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CoW Protocol

COW
Utility & Governance

COW token allows its holders the right to govern and curate the infrastructure of the CoW Protocol ecosystem through the CowDAO.

Beginner
1 min readUpdated October 2026Block Clarity Hub Editorial Team
$0.125222-1.41%
Updated 2026-10-26 23:04 UTC

About CoW Protocol

CoW Protocol is a meta-DEX aggregation protocol that leverages trade intents and fair combinatorial batch auctions to find users better prices for trading crypto assets.

Quoted from CoW Protocol's official site (docs.cow.fi), retrieved 2026-08-08. Educational reference only — not an endorsement or investment advice.

Price Chart

Historical USD price from CoinGecko. Educational reference — not investment advice.

Live Market Data

Price change
1h
-0.20%
24h
-1.41%
7d
-2.87%
30d
-17.56%
Market Cap Rank
#339
Market Cap
$71.94M
24h Volume
$1.50M
Fully Diluted Val
$125.22M
All-Time High
$2.22-94.36%March 2022
All-Time Low
$0.03987November 2022
24h Range
$0.124067 – $0.127822
Circulating Supply574.49M / 1.00B
57.4% of max supply in circulation

Market data from CoinGecko, refreshed every 15 minutes. Educational reference only — not investment advice.

Project Health

GitHub Stars
67
GitHub Forks
4

Dev activity via CoinGecko, TVL/audit status via DefiLlama; official links are the project’s own. Presence here is not an endorsement.

Holder Distribution

On-chain holders (Ethereum mainnet)
7,730
Top 5 addresses hold
60.2%
of supply
CoW Protocol: CoW DAO Safe0xcA77…E662contract35.7%
CoW Protocol: vCOW Token0xD057…8048contract13.4%
Smart Account by Safe0x458c…5e6fcontract4.9%
0x5237…78b0contract3.3%
0xA2BF…8200contract2.9%

Top holders often include protocol, bridge, exchange, and staking contracts — not individual investors.

Source: Blockscout, as of Oct 5, 2026. View all holders on Blockscout

Where COW trades

The most active markets for COW by 24h volume. Informational only — these are not affiliate links or endorsements.

ExchangePairPrice24h Volume
GroveXCOW/USDT$0.125425$332,113
PhemexCOW/USDT$0.124626$195,995
ParibuCOW/TRY$0.125102$183,124
Biconomy.comCOW/USDT$0.124826$93,029
BigONECOW/USDT$0.125125$71,109
BitunixCOW/USDT$0.124826$71,011
BinanceCOW/USDT$0.125325$64,132
Biconomy.comCOW/USDC$0.124626$57,674

Data via CoinGecko. Always verify you are on an exchange’s official domain before trading.

Technical Details

Launch Year
Max Supply
1000000000
Website
cow.fi

Frequently asked questions

What is CoW Protocol (COW)?

COW token allows its holders the right to govern and curate the infrastructure of the CoW Protocol ecosystem through the CowDAO.

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