Overview
CoW Protocol(COW)
Token Price$0.13+0.20%over 24h
All Time HighMar 28, 2022$2.22
All Time LowNov 9, 2022$0.04
Key Metrics
Market Cap$72.78m
Fully Diluted Valuation$126.68m
Circ. Supply574.49m COW
Max Supply1b COW
Outstanding FDV$76.55m
Volume 24h$7.86m
CEX$7.86m
Spot$577,577
USD Perp$7.28m
COIN Perp$0
DEX$553.71
Spot$0
USD Perp$553.71
COIN Perp$0
Open Interest$2.42m
CEX$2.39m
USD Perp$2.39m
COIN PerpN/A
DEX$33,767
USD Perp$33,767
COIN PerpN/A
Total Raised$23m
Mar 30, 2022$23m
Nov 5, 2024Undisclosed
Token information
Issued by:CoWSwap
Income statement for COW
Include incomes from CoWSwap
| Q4 2026* | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Gross Protocol Revenue | $1.53M | $5.37M | $6.14M | $9.83M | $17.64M | $8.43M | $4.04M | $6.19M | $5.99M | $3.1M | $2.6M | $294.82K | $0 | $0 | $0 | $23.92K |
| CoW Protocol Fees | $789.04K | $2.67M | $3.74M | $5.93M | $6.05M | $4.44M | $2.71M | $4.3M | $3.83M | $1.6M | $1.59M | $294.82K | $0 | $0 | $0 | $0 |
| Partner Fees for CoW | $110.04K | $382.88K | $372.18K | $598.96K | $788.46K | $663.5K | $249.83K | $220.28K | $75.1K | $44.97K | $16.69 | $0.69 | $0 | $0 | $0 | $0 |
| Partner Fees for Partners | $630.2K | $2.15M | $1.9M | $3.1M | $3.7M | $2.71M | $710.53K | $934.54K | $653.54K | $399.74K | $97.80 | $3.90 | $0 | $0 | $0 | $0 |
| MEV Blocker Fees | $0 | $0 | $0 | $0 | $174.75K | $609.82K | $377.53K | $741.37K | $1.4M | $1.06M | $947.08K | $0 | $0 | $0 | $0 | $0 |
| MEV Blocker Sale | $0 | $166.07K | $131.07K | $206.1K | $6.92M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Cost of Revenue | $630.2K | $2.23M | $1.97M | $3.2M | $7.25M | $3.02M | $899.3K | $1.31M | $1.36M | $930.86K | $473.64K | $3.90 | $0 | $0 | $0 | $0 |
| Partner Fees for Partners | $630.2K | $2.15M | $1.9M | $3.1M | $3.7M | $2.71M | $710.53K | $934.54K | $653.54K | $399.74K | $97.80 | $3.90 | $0 | $0 | $0 | $0 |
| MEV Blocker Fees to Beaver Build | $0 | $0 | $0 | $0 | $87.37K | $304.91K | $188.77K | $370.69K | $701.94K | $531.12K | $473.54K | $0 | $0 | $0 | $0 | $0 |
| MEV Blocker Sale Amount to Beaver Build | $0 | $83.03K | $65.54K | $103.05K | $3.46M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Gross Profit | $899.06K | $3.14M | $4.18M | $6.63M | $10.39M | $5.41M | $3.14M | $4.89M | $4.63M | $2.17M | $2.13M | $294.82K | $0 | $0 | $0 | $1.91K |
| MEV Blocker Fees to CoW DAO | $0 | $0 | $0 | $0 | $87.37K | $304.91K | $188.77K | $370.69K | $701.94K | $531.12K | $473.54K | $0 | $0 | $0 | $0 | $0 |
| MEV Blocker Sale Amount to CoW DAO | $0 | $83.03K | $65.54K | $103.05K | $3.46M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| CoW Protocol Fees | $789.04K | $2.67M | $3.74M | $5.93M | $6.05M | $4.44M | $2.71M | $4.3M | $3.83M | $1.6M | $1.59M | $294.82K | $0 | $0 | $0 | $0 |
| Partner Fees for CoW | $110.04K | $382.88K | $372.18K | $598.96K | $788.46K | $663.5K | $249.83K | $220.28K | $75.1K | $44.97K | $16.69 | $0.69 | $0 | $0 | $0 | $0 |
Earnings | $899.06K | $3.14M | $4.18M | $6.63M | $10.39M | $5.41M | $3.14M | $4.89M | $4.63M | $2.17M | $2.13M | $294.82K | $0 | $0 | $0 | $1.91K |
Token Holder Net Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Markets
Loading COW markets...
Token rights and value accrual
Updated May 14, 2026
Utility
N/ACoWSwap
COWPrimary Value Accrual
Buybacks
Value accrues through buybacks.
Governance
COWTreasury
COWRevenue
COWFee Switch
OnBuybacks
COWDividends
NoneBurns
NoneEquity Rev. Capture
NoFundraising
Token SaleEntities
DAOToken Usage
Token usage needs a subscription
Unlocks
Token unlocks need a subscription
Yields
Tracking 6 pools, average APY 3.30%
Loading yield pools...