CoW Protocol vs USDC — how do they compare? CoW Protocol trades at Rp2,488 (market cap Rp1,44T, Rp53,04M 24h volume), while USDC trades at Rp18,100 (market cap Rp1.322,58T, Rp145,31T 24h volume). The key difference: USDC is far larger — about 918.5× CoW Protocol's market cap, and CoW Protocol's supply is capped (578,4M / 1B COW (58%)) while USDC's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold CoW Protocol for 20 Days and USDC for 61 Days on average.
| COW | USDC | |
|---|---|---|
Market Cap | Rp1,44T | Rp1.322,58T |
Volume (24h) | Rp53,04M | Rp145,31T |
Circulating Supply | 578,4M / 1B COW (58%) | 73,3B USDC |
Typical Hold Time | 20 Days | 61 Days |
What Pluang investors did over the last 30 days
Latest headlines on both assets
CoW Protocol is an innovative decentralized finance (DeFi) platform operating on the Ethereum Mainnet. It aims to optimize trading outcomes for its users through a unique combination of strategies. At its core, the protocol employs batch auction mechanisms alongside peer-to-peer trades to secure the best possible trade prices. Additionally, it utilizes a fully permissionless structure, enabling seamless and inclusive participation for all users.
Read more on COW →USD Coin is a stablecoin that is pegged to the U.S. dollar on a 1:1 basis. The stablecoin was originally launched on a limited basis in September 2018. Put simply, USD Coin’s mantra is 'digital money for the digital age'— and the stablecoin is designed for a world where cashless transactions are becoming more common. USD Coin has aimed to stand head and shoulders over competitors in several ways. One of them concerns transparency and assurance that users will be able to withdraw 1 USDC and receive $1 in return without any issues.
Read more on USDC →