CowSwap：近期涨幅最显着的 DeFi 代币，也是 Vitalik 最喜欢的 DEX 之一

CowSwap 是近期涨幅最显着的 DeFi 代币，也是 Vitalik 最喜欢的 DEX 之一。它作为一个平台

CowSwap, a decentralized exchange (DEX) and a key product of the Gnosis ecosystem, has seen a remarkable surge in its native token ($COW) price, with a 62% increase in just one week and a 162% surge within a month. This price rally has attracted significant attention in the Chinese community, particularly due to the recent on-chain activity of the Trump team's World Liberty Financial (WLFI) project.

CowSwap 是一家去中心化交易所（DEX），也是 Gnosis 生态系统的关键产品，其原生代币（$COW）价格大幅飙升，短短一周内上涨 62%，一个月内飙升 162%。此次价格上涨引起了华人社区的高度关注，特别是由于特朗普团队的世界自由金融（WLFI）项目最近的链上活动。

While $COW is not included in WLFI's asset list, on-chain analyst Ai Yi has observed that recent token purchases by WLFI have utilized CowSwap. This aligns with the trading habits of Ethereum founder Vitalik Buterin, who frequently uses CowSwap.

虽然$COW并未包含在WLFI的资产清单中，但链上分析师艾毅观察到，WLFI最近购买的代币都使用了CowSwap。这与经常使用 CowSwap 的以太坊创始人 Vitalik Buterin 的交易习惯相符。

This unique on-chain behavior has directly influenced market sentiment. With the dual expectations of Trump about to take office and the popularity of political concept coins, the price of $COW surged by 62% in just one week and skyrocketed by 162% within a month.

这种独特的链上行为直接影响了市场情绪。在特朗普即将上任和政治概念币火爆的双重预期下，$COW 价格短短一周内飙升 62%，一个月内暴涨 162%。

Behind CowSwap's price surge: the powerful force of Gnosis

CowSwap价格飙升背后：Gnosis的强大力量

CowSwap's success is largely attributed to the powerful force behind it - Gnosis.

CowSwap的成功很大程度上归功于其背后的强大力量——Gnosis。

CowSwap originated from Gnosis Protocol V1, which was launched in 2020 as the first decentralized trading platform to achieve circular trading through a batch auction mechanism. Its unique design allows all orders to share liquidity and efficiently complete settlements.

CowSwap源于Gnosis Protocol V1，该协议于2020年推出，是第一个通过批量拍卖机制实现循环交易的去中心化交易平台。其独特的设计可以让所有订单共享流动性并高效完成结算。

In 2021, Gnosis Protocol V2 introduced an innovative solving mechanism (Solvers), which not only significantly improved order matching efficiency but also successfully addressed the long-standing MEV (Miner Extractable Value) issue that has troubled DeFi traders. That same year, Gnosis Protocol was renamed CowSwap, becoming the aggregator DEX we know today.

2021年，Gnosis Protocol V2引入了创新的解决机制（Solvers），不仅显着提高了订单撮合效率，还成功解决了长期困扰 DeFi 交易者的 MEV（矿工可提取价值）问题。同年，Gnosis Protocol 更名为 CowSwap，成为我们今天所知的聚合器 DEX。

It can be said that CowSwap's rise is inseparable from the deep accumulation of the Gnosis ecosystem. In fact, the story of the Gnosis ecosystem can be traced back to 2015.

可以说，CowSwap的崛起与Gnosis生态的深厚积累密不可分。事实上，Gnosis生态系统的故事可以追溯到2015年。

Compared to the now well-known Polymarket, Gnosis co-founder Martin Koeppelmann began researching decentralized prediction markets much earlier. In

与现在知名的 Polymarket 相比，Gnosis 联合创始人 Martin Koeppelmann 更早开始研究去中心化预测市场。在