CowSwap: The DeFi Token That Has Recently Seen the Most Significant Increase, and It Is Also One of Vitalik's Favorite DEXs

CowSwap is the DeFi token that has recently seen the most significant increase, and it is also one of Vitalik's favorite DEXs. It serves as a platform

CowSwap, a decentralized exchange (DEX) and a key product of the Gnosis ecosystem, has seen a remarkable surge in its native token ($COW) price, with a 62% increase in just one week and a 162% surge within a month. This price rally has attracted significant attention in the Chinese community, particularly due to the recent on-chain activity of the Trump team's World Liberty Financial (WLFI) project.

While $COW is not included in WLFI's asset list, on-chain analyst Ai Yi has observed that recent token purchases by WLFI have utilized CowSwap. This aligns with the trading habits of Ethereum founder Vitalik Buterin, who frequently uses CowSwap.

This unique on-chain behavior has directly influenced market sentiment. With the dual expectations of Trump about to take office and the popularity of political concept coins, the price of $COW surged by 62% in just one week and skyrocketed by 162% within a month.

Behind CowSwap's price surge: the powerful force of Gnosis

CowSwap's success is largely attributed to the powerful force behind it - Gnosis.

CowSwap originated from Gnosis Protocol V1, which was launched in 2020 as the first decentralized trading platform to achieve circular trading through a batch auction mechanism. Its unique design allows all orders to share liquidity and efficiently complete settlements.

In 2021, Gnosis Protocol V2 introduced an innovative solving mechanism (Solvers), which not only significantly improved order matching efficiency but also successfully addressed the long-standing MEV (Miner Extractable Value) issue that has troubled DeFi traders. That same year, Gnosis Protocol was renamed CowSwap, becoming the aggregator DEX we know today.

It can be said that CowSwap's rise is inseparable from the deep accumulation of the Gnosis ecosystem. In fact, the story of the Gnosis ecosystem can be traced back to 2015.

Compared to the now well-known Polymarket, Gnosis co-founder Martin Koeppelmann began researching decentralized prediction markets much earlier. In