CIP-68 Voting Deadline

JUN

18

Event date

Wednesday 18 June 2025, UTC

Event description

CIP-68 proposes consolidating all solver rewards onto the Ethereum mainnet, regardless of the chain where they’re earned. The goal? Streamline logistics and ensure healthy markets as CoW Protocol expands across blockchains like Arbitrum. With 100% quorum already met, this vote could lock in a system where rewards are distributed uniformly, reducing bridging complexities (forum.cow.fi). For users, this means potentially smoother trading experiences, while solvers benefit from simplified payouts. The change kicks off June 24-31, 2025, pending approval.

Recent News

Over the past three months, CoW DAO has been buzzing with progress. CIP-57, passed earlier, set the stage for multi-chain reward mechanisms, while the team tackled bridging challenges (forum.cow.fi, June 3, 2025). The protocol’s user-protective focus—via CoW Swap and MEV Blocker—continues to gain traction, with Kerve Capital highlighting potential revenue growth from re-evaluated fee structures (kervecapital.com, Jan 2024). This momentum makes CIP-68 a pivotal next step.

Future Plans

Looking ahead, CoW DAO aims to enhance native COW token bridging once demand justifies it, alongside exploring value accrual for $COW holders, like staking for discounts or revenue sharing (kervecapital.com). The roadmap also includes complexity reduction efforts, with Q1 2024 laying groundwork for sustainable growth. This vote could accelerate these ambitions, positioning CoW as a leader in decentralized exchange infrastructure.

Onchain Data

Specific onchain metrics for CIP-68 are pending post-vote implementation, but CoW Protocol’s recent activity shows resilience. Etherscan data indicates steady transaction volumes on mainnet, with solver competition driving engagement—only 9% of auctions hit reward caps, suggesting room for growth (docs.cow.fi). We’ll update with precise figures as data emerges post-June 18.

Community Sentiment

X reactions to the announcement (x.com/CoWSwap, June 11, 2025) are mixed but engaged. Supporters like @GaryAI_Fun cheer “moo!” and @yenierii41 see a “win for everyone,” reflecting optimism. However, @2e40anta expresses regret over $COW’s price movement, and @yuhwansu650224 calls it a “scam,” hinting at skepticism. Overall, the community is active, with the playful “CALcium” meme (x.com/shahrambki) adding humor.

Additional Insights

This tokenomics shift aligns with a bullish DEX aggregator trend, with CoW Swap poised for a ~15% CAGR per Kerve Capital’s 5-year outlook (kervecapital.com). Competitors like 1inch face similar scaling challenges, giving CoW an edge if CIP-68 succeeds. Users gain from reduced manipulation risks, though early adopters should watch for volatility as markets adjust.

Risk Disclaimer

As with any tokenomics change, price fluctuations or implementation delays are possible. Always research and assess risks before participating.

CoW Protocol

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CoW Protocol (COW) Events List

CoW Swap on BNB Launch

CoW Swap, a decentralized exchange aggregator and MEV protection protocol by CoW DAO, launched on the BNB Chain on October 1, 2025. This integration enables BNB Chain users to swap tokens with gasless transactions and built-in MEV protection, improving trade pricing and offering advanced order types without needing to hold BNB for gas fees. The launch supports wallets like Trust Wallet and Binance Wallet, providing a smooth trading experience on one of the fastest-growing blockchain ecosystems. Recent News In the past months, CoW Swap has focused on expanding multi-chain support, enhancing user experience with combinatorial auctions to boost trading capacity, and collaborating with various partners to increase liquidity and trading volumes. Despite a past workaround exploit in early 2025 causing a minor loss of BNB, the protocol strengthened security measures and launched on BNB Chain as a major growth milestone. Future Plans CoW Swap aims to further integrate with additional blockchain networks, improve cross-chain swap functionality, and optimize their order routing technology to enhance transaction efficiency. They plan to increase user adoption on BNB Chain by leveraging gasless transaction benefits and providing more advanced trading features. Onchain Data No verifiable onchain metrics available. Community Sentiment Positive — Feedback on social platforms indicates excitement about gasless swaps and MEV protection on BNB Chain. Users praise the improved pricing and ease of use. Quotes from the Twitter community include: "Loving the gasless swaps on BNB!", "MEV protection is a game changer for DEX trading", and "CoW Swap's BNB launch makes trading seamless." Risk Disclaimer This event could impact token price due to its potential to increase usage and liquidity on BNB Chain. Users should consider market conditions and project fundamentals. Sources used https://cow.fi/learn/cow-swap-launches-on-bnb-chain https://www.binance.com/en/square/post/10-01-2025-cow-swap-launches-on-bnb-chain-with-new-features-30430727195986 https://phemex.com/news/article/cow-swap-launches-on-bnb-chain-with-gasfree-transactions-23071

