Today I will trade Cow CoW Protocol operates as a meta-DEX aggregator, combining liquidity from various decentralized exchanges (DEXs) such as Uniswap, Sushiswap, Balancer, and Curve, as well as from aggregators like 1inch and Paraswap. By using a batch auction system and entities called "solvers", the protocol identifies the best execution paths for user transactions, thus minimizing costs and risks associated with blockchain transactions.

🪙 The COW Token

The native token of the protocol, COW, serves as a governance tool, allowing holders to participate in decisions regarding the development and evolution of the platform. COW is also used to incentivize liquidity providers and active participants in the ecosystem.