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Trade on CoW Swap


BETTER THAN THE BEST PRICES

CoW Protocol finds the lowest price for your trade across all exchanges and
aggregators, such as Uniswap and 1inch – and protects you from MEV, unlike the
others.

Start trading Start building



THE SMARTEST WAY TO TRADE.

 1. Lower prices thanks to CoWs.
    
    CoW Protocol matches trades peer-to-peer where possible, cutting out the
    middleman and saving you money. (We call this a Coincidence of Wants – CoW!)

 2. Never pay more than the cheapest alternative.
    
    No need to compare prices on 1inch, Uniswap or another exchange. CoW
    Protocol searches them all for you, so you get the best price available.

 3. Protection from MEV.
    
    CoW Protocol is the industry leader in protecting users from frontrunning
    and sandwich attacks, which lose traders thousands of dollars every day. It
    does this by matching trades peer-to-peer, and leveraging batch auctions [→]
    so trade order becomes irrelevant.

 4. Keep your surplus.
    
    If a price moves in your favor after you've placed an order, CoW Protocol
    gives you the price at the time of execution.

 5. Never pay for failed transactions.
    
    CoW Protocol never charges for failed transactions – unlike almost every
    other DEX or aggregator.

 6. ETH-less trading.
    
    CoW Protocol takes its fees in the sell token, so you can save your precious
    ETH.

 7. Execute many orders at once.
    
    Never wait for one trade to finish before placing another.

 8. Safe and reliable.
    
    CoW Protocol was incubated by Gnosis, built by a transparent and trusted
    community of engineers that keep security top-of-mind at all times.


CUTTING-EDGE TECHNOLOGY

CoW Protocol batches orders, matches Coincidences of Wants ( CoWs ), and sources
excess volume from all DEXs and DEX aggregators. That's how the protocol makes
sure you always get the best price for your trade.

1

Batch CoW Protocol collects orders into “batches” every 30 seconds. This is done
off-chain, which has a few benefits – you won’t pay if your trade fails, and the
fees are collected in your sell token, not ETH.

2

Match CoW Protocol's network of solving algorithms (“solvers”) scans each batch
for Coincidences of Wants (i.e. traders who want what each other has). These
“CoWs” are matched peer-to-peer, so everyone gets a better price and no one pays
unnecessary AMM fees.

3

Search CoW Protocol's solvers compete to find the best liquidity source for your
trade across all decentralized exchanges and aggregators. So the worst price
you'll get with CoW Protocol is the best price available elsewhere.

4

Settle CoW Protocol submits the batches on-chain and hides them from the public
mempool, so your trade is protected from manipulation (frontrunning and other
forms of MEV) by miners and bots.


SERIOUS VOLUME, SERIOUS SAVINGS.

Whether you are a whale, a dolphin or a prawn, you can always trust CoW Protocol
to find the lowest prices possible and protect you from MEV.

$22B+ Total volume traded (USD)
385K+ All time trades
$82M+ Surplus saved for users
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QUICK AND SIMPLE INTEGRATION

Join a growing list of partners that have built a better experience for their
users by integrating CoW Protocol.

Explore docs Talk to us


JOIN THE COWMUNITY

Learn more about CoW Protocol, get support, and have your say in shaping the
future of decentralized finance.

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 2. Discord
 3. GitHub
 4. Forum

CoW Protocol
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About
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Developers
 1. Documentation
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 5. Audit 2: Hacken

Support
 1. Discord
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 1. ©CoW Protocol - 2023