CoW Protocol uses intents and solver auctions for execution quality and MEV protection, but offchain accounting and allowlist trust remain.
Investment View
Investors should track order flow, solver competition, protocol fee profitability, COW treasury spend, and Safe plus allowlist operations.
CoW Protocol has mature intent DEX infrastructure and fee switch progress, but solver reward self funding and CoW AMM liquidity are next tests.
Investment View
Investors should watch whether revenue funds solver rewards, DNS security improves, and CoW AMM TVL grows beyond volume headlines.