About CoW Protocol
CoW protocol is an intent-based trading protocol where users delegate trade execution to solvers, who compete to offer the best exchange rates. COW serves as a governance token within the CoW Protocol ecosystem, allowing stakeholders to participate directly in the decision-making processes that guide the protocol's development and evolution.
Buy CoW Protocol
Trading Insights
Buyer Ratio
Traders
37
48%
Buyers
22
69.23%
Sellers
18
50%
Searched
25
Market Stats
Market Cap
£123.58M
-4.41%
FDV
£238.92M
Circ. Supply
517M COW
Max Supply
1B COW
Total Supply
1B COW
Diluted Valuation
£239.14M
Performance
Popularity
#266
Dominance
0%
Volume (24H)
£5.74M
16.6%
Volume (7D)
£60.21M
Volume (30D)
£125.39M
All time high
£0.90
Price Change (1Y)
13.81%
Past performance is not a reliable indicator of future results. Learn more about asset risks.
Investment risk
Baseline risk: All crypto-assets are risky, regardless of the type of token you hold. Here are some 'baseline' risks to be aware of before deciding to invest.
Investment risk: The performance of most crypto-assets can be highly volatile, with their value dropping as quickly as it can rise. You should be prepared to lose all the money you invest in crypto-assets.
Lack of protections: Crypto-assets are largely unregulated and neither the Financial Services Compensation Scheme (FSCS) nor the Financial Ombudsman Service (FOS) will protect you in the event something goes wrong with your crypto-asset investments.
Crypto-assets are complex: It may be difficult to understand the risks associated with a crypto-asset investment. Do your own research and if something sounds too good to be true, it probably is.
Don't put all your eggs in one basket: Putting all your money into a single type of investment is risky. Spreading your money across different investments makes you less dependent on any one to do well. A good rule of thumb is not to invest more than 10% of your money in high-risk investments such as crypto-assets.
Defi tokens: Decentralised Finance (or 'DeFi') tokens (e.g. UNI, AAVE) are crypto-assets linked to financial applications and protocols built on decentralised blockchain technology.
Smart contract risk: DeFi relies heavily on smart contracts. Even a minor coding error or oversight can lead to a contract being exploited, potentially resulting in significant losses for DeFi tokens.
Regulatory risk: DeFi operates in a decentralized manner, often without intermediaries or financial crime controls. Regulatory bodies across jurisdictions might introduce new regulations impacting the use, value, or legality of certain DeFi protocols or assets. For example, the Perpetual Protocol (PERP) and Quickstop (QUICK) protocols may be accessible in jurisdictions where some or all the available activity may need to be regulated now or in the future. If a regulator deemed the activity to be in breach of regulation, this could seriously impact token value.
Rug-pulls / Exit scams: Some DeFi projects might be launched by anonymous or pseudonymous teams, increasing the risk of "rug pulls" where developers abandon the project and withdraw funds, leaving investors with worthless tokens.
Data/oracle risk: DeFi protocols often rely on external data sources or 'oracles'. Manipulation or inaccuracies in these data sources can lead to unintended financial outcomes within the protocols.
Protocol complexity: The complexity of some DeFi protocols can make it difficult for average users to fully understand the mechanisms and associated risks.
Additional details
Recent trends
The price of CoW Protocol has decreased by 0.56% in the last hour and decreased by 4.51% in the past 24 hours. CoW Protocol’s price has also fallen by 8.52% in the past week. The current price is £0.24 per COW with a 24-hour trading volume of £5.74M. Currently, CoW Protocol is valued at 73.89% below its all time high of £0.90. This all-time high was the highest price paid for CoW Protocol since its launch.
The current circulating supply of CoW Protocol is 517,251,791.694 COW which means that CoW Protocol has as total market cap of £123,581,233.36.
