🎯 Description
CoW Protocol is a fully permissionless trading protocol that leverages Batch Auctions as its price finding mechanism. CoW Protocol enables batch auctions to maximize liquidity via Coincidence of Wants (CoWs) in addition to tapping all available on-chain liquidity whenever needed. Batch Auctions are continuously run by the protocol because the solvers, the parties in charge of finding the most optimal settlement for the batch, are in competition to settle it. The winning solver will be the one that can maximize traders surplus by either having the most optimal CoW, finding the best liquidity sources, or combining both in a single settlement.
CoW Protocol matches trades via batch auctions for a variety of on-chain liquidity sources.
Trades can be settled via underlying on-chain AMMs directly or via DEX Aggregators, depending
on which pool/path offers the best price. It is thus essentially acting as a DexAggregator of the
DexAggregators.
In addition to that, before finding the best price for a trade from available on-chain liquidity, CoW
Protocol first seeks a coincidence of wants within the existing batch to offer an even better price
than any pool can.
📅 Launch Time (UTC)
10th September
🛠 Network
Ethereum
🧩 Sector
Defi, DEX
‼️ Sale Details
- Exchange: TBA
- Token price: TBA
- Token type: $COW
🔗 Social Links
Website | Twitter | Discord
