Ask about CoWSwap · freeKey Metrics
Fees 30d$1.98m
Fees 30d by chain
Ethereum$1.64m
Base$111,496
BSC$104,927
Arbitrum$86,130
Polygon$27,415
Avalanche$11,388
Gnosis$3,770
Fees 7d$395,777
Ethereum$327,094
BSC$24,272
Arbitrum$19,714
Base$16,456
Polygon$4,902
Avalanche$3,021
Gnosis$318
Fees 24h$70,385
Ethereum$63,122
Arbitrum$2,124
Base$2,038
BSC$2,031
Avalanche$530
Polygon$521
Gnosis$19
Cumulative Fees$70.73m
Ethereum$62.61m
Base$3.44m
Arbitrum$2.58m
BSC$1.02m
Polygon$492,783
Avalanche$297,272
Gnosis$286,951
Revenue 30d$1.12m
Revenue 30d by chain
Ethereum$957,561
Base$63,287
BSC$56,544
Arbitrum$30,996
Polygon$10,120
Avalanche$3,505
Gnosis$2,616
Revenue 7d$243,699
Ethereum$210,392
BSC$14,394
Base$9,850
Arbitrum$6,539
Polygon$1,509
Avalanche$783
Gnosis$232
Revenue 24h$52,540
Ethereum$50,030
Base$1,005
Arbitrum$627
BSC$570
Avalanche$156
Polygon$137
Gnosis$15
Cumulative Revenue$47.62m
Ethereum$43.06m
Base$2.28m
Arbitrum$1.28m
BSC$513,456
Gnosis$211,916
Polygon$145,799
Avalanche$130,004
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)$23.39m
Earnings 30d$1.12m
Earnings 7d$243,699
Earnings 24h$52,540
Cumulative Earnings$42.22m
DEX Aggregator Volume 30d$3.214b
DEX Aggregator Volume 7d$682.63m
DEX Aggregator Volume 24h$81.22m
Cumulative DEX Aggregator Volume$185.719b
Market Cap$73.83m
$COW Price$0.13
Fully Diluted Valuation$128.51m
Outstanding FDV$77.6m
$COW Volume 24h$1.35m
CEX Volume$692,226
DEX Volume$733,188(54.44% of total)
Treasury$94.65m
Majors$2.11m
Stablecoins$22.15m
Own Tokens$68.03m
Others$2.36m
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
Treasury: Value of tokens owned by the protocolHacks
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) | $1.08m | $616,937 | $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 $1.98m in fees. Of that, $1.12m was protocol revenue. Based on the trailing year, the annualized rate is $37.68m in fees and $23.39m in revenue.
What is the COW token price and valuation?
COW is currently trading at $0.13. Its circulating market capitalization is $73.83m, ranking it #471. Its fully diluted valuation is $128.51m. Supply currently stands at 574.49m circulating, 1b total supply, 1b maximum supply.
How has COW performed recently?
COW is down 15.7% over the past 7 days and down 14.3% over the past 30 days. Its all-time high is $2.22, reached on Mar 28, 2022. The token is currently 94.2% 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 $6.24m across 199 protocols, and CoWSwap accounts for 0% of that total. Other leading protocols include Hashflow, De1, OmniBazaar, 1inch Swap, Firebird, DropSwap, Velora, Rubic, Unizen, and Houdini Swap.
Does CoWSwap have a treasury?
CoWSwap has a tracked treasury currently valued at $94.65m. Its holdings include $22.15m in stablecoins, $2.11m in major assets, $68.03m in its own tokens, $2.36m in other assets.
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.