CoW Protocol. Price of cryptocurrency: $ 0.33678176

Instead of directly executing trades on-chain, users only sign their swap intentions and delegate the execution to so-called solvers. Solvers bid on the best exchange rate in order to win the right to settle trades. Batching multiple trades together in order to create CoWs can save on gas costs and AMM fees. CoWs lead to better prices than any existing DEX aggregation. There are people in this picture The CowDAO gives the holders of the COW token the right to govern the infrastructure of the CoW Protocol.