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)