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CoW Swap

Swap AggregatorIntent-based DEX with MEV protection. TVL not applicable — volume metric.

volume metric
TVL not applicable
ETH $3,420 ▲1.2%COW $0.380 ▲0.5%
price · DefiLlama (24h) · preview

AI review

AI

AI assessment

updated 4h ago·Claude (preview)·preview

CoW Swap is a swap aggregator protocol. 1 of 16 risk feeds in the registry report on it. 1 sourced incident on record. No material change has been detected in the current window.

  • Governance: CoW DAO (COW token, CIPs); on-chain authority = CoW DAO Safe 3/5 (0xcA77…E662) governance
  • 1 of 16 feeds report on CoW Swap. coverage
  • Most recent recorded event: Third-party solver exploit (protocol fees only). incident

AI-generated summary of facts already in this registry — not a Rails assessment, not a risk score, and not a ranking. Per the project charter, the registry never produces its own composite risk judgement. Verify every point against the linked sources below. This is an illustrative preview of a proposed feature; the content is not live.

Feeds

Feed coverage0 covered · 1 partial · 15 not yet covered of 16

How feeds see it

Rating
0 / 1
Dashboard
Monitoring
Research

Seen through 1 of 4 methodology lenses (rating). A neutral view of who is looking and how — not a risk judgement.

DeFiPunk'd
Rating
Partial

Multi-dimension registry: Control, Exit, Autonomy, Open Access, Verifiability via LLM consensus.

View source
DeFiScan
Rating
Not yet covered

Decentralization maturity: who controls keys, upgrades, and admin powers. Stage 0–2 framework.

LlamaRisk
Research
Not yet covered

Protocol risk research and parameter recommendations; collateral and governance risk.

BlockAnalitica
Dashboard
Not yet covered

Quantitative on-chain risk dashboards for lending markets: liquidations, collateral health, exposure.

CuratorWatch
Dashboard
Not yet covered

Vault-level risk monitoring for Morpho curators: allocation risk and curator behavior.

Credora
Rating
Not yet covered

Institutional-grade credit-risk ratings for DeFi protocols and borrowers. Credora by RedStone; GraphQL API + on-chain attestations (EAS).

Xerberus
Rating
Not yet covered

Independent risk rating for DeFi vaults; 300+ subscores across 85+ mechanisms. Open-source.

Philidor Analytics
Rating
Not yet covered

Deterministic vault risk scoring across 700+ vaults: asset quality, code maturity, governance. Open methodology (public API, CLI, MCP server).

pigi.finance
Dashboard
Not yet covered

Vault analytics and risk-adjusted yield across 50+ protocols; exploits, concentration, risk-adjusted APY. Paid structured API.

DeFi Saver
Monitoring
Not yet covered

Position-management tooling: live loan-health / safety-ratio tracking and automated liquidation protection for leveraged positions.

Zyfai Risk
Dashboard
Not yet covered

Real-time risk scores for DeFi liquidity pools: risk metrics, TVL, APY, security grades.

Anticapture
Research
Not yet covered

DAO governance-capture risk: delegate/voting-power concentration, cost-to-attack vs. treasury value, and proposal/power-shift monitoring across major DAOs. Open-source.

Exponential DeFi
Rating
Not yet covered

Risk ratings (A–F) decomposed into protocol, asset, chain, and pool risk across DeFi yield pools. Open whitepaper methodology. (Standalone product migrated into YO Protocol in 2026 — ratings shown are pre-migration samples.)

DeFi Safety
Rating
Not yet covered

Process Quality Reviews (PQR): documentation, testing, audits, and admin-key practices scored 0–100. Transparency-of-process, not market risk.

Gauntlet
Research
Not yet covered

Agent-based economic simulation: insolvency prevention, parameter optimization, and risk-scenario analysis for lending markets.

Chaos Labs
Dashboard
Not yet covered

Edge risk oracles and economic-risk dashboards: real-time parameter automation and scenario stress for lending markets (active on Aave, GMX, Pendle).

Governance

Governance at a glance

Governance
DAO (CoW DAO Safe)
Multisig
3 / 5
Core contracts
Immutable

Structural facts, distilled from the sourced control records below — neutral capabilities, not a risk score. Multisig threshold and signer count are fetched live via the Safe API.

Governance
CoW DAO (COW token, CIPs); on-chain authority = CoW DAO Safe 3/5 (0xcA77…E662)on-chain
Upgradeability
Core GPv2Settlement (0x9008…ab41) is immutable; only the solver allow-list authenticator is an upgradeable proxyon-chain
Admin control
Authenticator proxy owner = CoW DAO Safe 3/5 (0xcA77…E662); only key able to upgrade iton-chain
Solvers
Permissioned solver allow-list; manager (adds/removes solvers) = CoW DAO solver-payouts Safeon-chain

Incidents

2023-02-07Third-party solver exploit (protocol fees only)verified

An attacker abused a pre-existing approval from the settlement contract to a vulnerable third-party solver's helper, draining ~$166K of accrued protocol fees. User funds were never custodied or at risk, and the loss was made whole via the solver bonding mechanism.

Material risk events, presented verbatim from cited sources — not a Rails assessment.

Audits

AuditorDateScope
Ackee Blockchain2023-07ComposableCoW + ExtensibleFallbackHandlerReport
G0 Group2021-05Gnosis Protocol V2 (now CoW core settlement)Report

Representative public audits, attributed and linked to source — not a Rails assessment, and not a completeness or safety guarantee.