For years, one of DeFi's best-kept secrets sat behind a locked door. 🔒
TWAP orders.
Advanced traders swore by them. Everyone else needed a Safe, a custom fallback handler, and an afternoon to spare.
Today, the door comes off its hinges. TWAP is open to every wallet.
🧵
Following the passage of CIP-90, CoW Protocol volume fees on correlated token pairs, RWAs, and tokenized stocks have been moved from 0.3 bps to 0.0 bps.
As always, up-to-date information on all CoW DAO fee policies can be found in our docs, here: docs.cow.fi/governance/fees 🐮
Loan swaps are now live on Aave V4, and they come with a moo under the hood. 🐄
Aave V4 borrowers can now switch their debt to a different asset in a single step. CoW Protocol handles the swap: you sign once, solvers compete to execute it.
Loan swaps are now available for Aave V4’s Ethereum, Base, and Avalanche markets on Aave Pro.
Swap your loan from one asset to another without closing your position, powered by @CoWSwap.
October in DeFi 👀
4 DEX aggregators finished October within 1.1 points of each other 🏁
In September, first to third was 3.2 points apart. This month, first to fourth fits inside 1.1.
Here’s what happened 🧵
#CoWGlossary: Gas ⛽️
Gas is the fee for getting a transaction processed on a blockchain. It fluctuates with network demand - busy periods mean higher fees.
On CoW Swap, the solver pays the gas to settle your trade and builds that cost into your quote, so you don't need ETH to cover the swap itself.
The cost comes out of your sell token, not your wallet's gas balance.