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CoW Protocol's COW token is the governance and utility token of a decentralised exchange aggregator known for its batch-auction settlement mechanism. Traders and DeFi participants often swap COW to participate in protocol governance or to acquire tokens after interacting with the platform. Because COW operates exclusively on Ethereum, it follows standard ERC-20 behaviour, making it compatible with any Ethereum-compatible wallet.
Before swapping COW, confirm your receiving address is an Ethereum wallet that supports ERC-20 tokens — sending to a contract address that doesn't handle ERC-20s can result in permanent loss. COW runs only on Ethereum, so there is no network selection to make; always use the Ethereum network for deposits and withdrawals. Ethereum confirmation times can vary depending on network congestion, so allow some flexibility after broadcast. Zest displays the expected rate and output amount before you confirm the swap, so review those details carefully prior to proceeding.
Ethereum
