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Odos vs CoW Swap

How Odos and CoW Swap differ on routing, chains and what they’re best at.

OdosCoW Swap
CategoryDEX aggregatorDEX aggregator
TypeSmart routerBatch auction
How it worksOptimizes routing across the joint surface of many tokens, enabling multi-input/multi-output swaps (e.g. swap A+B+C into D+E in one transaction) over 900+ liquidity sources.Batches all orders into a ~30s auction; solvers compete to find the settlement that maximizes total surplus, with uniform clearing prices and Coincidence-of-Wants that eliminate sandwich MEV.
Chains16Ethereum, Gnosis, Arbitrum, Base
HighlightMulti-in/out · 900+ sources~22% of ETH aggregator volume
Best forComplex multi-token swapsLarge trades + MEV protection

Odos

  • Best for multi-input/multi-output swaps
  • Searches 900+ liquidity sources
  • Transparent route visualization
  • Overkill for simple swaps
  • Newer brand

CoW Swap

  • Best execution on large trades
  • Eliminates sandwich MEV by design
  • Coincidence-of-Wants can beat AMM price
  • ~30s batch adds latency
  • Fewer chains than 1inch

Bottom line

Pick Odos for complex multi-token swaps; pick CoW Swap for large trades + mev protection.