Ask about CoWSwap · freeKey Metrics
Fees 30d$1.64m
Fees 30d by chain
Ethereum$1.34m
Base$94,327
BSC$87,548
Arbitrum$77,715
Polygon$27,768
Avalanche$10,600
Gnosis$1,888
Fees 7d$320,385
Ethereum$260,161
Arbitrum$20,177
Base$19,199
BSC$15,735
Polygon$2,994
Avalanche$1,851
Gnosis$268
Fees 24h$44,322
Ethereum$33,184
Arbitrum$5,038
BSC$3,239
Base$2,370
Polygon$401
Gnosis$49
Avalanche$41
Cumulative Fees$71.27m
Ethereum$63.05m
Base$3.47m
Arbitrum$2.61m
BSC$1.05m
Polygon$499,648
Avalanche$300,502
Gnosis$287,485
Revenue 30d$961,043
Revenue 30d by chain
Ethereum$817,783
Base$52,938
BSC$47,876
Arbitrum$26,895
Polygon$11,008
Avalanche$3,218
Gnosis$1,325
Revenue 7d$197,858
Ethereum$170,459
Base$10,759
Arbitrum$7,475
BSC$7,414
Polygon$910
Avalanche$664
Gnosis$177
Revenue 24h$24,203
Ethereum$19,021
Arbitrum$2,575
BSC$1,533
Base$923
Polygon$112
Gnosis$23
Avalanche$16
Cumulative Revenue$47.95m
Ethereum$43.35m
Base$2.29m
Arbitrum$1.29m
BSC$526,465
Gnosis$212,246
Polygon$148,721
Avalanche$131,081
Holders Revenue 30d$0
Holders Revenue 30d by chain
Arbitrum$0
Avalanche$0
Base$0
BSC$0
Ethereum$0
Gnosis$0
Polygon$0
Holders Revenue 7d$0
Arbitrum$0
Avalanche$0
Base$0
BSC$0
Ethereum$0
Gnosis$0
Polygon$0
Holders Revenue 24h$0
Arbitrum$0
Avalanche$0
Base$0
BSC$0
Ethereum$0
Gnosis$0
Polygon$0
Cumulative Holders Revenue$0
Arbitrum$0
Avalanche$0
Base$0
BSC$0
Ethereum$0
Gnosis$0
Polygon$0
Incentives 1y$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$5.4m
Earnings (Annualized)$23.23m
Earnings 30d$961,043
Earnings 7d$197,858
Earnings 24h$24,203
Cumulative Earnings$42.55m
DEX Aggregator Volume 30d$3.121b
DEX Aggregator Volume 7d$860.56m
DEX Aggregator Volume 24h$311.68m
Cumulative DEX Aggregator Volume$186.859b
Market Cap$63.11m
$COW Price$0.11
Fully Diluted Valuation$109.86m
Outstanding FDV$66.38m
$COW Volume 24h$5.08m
CEX Volume$2.72m
DEX Volume$2.97m(58.53% of total)
Total Raised$23m
Mar 30, 2022$23mRound:
Nov 5, 2024Round: Investors: Greenfield Capital
Protocol Information
CoW Swap finds the lowest prices across all exchanges and aggregators & saves you more by matching Coincidences of Wants (CoWs) and protecting from MEV
Methodology
Fees: Swap fees from the sell token: protocol fees (50% surplus + 2bps volume), partner fees, and MEV Blocker feesView code on GitHubRevenue: CoW DAO share: protocol fees, ~25% partner service fee, and 50% of MEV Blocker fees/sale proceedsView code on GitHubHolders Revenue: No revenue to COW token holdersView code on GitHubDEX Aggregator Volume: Volume of all spot token swaps routed through the DEX aggregatorView code on GitHubIncentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Hacks
Date: Feb 7, 2023
Amount: $180,000
Classification: Access Control
Technique: Arbitrary External Call
Chains: Ethereum
Language: Solidity
Target Type: DeFi Protocol
Competitors
CoWSwap history
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $2.24m | $1.76m | $0 |
| Dec 2024 | $2.6m | $2.05m | $0 |
| Jan 2025 | $2.48m | $1.99m | $0 |
| Feb 2025 | $1.88m | $1.49m | $0 |
| Mar 2025 | $1.83m | $1.4m | $0 |
| Apr 2025 | $1.33m | $1.06m | $0 |
| May 2025 | $1.33m | $1.08m | $0 |
| Jun 2025 | $1.39m | $1m | $0 |
| Jul 2025 | $2.43m | $1.75m | $0 |
| Aug 2025 | $2.94m | $1.98m | $0 |
| Sep 2025 | $3.06m | $1.68m | $0 |
| Oct 2025 | $3.42m | $2.21m | $0 |
| Nov 2025 | $10.49m | $5.85m | $0 |
| Dec 2025 | $3.73m | $2.33m | $0 |
| Jan 2026 | $3.43m | $2.29m | $0 |
| Feb 2026 | $4.12m | $2.73m | $0 |
| Mar 2026 | $2.29m | $1.61m | $0 |
| Apr 2026 | $2.09m | $1.41m | $0 |
| May 2026 | $1.45m | $1.01m | $0 |
| Jun 2026 | $2.61m | $1.76m | $0 |
| Jul 2026 | $1.7m | $838,081 | $0 |
| Aug 2026 | $1.69m | $1.09m | $0 |
| Sep 2026 | $1.98m | $1.21m | $0 |
| Oct 2026 (to date) | $1.61m | $946,070 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/cowswap
Frequently asked questions
What chains does CoWSwap operate on?
CoWSwap operates on 8 chains: Ethereum, Gnosis, Arbitrum, Base, and Polygon and 3 others.
How much has CoWSwap generated in fees and revenue?
Over the past 30 days, CoWSwap generated $1.64m in fees. Of that, $961,043 was protocol revenue. Based on the trailing year, the annualized rate is $37.44m in fees and $23.23m in revenue.
What is the COW token price and valuation?
COW is currently trading at $0.11. Its circulating market capitalization is $63.2m, ranking it #513. Its fully diluted valuation is $110.02m. Supply currently stands at 574.49m circulating, 1b total supply, 1b maximum supply.
How has COW performed recently?
COW is down 18.1% over the past 7 days and down 34% over the past 30 days. Its all-time high is $2.22, reached on Mar 28, 2022. The token is currently 95% below that level.
How does CoWSwap's TVL compare to similar protocols?
Among DEX Aggregator protocols tracked by DefiLlama, CoWSwap ranks #19 by TVL. The category holds $5.03m across 207 protocols, and CoWSwap accounts for 0% of that total. Similar protocols include Hashflow, De1, OmniBazaar, 1inch Swap, Firebird, DropSwap, Velora, Rubic, Unizen, and Houdini Swap.
Has CoWSwap ever been exploited?
CoWSwap has 1 recorded security incident. The most recent incident occurred on Feb 7, 2023 and involved $180,000. It was classified as Access Control.