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Scores/CoW Protocol

CoW Protocol

DAMASCUS

DEX Aggregator · Ethereum + Gnosis · $500M+ TVL · 10 contracts

Official site: cow.fi

839
3004756508251000
Confidence75%
Z-Factor0.82
Updated 2026-05-27Public score

Security Profile

Access Ctrl
85
Economic
88
Oracle
82
Compos.
75
Govern.
80
Maturity
82
Resilience
50
Supply Ch.
85
OpSec
59
Cascade
100
Min
50
Avg
79
Max
100

Audit History

Ackee Blockchain
2022-03
G0 Group
2023-06

Bug Bounty Program

$1,000,000
Max payout on Immunefi
View Program

Assessment

Innovative batch auction DEX with native MEV protection. D4 penalized for deep multi-DEX dependency for settlement. Clean track record (36+ months, Gnosis heritage). Solver competition model is novel but less battle-tested.

Dimension Breakdown

Methodology
Access Control
Weight 18% · 80% confidence
85
+21Solver competition with bonding requirements
+21Settlement contract with allow-listed solvers
+21Order signing via EIP-712 (user intent)
+21Pre-hooks and post-hooks add execution flexibility
Provenance
Economic Soundness
Weight 13% · 82% confidence
88
+22Batch auction model provides MEV protection
+22Surplus from CoW (Coincidence of Wants) returned to users
+22CoW AMM adds protocol-owned liquidity
+22Solver competition creates price improvement incentive
Provenance
Oracle Integrity
Weight 13% · 75% confidence
82
+20No external oracle in core - solver provides price discovery
+20Settlement must match or exceed user's limit price
+20Reference prices from DEX liquidity (indirect oracle)
+20Price quality enforced by solver competition
Provenance
Battle-Tested Maturity
Weight 12% · 80% confidence
82
+16GPv2 live since 2021, CoW Protocol since 2022 (36+ months)
+16Gnosis team heritage (ex-Gnosis Protocol)
+16No protocol-level exploit
+16Growing but still mid-maturity
Provenance
Governance & Upgradeability
Weight 10% · 75% confidence
80
+20CowDAO governance via vCOW token
+20Snapshot voting with on-chain execution
+20Solver whitelist managed by governance
+20Emerging governance maturity
Provenance
Adversarial Resilienceredacted
Weight 10% · 30% confidence
50
  • Maximum resilience under independent adversarial testing
  • Comprehensive security coverage across all attack surfaces
  • Active bounty program incentivizes continuous scrutiny
  • No validated adversarial findings — score set to neutral baseline
Provenance
Operational Security
Weight 10% · 60% confidence
59
-41No branch protection detected
+12Active CI/CD (80% success rate)
+12Commit signing: 100% verified
+12Strong PR review culture (83% reviewed)
Provenance
Compositional Risk
Weight 5% · 72% confidence
75
+19Aggregates across Uniswap, Balancer, Curve, etc.
+19Deep external DEX dependency for settlement
+19Solver strategies compose across multiple protocols
+19Hook system adds new composition vectors
Provenance
Cascade Exposure
Weight 5% · 50% confidence
100
+33Member of 1 dependency cluster(s)
+33No cross-protocol cascade exposure detected
+33Source: cross_protocol_composition.json dependency analysis
Provenance
Supply Chain
Weight 4% · 82% confidence
85
+21Standard Solidity settlement contracts
+21Rust-based solver infrastructure
+21Well-maintained dependency set
+21Verified on Ethereum mainnet
Provenance

Top Score Drivers

Dimensions with the greatest marginal impact on BRI.

Adversarial Resilience
50+38.7 potential
Operational Security
59+29.2 potential
No branch protection detected
Access Control
85+16 potential
Solver competition with bonding requirements
Oracle Integrity
82+14.1 potential
No external oracle in core - solver provides price discovery
Battle-Tested Maturity
82+13 potential
GPv2 live since 2021, CoW Protocol since 2022 (36+ months)

Adversarial Risk Signals

Publicly verifiable security posture indicators.

Disclosure HistoryNot Assessed
Remediation VelocityNot Assessed
Bug Bounty ProgramNot Assessed
Audit CoverageNot Assessed
Incident HistoryNot Assessed
Deployed 2022-03-2810 dimensionsProvenance Ledger
methodology v2.1formula v1.1weights v1.1evidence sha256:sha256:a...

Score History & Verification

Score provenance tracking begins with the next reassessment.

On-Chain Data

Protocol Slug
"cow-protocol"
Oracle
BRORegistry (Base)
Evidence
IPFS (pinned)
Staleness Threshold
24 hours
Read Score
registry.getScore("cow-protocol")
Reduce exploitable risk

Continuous adversarial analysis, vulnerability detection, and verified reassessment.

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