CoWSwap CIP-66 Vote

APR

16

Event date

Wednesday 16 April 2025, UTC

Event description

  • CoWSwap’s CIP 66 proposes integrating a Flash-Loan Router into CoW Protocol, allowing solvers to use flash loans—uncollateralized loans repaid in the same transaction—for settlements, which could boost efficiency in DeFi trades by leveraging protocols like Aave or Balancer.
  • Flash loans, a DeFi innovation since 2020, enable arbitrage and collateral swaps but carry risks; Chainlink data notes they’ve been used in 70% of DeFi exploits since 2022 due to vulnerabilities like faulty price oracles, highlighting the need for robust security in CIP 66’s implementation.
  • CoW Protocol’s governance model empowers $COW token holders to vote on CIP 66, reflecting a decentralized decision-making trend in DeFi—CoinMarketCap data shows $COW at $0.309 on April 14, 2025, with holders also gaining fee discounts on CowSwap trades.


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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

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October 15

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