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OpenOcean vs CoW Swap

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

OpenOceanCoW Swap
CategoryDEX aggregatorDEX aggregator
TypeFull-chain routerBatch auction
How it worksAggregates the widest set of DEXes across the most chains (EVM + Solana + more) to find the best rate at the lowest cost, in one transaction.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.
Chains30+ (EVM + Solana + more)Ethereum, Gnosis, Arbitrum, Base
HighlightMost chains & DEXes aggregated~22% of ETH aggregator volume
Best forWidest chain & DEX coverageLarge trades + MEV protection

OpenOcean

  • Very broad chain + DEX coverage
  • One-stop for many networks
  • Limit orders + DCA
  • Routing depth trails CoW/1inch on big ETH trades
  • Brand less prominent in the West

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 OpenOcean for widest chain & dex coverage; pick CoW Swap for large trades + mev protection.