What is CoW DAO (COW)?
CoW Protocol is a decentralized finance (DeFi) platform built on Ethereum that aims to enhance trading efficiency.
CoW DAO, established in 2021, is dedicated to making DeFi secure and seamless for users across multiple blockchain networks, including Ethereum, Gnosis Chain, Arbitrum, and Base. Its flagship product, CoW Protocol, serves as a foundational layer for trading products designed to protect users from MEV attacks and arbitrage bots.
The DAO introduced CoW Swap, which reportedly emerged as the second-largest DEX aggregator by monthly trading volume and the largest intents-based exchange in the DeFi space. CoW DAO also developed MEV Blocker, a groundbreaking MEV Protection RPC that enables swaps on non-MEV protected DEXs while ensuring protection, now handling between 5 to 10% of all Ethereum transactions. CoW DAO’s products have been integrated with leading DeFi platforms such as Sky, Curve, Lido, Uniswap, Rabby, Balancer, Yearn, and Safe.
Currently, CoW DAO's three main products are CoW Protocol, MEV Blocker, and CoW AMM, which it supports with development and marketing resources – including the CoW Grants Program, the CoW Protocol Explorer, and the CoW Swap frontend.
The $COW token plays a central role in the CoW DAO ecosystem, serving as the foundation for governance and community engagement. As the governance token, $COW allows holders to actively participate in decision-making processes, shaping the future direction of the protocol through proposals and votes. Fee revenues generated by the protocol are allocated to CoW DAO’s treasury, which operates under the direct control of $COW token holders, ensuring transparent and decentralized financial management. These treasury funds are instrumental in supporting the ongoing development and improvement of the protocol, ensuring it continues to innovate and meet the needs of its users. Additionally, $COW tokens are used to incentivize community members, rewarding both protocol users and contributors, thereby fostering a vibrant and active ecosystem.
COW is listed on Binance for trade and purchase. The current price of COW is updated in real time on Binance.
