CoW DAO Focuses on Mitigating Maximal Extractable Value (MEV) Attacks

πŸ”’ MEV Mitigation Solutions

By CoW DAO
Mar 25, 2024, 5:35 PM
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CoW DAO is an organization that builds products to protect users from Maximal Extractable Value (MEV) attacks, a form of price exploitation enabled by re-ordering transactions in a block.​ MEV costs traders millions in losses from slippage exploitation, liquidity provider losses, and frontrunning of NFT mints.​ CoW DAO's suite of products includes CoW Swap to prevent MEV for DeFi trades, CoW AMM to protect liquidity providers, and MEV Blocker to shield all Ethereum users.​ The DAO advocates for MEV searchers, who currently facilitate MEV, to become CoW Protocol solvers instead, using their capabilities to benefit users rather than exploit them.​

Sources

Maximal Extractable Value [MEV] Β· (noun): A form of price exploitation enabled by re-ordering transactions in a block. πŸ“‰ MEV costs traders millions of dollars in losses for DeFi trades, LP positions, and other transactions. CoW DAO builds products that protect users from MEV.

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Read more about CoW DAO

πŸ„ Cross-Chain Swaps

**CoW Swap launches cross-chain trading** that eliminates traditional bridge complexity. Key features: - **Best-route pricing** across multiple chains - **Gasless trading** - no need for native tokens - **Surplus returns** to traders - **MEV protection** built-in The platform now supports trading across Ethereum, Gnosis, BNB, Lens, Avalanche, Polygon, Arbitrum, and Base chains without requiring separate bridging steps. Traders can swap tokens directly between chains while maintaining the same protections and competitive pricing that CoW Swap offers on single chains. [Learn more about cross-chain swaps](https://cow.fi/learn/cow-dao-unveils-seamless-cross-chain-swaps)

πŸ”“ Partial Approvals Live

**CoW Swap launches partial approvals for market orders** Users can now approve only the exact amount needed for swaps and permits, eliminating the need for maximum approvals unless preferred. - **Enhanced control**: Approve specific amounts rather than unlimited access - **Same user experience**: Maintains smooth trading interface - **User-requested feature**: Built based on community feedback The update provides traders with more granular control over token approvals while preserving CoW Swap's streamlined interface. [Try partial approvals now](http://swap.cow.fi)

πŸ„ COW Holders Vote

**CIP-74 is now live** and requires $COW holder votes to pass. The proposal updates **solver rewards** to maintain: - Strong competition among solvers - Fair reward distribution - Long-term sustainability **Vote now** on [Snapshot](https://snapshot.org/#/s:cow.eth/proposal/0x0c70c8cd92accee872b52614b4fa10e3e3214f45c5b6857f7e88e910607a3c1d) Your participation helps shape CoW Protocol's future reward structure.

Study Shows CoW Swap Leads Intent-Based DEXes in Decentralization and Volume

A comprehensive 6-month trading analysis reveals CoW Swap's dominance among solver-based DEXes: - **Higher Trading Volume**: ~$200M daily vs $60M (1inch Fusion) and $30M (UniswapX) - **More Decentralized**: Top solver only controls 25% market share, with next five at ~10% each - **Better for Large Trades**: Shows best execution improvement for trades over 100 ETH The study compared CoW Swap, 1inch Fusion, and UniswapX, finding solver-based DEXes generally outperform traditional alternatives through optimized routing and off-chain liquidity access. Try CoW Swap: [swap.cow.fi](https://swap.cow.fi/#/1/swap/WETH/0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48)

CoW DAO at DevCon Bangkok: Schedule of Events

CoW DAO at DevCon Bangkok: Schedule of Events

CoW DAO announces their presence at DevCon Bangkok with a packed schedule: - Tuesday: @Silver_Queen presents on user interaction in web3 - Wednesday: Booth presence at ArbiVerse (Arbitrum event) with swag giveaways - Thursday: @AnnaMSGeorge discusses CoW AMM's batch mechanism - Friday: Two key talks: * @AndreaCanidio on trade intents and fair mechanism design * @fleupold_ explores PBS in Ethereum **Special Event**: CoW DAO hackathon offering $10,000 in prizes at ETHGlobal Visit the CoW DAO booth to connect with the team and collect exclusive swag!

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