CoW Swap
Intent-based DEX aggregator on CoW Protocol that settles orders in batches through competing solvers.
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CoW Swap key facts
| Category | DEX aggregator |
|---|---|
| Chains | Ethereum, Arbitrum, Base, Gnosis, Polygon, BNB, Avalanche, Optimism, Linea, Ink, Plasma |
| Platforms | Web, API |
| Custody | Non-custodial |
| Fees | 0.02% volume fee (0.003% for correlated assets) plus 50% of quote improvement, capped at 0.98% |
| Chains | Ethereum, Arbitrum One, Avalanche, Base, BNB, Gnosis, Ink, Linea, Optimism, Plasma, Polygon |
| Token | COW (governance), 1 billion issued at launch |
What is CoW Swap?
CoW Swap is a DEX aggregator built on CoW Protocol, where users sign orders and solvers compete to settle them. The protocol charges a 0.02% volume fee on standard assets (0.003% on correlated pairs) plus 50% of quote improvement, capped at 0.98%. Core contracts run on 11 mainnets. COW is its governance token.
CoW Swap usage
From DefiLlama (fees users paid), updated Sep 26, 2026.
CoW Swap alternatives
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CoW Swap pros and cons
- 0.003% volume fee on stablecoin and other correlated pairs
- Fees are taken inside execution, no separate transfer
- Core contracts deployed at the same address on 11 mainnets
- Takes 50% of quote improvement on swaps, up to 0.98% of volume
- No audit list on the core contracts docs page
- Partner integrations can add their own fees
CoW Swap FAQ
What is CoW Swap?
CoW Swap is a DEX aggregator built on CoW Protocol, where users sign orders and solvers compete to settle them. The protocol charges a 0.02% volume fee on standard assets (0.003% on correlated pairs) plus 50% of quote improvement, capped at 0.98%. Core contracts run on 11 mainnets. COW is its governance token.
Which chains does CoW Swap support?
Ethereum, Arbitrum, Base, Gnosis, Polygon, BNB, Avalanche, Optimism, Linea, Ink, Plasma.
How much does CoW Swap cost?
0.02% volume fee (0.003% for correlated assets) plus 50% of quote improvement, capped at 0.98%, according to CoW Swap’s own page (checked Sep 26, 2026).
How much do users pay CoW Swap in fees?
$1.9M over the last 30 days, according to DefiLlama on Sep 26, 2026.
Does CoW Swap hold my funds?
No. CoW Swap is non-custodial: you keep your funds in your own wallet and sign each transaction.
Sources
How this page works
Sources: CoW Swap: official site, CoW Protocol: Fees, CoW Protocol: Core contracts. Data as of Sep 26, 2026.
Not affiliated with any project listed. Educational content, not financial advice.