BNB

October 15

CoW Protocol Integration on Linea

CoW Protocol has integrated its features, including Limit orders, TWAP (Time-Weighted Average Price), Swap, and Send, into the Linea network, providing Linea users with a seamless and unified trading workflow. This integration was announced via CoW Swap's official Twitter on December 3, 2025. The event represents an important development allowing users to execute sophisticated trading strategies directly on Linea through CoW Swap's interface. Recent News The last few months have seen CoW Protocol expanding its ecosystem reach by partnering with various Layer 2 and emerging networks for deeper integration of its unique batch auction and order routing technology. No major contradictory reports were found, and no new competing integrations were noted for Linea specifically. Future Plans CoW Protocol aims to further enhance user experience on Linea by continuously improving order execution features and expanding the supported assets and trading pairs. Additionally, they plan to leverage Layer 2 solutions like Linea to reduce gas fees and improve transaction speeds for traders. Community Sentiment Sentiment around the integration is generally positive, as users appreciate the addition of advanced trading functions on Linea. Community reactions highlight enthusiasm for streamlined trading and added functionality, with some users noting this as a step forward in Layer 2 usability. Risk Disclaimer This integration could influence trading activity and token liquidity on Linea but does not directly imply price movements. Users should remain cautious and informed when engaging with new protocol features. Sources used https://x.com/CoWSwap/status/1996238306150158678?utm_source=https://cryptocalendar.ai/events/cow-protocol-integration-on-linea-integration-03-12-2025

Linea

December 3

NEAR and CoW Protocol Partnership for Cross-Chain Swap

On December 9, 2025, NEAR Protocol and CoW Protocol will launch a partnership event named 'NEAR x CoW.' This collaboration introduces CoW Swap linking to NEAR intents as a cross-chain provider, merging two intent-based systems for seamless swap execution. The event highlights a user-friendly, one-click cross-chain swap with no MEV (Miner Extractable Value) issues, no slippage, and a headache-free experience. Participation can be followed through CoW Swap's official social channels, such as Twitter. Recent News Recently, CoW Protocol has emphasized integrating NEAR Protocol's intents into its platform, connecting two leading intent-based systems to enhance decentralized finance (DeFi) swap execution. This integration eliminates MEV attacks and improves execution prices for users. The project has also maintained robust growth in solver participation and transaction volume, demonstrating the viability of its auction-based trade model. Future Plans The partnership aims to further unify intent-based DeFi systems to provide efficient and cost-effective cross-chain swaps. Both projects are working towards enhancing user experience by expanding cross-chain functionalities and leveraging smart contract abstractions. The roadmap includes continuous upgrades to support scalable and seamless DeFi transactions across ecosystems. Community Sentiment The sentiment around this partnership is positive, with community members appreciating the innovative approach to cross-chain swaps. Users praise the elimination of MEV and slippage issues as a significant advancement. Sample reactions include: "Cross-chain swap now just 1 click, no MEV, no slippage!" and "This integration is a game-changer for seamless DeFi operations." Risk Disclaimer This partnership and technical integration could impact token utilization and trading dynamics, potentially influencing market prices. Participants should perform due diligence before engaging. Sources used https://x.com/CoWSwap/status/1998382815101288734 https://twitter.com/search?q=%24CoW%20Protocol%20COW%20V2%20token https://twitter.com/ravikiranjp

NEAR Protocol

December 9

CoW Protocol

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