We’re pleased to announce that we have onboarded Copium Capital (@copiumnicus) as an advisor to Common.
Copium Capital is the most successful solver on CoW Protocol. The protocol operates with Solvers as entities that look for the best ways to fill orders using both on-chain and off-chain liquidity. Solvers compete to settle batches of orders, and the one that can provide the most value to traders by finding the best liquidity sources and efficient execution is chosen to settle the batch.
Copium Capital has a strong track record of providing the most efficient order execution. To date, they have facilitated 18.9% of all volume and settled over $3b of user orders on CoW, the most for a single Solver.
What we’re working on?
Common utilizes private intents as an alternative to direct and instantly executed market orders, which you can see on Uniswap or SushiSwap.
Intents are signed “intent to trade” messages that specify the assets and amounts the user wants to trade. The signed intent allows solvers to execute the trade on behalf of the user using the specified parameters.
We’re implementing this mechanism in Common with the added privacy layer to keep the intents private for as long as viable, to minimize the potential price impact on orders and as a consequence–to make trading on Common more efficient.
We’ll now collaborate with Copium Capital on further research of private intents, which will become one of the key parts of Common’s Private DeFi landscape. Their experience will be an invaluable asset in optimizing Common and providing the most efficient trading experience to our users.
