions and Coincidence of Wants

Launch Year
2021
Consensus
Proof of Stake (Ethereum)
Max Supply
1,000,000,000 COW
Block Time
~12 seconds
COW
COW
CoW Protocol
Price
24h Change
Market Cap
Volume (24h)
Circulating Supply
Swap COW Now
  • No KYC or registration
  • Non-custodial — your keys, your crypto
  • 1000+ supported exchange pairs
  • Best available exchange rate

CoW Protocol Price Chart

COW / USD
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Data by CryptoCompare

About CoW Protocol

CoW Protocol (COW) is a decentralized exchange aggregator that protects users from Miner Extractable Value (MEV) and front-running. Its unique Coincidence of Wants (CoW) mechanism matches opposing orders peer-to-peer without touching an AMM — for example, matching a user selling ETH for USDC with one selling USDC for ETH. When no CoW match exists, remaining orders are batched and routed through DEXes by competitive solvers. This approach eliminates front-running, often finds better prices than direct DEX trades, and returns gas savings to users. CoW Swap and Safe{Wallet} both use CoW Protocol.

History

2021
CoW Protocol (Gnosis Protocol v2) launches, introducing batch auctions for MEV protection
2022
CoW DAO spun out from Gnosis; COW token airdrop to early users
2022
CoW Swap becomes one of the top DEX aggregators by volume
2023
CoW Protocol integrates with Safe{Wallet}; programmatic orders and TWAP support

How to Swap COW

To swap CoW Protocol (COW) on SyntheticSwap, no account creation or KYC is required. COW runs on the Ethereum blockchain as an ERC-20 token, compatible with MetaMask, Ledger, Rainbow, and any Web3 wallet. Navigate to SyntheticSwap, choose COW as either source or target, enter your wallet address for the destination asset, and send COW from your personal wallet to the deposit address shown. Swaps typically settle within a few Ethereum block confirmations, and your destination asset lands directly in your specified wallet.

How to Store COW

COW (ERC-20) is stored in MetaMask, Ledger, or any Ethereum wallet. COW can be staked in the CoW DAO for governance rights and protocol fee revenue.

Frequently Asked Questions