Market details
COW vs markets
↘ 37.7%
COW vs BTC
↘ 37.2%
COW vs ETH
↘ 33.69%
Tags
decentralized-exchange-dex-token
defi
intent
binance-listing
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xDEf1CA1fb7FBcDC777520aa7f396b4E015F497aB | |
Gnosis | 0x177127622c4A00F3d409B75571e12cB3c8973d3c | |
xDAI | 0x177127622c4a00f3d409b75571e12cb3c8973d3c | |
Arbitrum | 0xcb8b5CD20BdCaea9a010aC1F8d835824F5C87A04 |
Price history
Time | Price | Change |
|---|---|---|
Today | £0.24 | ↘ 4.51% |
1 Day | £0.25 | ↘ 4.51% |
1 Week | £0.26 | ↘ 8.52% |
1 Month | £0.27 | ↘ 10.36% |
1 Year | £0.21 | ↗ 13.81% |
Past performance is not a reliable indicator of future results. Learn more about asset risks.
FAQ
COW is the native utility and governance token of CoW Protocol, a decentralized trading protocol designed to optimize order execution through a process known as "Coincidence of Wants" (CoW). The protocol focuses on matching users’ trades directly without relying on traditional liquidity pools, thereby reducing the risk of front-running and other inefficiencies commonly seen in decentralized exchanges.
COW serves as the utility token within the CoW Protocol ecosystem, used primarily for governance. Token holders can participate in decision-making processes that influence the protocol’s development and updates. The protocol facilitates decentralized trading by matching orders peer-to-peer whenever possible, reducing slippage and trading costs. COW also incentivizes participants who help maintain and support the network, such as solvers who optimize order matching.
COW is used for governance, allowing token holders to vote on proposals related to protocol improvements and fee structures. The token supports the CoW Protocol’s decentralized trading mechanism by incentivizing participants who contribute to the system, such as solvers who execute order matching. Additionally, COW may be utilized to reduce trading fees or access premium features within the CoW ecosystem.
CoW Protocol was developed to address the limitations of traditional decentralized exchanges, particularly issues related to front-running and high transaction costs. The introduction of the COW token supports the protocol's decentralized governance model and aligns incentives for participants who contribute to its optimization and security. CoW Protocol aims to create a more efficient and fair trading environment by leveraging the concept of "Coincidence of Wants."
We update our CoW Protocol to GBP currency in real-time. Get the live price of CoW Protocol on Coinbase.
The current market cap of CoW Protocol is £123.58M. A high market cap implies that the asset is highly valued by the market.
The all-time high of CoW Protocol is £0.90. This all-time high is highest price paid for CoW Protocol since it was launched.
Over the last 24 hours, the trading volume of CoW Protocol is £5.74M.
Assets that have a similar market cap to CoW Protocol include Redstone, Babylon, Melania Meme, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of CoW Protocol is 517 million.
CoW Protocol ranks 284 among tradable assets on Coinbase. Popularity is currently based on relative market cap.
Yes, CoW Protocol is currently available on Coinbase’s centralized exchange. For more detailed instructions, check out our helpful how to buy CoW Protocol guide.
Social stats
Popularity in posts
#2039
Contributors
142
Posts
201
% About CoW Protocol
0.013%
Hold times
0 days
X (Twitter)
23.85% bullish
Sentiment
3.7 ★
Highlights
142 unique individuals are talking about CoW Protocol and it is ranked #2,039 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, CoW Protocol has an average sentiment score of 74 out of 5. Finally, CoW Protocol is becoming less newsworthy, with 0 news articles published about CoW Protocol.
On Twitter, people are mostly neutral about CoW Protocol. There were 34.4% of tweets with bullish sentiment compared to 44.19% of tweets with a bearish sentiment about CoW Protocol. 65.6% of tweets were neutral about CoW Protocol. These sentiments are based on 40 tweets.
On Reddit, CoW Protocol was mentioned in 5 Reddit posts and there were 75 comments about CoW Protocol. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
This data was sourced in real-time from Coinbase and other third party market vendors. Real-time data may encounter temporary delays due to system performance or downtime.
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.