CoW Protocol — Live Price, Open Interest & Funding
#307 COWCoW Protocol (COW) is a defi cryptocurrency ranked #307 by market capitalisation. It is currently trading at $0.136714, down 2.87% over the last 24 hours. The 24-hour range has stretched from $0.135781 to $0.141636. 24-hour volume reached 19M COW (~$2.53M), with total turnover of $2.53M. Open interest on perpetual futures sits at 17M COW ($2.30M), reflecting the size of leveraged positions still open. Average funding rate across 6 exchanges is near zero (0.0028%), suggesting balanced positioning between longs and shorts. Market capitalisation is $79.06M, with a circulating supply of 578M COW out of a maximum of 1B COW. CoW Protocol launched in 2021. Live data is aggregated from 8 major exchanges including Binance, Bybit, KuCoin.
Markets
| Exchange | Price | Turnover 24h | Funding |
|---|---|---|---|
| Binance | $0.1366 | $786K | +0.005% |
| Bybit | $0.13668 | $139K | +0.005% |
| KuCoin | $0.1357 | $767K | -0.0419% |
| BingX | $0.137 | $33K | — |
| Bitget | $0.1364 | $62K | +0.005% |
| HTX | $0.1375 | $415K | — |
| MEXC | $0.1367 | $91K | +0.005% |
| Gate | $0.136 | $7.8K | +0.005% |
Price changes
Key data
- Open interest
- 17M COW ($2.30M)
- Turnover · 24h
- $2.53M
- Volume · 24h
- 19M COW ($2.53M)
- Fully diluted market cap
- $79.06M
- Circulating supply
- 578M COW
- Total supply
- 1B COW
- Max. supply
- 1B COW
Profile
- Rank
- #307
- Type
- Token
- Category
- DeFi
- Date Launched
- 27 Apr 2021
Links
Funding rate CoW Protocol
Funding rate is paid every 8 hours between long and short traders. Positive rate: longs pay shorts (market is bullish). Negative rate: shorts pay longs. Extreme values (>0.1%) often precede reversals.
CoW Protocol Price & Volume by Exchange
| Exchange | Futures | Spot | Open interest | Turnover 24h | Funding |
|---|---|---|---|---|---|
| Binance | $0.1366 | $0.1367 | 9.1M | $786K | +0.005% |
| Bybit | $0.13668 | — | 3.6M | $139K | +0.005% |
| KuCoin | $0.1357 | $0.1367 | 1.7M | $767K | -0.0419% |
| BingX | — | $0.137 | — | $33K | — |
| Bitget | $0.1364 | $0.1367 | 1.2M | $62K | +0.005% |
| HTX | — | $0.1375 | — | $415K | — |
| MEXC | $0.1367 | $0.1367 | 766K | $91K | +0.005% |
| Gate | $0.136 | $0.1379 | 419K | $7.8K | +0.005% |
Futures and spot price comparison across major exchanges. A large spread between exchanges may signal arbitrage opportunity or liquidity imbalance.
Frequently asked questions
- What is the current price of CoW Protocol (COW)?
- CoW Protocol (COW) is currently trading at $0.136714 USDT. The price updates every minute and is aggregated across the major crypto exchanges — Binance, Bybit, OKX, KuCoin, Bitget, BingX, MEXC, HTX, Gate.io and Hyperliquid — which removes single-venue outliers and gives a stable reference price you can use for alerts and cross-exchange comparison.
- Where is COW traded?
- CoW Protocol (COW) is currently tracked across 8 exchanges: Binance, Bybit, KuCoin, BingX, Bitget, HTX, MEXC, Gate — both USDT-M perpetual futures and USDT spot pairs where available. Data refreshes every minute, and each venue feeds the aggregated metrics (price, turnover, open interest, funding).
- What is the COW funding rate now?
- Average COW funding across 6 exchanges is near zero (0.0028%) — balanced positioning, no clear overheating on either side. Funding is a periodic payment between perpetual-contract sides that pins the perp price to spot; it is charged every 8 hours and signals which way positioning is skewed. Near-zero funding is the neutral zone: the market is not crowded, but there is no compressed-spring catalyst either.
- What is the COW open interest now?
- Total COW open interest across our tracked venues is 17M (~$2.30M in USD). Open interest is the aggregate notional of unsettled futures contracts (each contract is one long + one short, counted once). Rising OI with rising price confirms fresh money entering and trend strength; rising OI with falling price points to aggressive short build-up; falling OI signals position unwinding and weakening momentum. Watch OI live in the dashboard or set an OI-spike alert below.
- How can I get an alert on COW price, OI or funding moves?
- JustScreener scans all 4000+ pairs on 10 exchanges every minute — there is no list of coins to configure. For price, OI or volume alerts use the Custom Screener; for funding — the Funding Screener. A Telegram or push notification fires the moment a rule triggers.