CoWSwap (COW)

Key Metrics

Fees (Annualized)$22.64m

Fees 30d$1.86m

Fees 7d$432,041

Fees 24h$62,799

Cumulative Fees$20.2m

Revenue (Annualized)$20.01m

Revenue 30d$1.64m

Revenue 7d$352,953

Revenue 24h$40,872

Cumulative Revenue$19.33m

Incentives (Annualized)$0

Incentives 30d$0

Incentives 7d$0

Incentives 24h$0

Cumulative Incentives$0

Earnings (Annualized)$20.01m

Earnings 30d$1.64m

Earnings 7d$352,953

Earnings 24h$40,872

Cumulative Earnings$19.33m

DEX Aggregator Volume 30d$11.125b

DEX Aggregator Volume 7d$2.745b

DEX Aggregator Volume 24h$285.14m

Cumulative DEX Aggregator Volume$100.717b

Market Cap$204.01m

$COW Price$0.41

All Time High$2.22

All Time Low$0.04

Fully Diluted Valuation$407.33m

Outstanding FDV$174.14m

$COW Volume 24h$26.82m

CEX Volume$27.96m

DEX Volume$4.06m(15.14% of total)

Treasury$168.66m

Majors$7.76m

Stablecoins$5.7m

Own Tokens$147.89m

Others$7.31m

Total Raised$23m

Mar 30, 2022$23mRound: Source: https://twitter.com/MEVprotection/status/1508807428204380160

Nov 5, 2024Round: Investors: Greenfield CapitalSource: https://x.com/greenfield_cap/status/1853738642843332971

Protocol Information

CoW Swap finds the lowest prices across all exchanges and aggregators & saves you more by matching Coincidences of Wants (CoWs) and protecting from MEV

Category:DEX Aggregator

Methodology

Fees: All trading fees including protocol fees, partner fees, and MEV blocker feesView code on GitHubRevenue: Trading fees (protocol fees + cow's MEV blocker fees + partner fee share)View code on GitHubDEX Aggregator Volume: Volume of all spot token swaps that go through the protocolView code on GitHub

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Earnings: Revenue of the protocol minus the incentives distributed to users

Income Statement for CoWSwap

Q3 2025*Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023
Fees$2.24m$3.15m$5.01m$4.75m$2.35m$2.25m$434,856$0$0$0$23,920
Revenue$1.99m$2.9m$4.79m$4.66m$2.3m$2.25m$434,853$0$0$0$1,910
Earnings$1.99m$2.9m$4.79m$4.66m$2.3m$2.25m$434,853$0$0$0$1,910