Verify you are human by completing the action below.

CoW Swap to review the security of your connection before proceeding. 

Ray ID: AjYtKbVsSRfvG

Performance & security by Cloudflare

CoW Protocol: Official Portal and Technical Guide

Hero Section

CoW Protocol Official Website — Intelligent Security for Your DeFi Transactions. Welcome to the main CoW Protocol resource. We present an innovative CoW Swap DEX aggregator that uses a batch auction mechanism to find the most favorable prices. The CoW Protocol Official Website provides access to an architecture that eliminates mempool manipulation and guarantees trade execution with protection against MEV attacks.

Project Overview

Coincidence of Wants (CoW) Technology. The CoW Protocol is a meta-aggregator operating on the "Coincidence of Wants" principle. Unlike standard AMMs, the protocol first seeks direct matching of orders between users within a single batch, allowing for asset exchanges without slippage or external pool fees. The role of this technology in the ecosystem is to create a fairer market through decentralized liquidity search.

Technical Infrastructure / Node Setup

Network Architecture and CoW Protocol Node (Solver). Solvers are the central element of the network.

CoW Protocol Node (Solver): This is specialized software that competes for the right to resolve a batch of orders. Solvers scan liquidity on all DEXs (Uniswap, Curve, etc.) and combine it with internal CoW matches.

Technical Requirements: Running a node requires significant computing power and staking COW tokens for security.

Execution Process: The user signs an "Intent," which is sent to the Batch. The Solver generates a solution and sends it to the Settlement smart contract.

Participation and Rewards

Token Ecosystem and CoW Protocol Rewards (COW). The protocol's reward system is aimed at decentralizing governance and incentivizing participants.

CoW Protocol Rewards: Users and Solvers receive rewards in COW tokens for contributing to trading volume and high-quality package execution.

Governance: The COW token allows voting participation through the CoW DAO, determining protocol parameters and treasury distribution.

Technical Staking: Rewards are also provided for liquidity providers and stakers who maintain the protocol's insurance fund.

Security and Verification Center

Security and CoW Protocol: Transaction Verification. Security is implemented at the protocol architecture level.

MEV Protection: Because orders are executed at a single price within a package (Uniform Clearing Price), sandwich attacks are technically impossible.

CoW Protocol: Transaction Verification: Each transaction is verified using EIP-712 signatures. This enables CoW Swap (Gas-Free Swap), where the gas fee is debited in the token being sold only after the transaction is successfully completed.

Authentication: The protocol uses a Settlement smart contract, which has been audited by leading cybersecurity firms.

Official Resources

For in-depth exploration and integration, use the following materials:

CoW Protocol Technical Guide: Complete documentation on the API and settlement architecture.

CoW Protocol GitHub: Source code for smart contracts, auction services, and SDK for Solvers.

CoW Explorer: A tool for monitoring batches and checking order status.

Whitepaper: Description of mathematical models for Coincidence of Wants.

FAQ

How do I activate the CoW Swap Gas-Free Swap? This feature is enabled by default. When placing a trade, you simply sign the message with your wallet. The gas fee will be automatically calculated and deducted from the amount of the asset you're selling.

How does a CoW Swap Limit Order work? You set the desired price and expiration date. The order is stored off-chain until suitable liquidity appears. You can cancel it free of charge at any time before execution.

Where can I complete CoW Protocol Developer Verification? To integrate via the API or participate in the Solver program, please read the CoW Protocol Technical Guide and submit an application through the DAO governance portal.

What are the advantages of the CoW Protocol over a traditional DEX? The main advantages are protection from hidden fees (MEV) and a guaranteed best price thanks to competition between independent solvers.