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Additional benefits

CoW Protocol's intent-based trading model provides a number of benefits, including support for expressing any intent, MEV protection, and price improvement. There are also a handful of additional benefits unique to CoW Protocol thanks to its specific architecture:

  • Gasless trades (users pay settlement fees in their sell token; settlement fees can be lower than gas fees if the trade is included in a batch)
  • No fees for failed or cancelled orders (most exchanges make users pay gas fees regardless of whether their order executes or not)
  • Order settlement at Ethereum Best Bid Offer or better
  • Support for placing multiple orders at once
  • Slippage protection on all orders