CoW Protocol — Live Price, Open Interest & Funding
#301 COW
$0.15828
-2.06%
CoW Protocol (COW) is a defi cryptocurrency ranked #301 by market capitalisation. It is currently trading at $0.15828, down 2.06% over the last 24 hours. The 24-hour range has stretched from $0.155549 to $0.165965. 24-hour volume reached 17M COW (~$2.63M), with total turnover of $2.63M. Open interest on perpetual futures sits at 20M COW ($3.09M), reflecting the size of leveraged positions still open. Average funding rate across 6 exchanges is +0.0125%, with longs paying shorts — typically a sign of bullish positioning. Market capitalisation is $91.61M, with a circulating supply of 579M 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.
COW
BTC
INDEXED · % CHANGE FROM WINDOW START
Fully diluted market cap
$91.61M
Volume 24h
17M COW
Open Interest
$3.09M
Turnover 24h
$2.63M
Markets
| Exchange | Price | Turnover 24h | Funding |
|---|---|---|---|
| Binance | $0.1581 | $1.3M | +0.005% |
| Bybit | $0.15824 | $150K | +0.005% |
| KuCoin | $0.1584 | $331K | +0.0498% |
| BingX | $0.1585 | $37K | — |
| Bitget | $0.1581 | $110K | +0.005% |
| HTX | $0.1575 | $325K | — |
| MEXC | $0.1581 | $93K | +0.005% |
| Gate | $0.1588 | $27K | +0.005% |
Price changes
Price per Hour
-0.05%
-$0.000076
Price within 12 Hours
-0.94%
-$0.001504
Price within 24 Hours
-2.06%
-$0.003331
Price per Week
-3.47%
-$0.00573
Price per Month
-15.86%
-$0.03001
Key data
- Open interest
- 20M COW ($3.09M)
- Turnover · 24h
- $2.63M
- Volume · 24h
- 17M COW ($2.63M)
- Fully diluted market cap
- $91.61M
- Circulating supply
- 579M COW
- Total supply
- 1B COW
- Max. supply
- 1B COW
$0.155549
$0.165965
Profile
- Rank
- #301
- Type
- Token
- Category
- DeFi
- Date Launched
- 27 Apr 2021
Contract Addresses
· 0
Links
Chat
discord.gg/cowprotocol
Twitter
twitter.com/CoWSwap
Website
cow.fi
Website
cowswap.exchange
Explorer
etherscan.io/token/0xDEf1CA1fb7FBcDC777520aa7f396b4E015F497aB
Explorer
app.nansen.ai/token-god-mode?chain=ethereum&tab=transactions&tokenAddress=0xDEf1CA1fb7FBcDC777520aa7f396b4E015F497aB
Explorer
blockscout.com/xdai/mainnet/token/0x177127622c4A00F3d409B75571e12cB3c8973d3c/token-transfers
Source Code
github.com/gnosis/cowswap
Blog
medium.com/@cow-protocol
Funding rate CoW Protocol
Binance
+0.005%
Bybit
+0.005%
KuCoin
+0.0498%
Bitget
+0.005%
MEXC
+0.005%
Gate
+0.005%
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 | $0.1581 | $0.1582 | 11M | $1.3M | +0.005% |
| Bybit | $0.15824 | — | 3.7M | $150K | +0.005% |
| KuCoin | $0.1584 | $0.159 | 1.7M | $331K | +0.0498% |
| BingX | — | $0.1585 | — | $37K | — |
| Bitget | $0.1581 | $0.1581 | 1.5M | $110K | +0.005% |
| HTX | — | $0.1575 | — | $325K | — |
| MEXC | $0.1581 | $0.1585 | 1.7M | $93K | +0.005% |
| Gate | $0.1588 | $0.1581 | 440K | $27K | +0.005% |
Futures and spot price comparison across major exchanges. A large spread between exchanges may signal arbitrage opportunity or liquidity imbalance.
Market open interest
Track open interest changes across all futures markets in real time.
Prices
Monitor price movements and 24h changes for all crypto pairs.
Trading volume in base coin
Flags % changes in 24h turnover over your chosen interval (1m–4h).
Market
Full market view: prices, OI, turnover, funding — all in one place.
Frequently asked questions
- What is the current price of CoW Protocol (COW)?
- CoW Protocol (COW) is currently trading at $0.15828 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 +0.0125% — longs are paying shorts. Funding is a periodic payment between perpetual-contract sides that pins the perp price to spot; it is charged every 8 hours on most venues (some run 4-hour or 1-hour cycles). A positive rate means long positioning is dominant; sustained readings above +0.05% historically signal long-side overcrowding and frequently precede a long-squeeze — a sharp reversal as longs get force-liquidated.
- What is the COW open interest now?
- Total COW open interest across our tracked venues is 20M (~$3.09M 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.