CoW Protocol protocol
Overview
CoW Protocol is a decentralized exchange aggregator that uses batch auctions and a 'Coincidence of Wants' (CoW) mechanism to match orders peer-to-peer before routing through external liquidity. Users submit trading intents, and solvers compete to settle these intents by finding optimal execution paths, including internal matches. It operates on Ethereum and other compatible chains.
Within the DeFi Intel graph, CoW Protocol connects to 13 tracked entities, most strongly to Ethereum, Arbitrum, Base.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 10 of 13 total).
| Relation | Connected entity | Confidence |
|---|---|---|
deployed_on | Ethereum | 95% |
deployed_on | Arbitrum | 95% |
deployed_on | Base | 95% |
deployed_on | Polygon | 95% |
deployed_on | Optimism | 95% |
deployed_on | BNB Chain | 95% |
deployed_on | Avalanche | 95% |
deployed_on | Linea | 95% |
deployed_on | Gnosis | 95% |
deployed_on | Plasma | 95% |
Frequently asked questions
What is CoW Protocol?
CoW Protocol is a decentralized exchange aggregator that uses batch auctions and a 'Coincidence of Wants' mechanism to match orders peer-to-peer before routing through external liquidity.
How does CoW Protocol execute trades?
Users submit trading intents, and solvers compete to settle these intents by finding optimal execution paths, including internal matches.
What chains does CoW Protocol run on?
CoW Protocol is deployed on Ethereum, Gnosis, Arbitrum, Base, Polygon, Avalanche, BNB Chain, and Lens.