{"id":295452,"date":"2024-12-17T07:55:27","date_gmt":"2024-12-16T22:55:27","guid":{"rendered":"https:\/\/www.singapore-startup.com\/?p=295452"},"modified":"2024-12-17T07:55:27","modified_gmt":"2024-12-16T22:55:27","slug":"cow-protocol%e5%be%b9%e5%ba%95%e8%a7%a3%e8%aa%ac%ef%bd%9c%e7%89%b9%e5%be%b4%e3%83%bb%e4%bb%95%e7%b5%84%e3%81%bf%e3%83%bbcow%e3%83%88%e3%83%bc%e3%82%af%e3%83%b3%e3%81%ae%e5%bd%b9%e5%89%b2","status":"publish","type":"post","link":"https:\/\/www.singapore-startup.com\/?p=295452","title":{"rendered":"CoW Protocol\u5fb9\u5e95\u89e3\u8aac\uff5c\u7279\u5fb4\u30fb\u4ed5\u7d44\u307f\u30fbCOW\u30c8\u30fc\u30af\u30f3\u306e\u5f79\u5272"},"content":{"rendered":"<div class=\"aafe36d7afa19a8010513acdd90193c0\" data-index=\"1\" style=\"float: none; margin:0px 0 0px 0; text-align:center;\">\n<center>Sponsored Link<\/center>\r\n<script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<!-- Article upper_singapore-startup.com -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-8303070969424899\"\r\n     data-ad-slot=\"5656608650\"\r\n     data-ad-format=\"rectangle\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\n<\/div>\n<h1>CoW Protocol\u306e\u6982\u8981\u3068\u305d\u306e\u512a\u4f4d\u6027<\/h1>\n<p>\u3000\u6697\u53f7\u8cc7\u7523\u306e\u53d6\u5f15\u306b\u304a\u3044\u3066\u3001\u30e6\u30fc\u30b6\u30fc\u306f\u3057\u3070\u3057\u3070\u9ad8\u3044\u624b\u6570\u6599\u3084\u53d6\u5f15\u306e\u9045\u5ef6\u3001\u3055\u3089\u306b\u306fMEV\uff08Maximal Extractable Value\uff09\u653b\u6483\u306b\u3088\u308b\u640d\u5931\u306a\u3069\u3001\u591a\u304f\u306e\u8ab2\u984c\u306b\u76f4\u9762\u3057\u3066\u3044\u307e\u3059\u3002\u3053\u308c\u3089\u306e\u554f\u984c\u306f\u3001\u53d6\u5f15\u30b3\u30b9\u30c8\u306e\u5897\u5927\u3084\u8cc7\u7523\u306e\u640d\u5931\u306b\u3064\u306a\u304c\u308a\u3001\u30e6\u30fc\u30b6\u30fc\u306e\u4fe1\u983c\u3092\u640d\u306a\u3046\u8981\u56e0\u3068\u306a\u3063\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>\u3000CoW Protocol\uff08COW\uff09\u306f\u3001\u3053\u308c\u3089\u306e\u8ab2\u984c\u3092\u89e3\u6c7a\u3059\u308b\u305f\u3081\u306b\u8a2d\u8a08\u3055\u308c\u305f\u30e1\u30bfDEX\u30a2\u30b0\u30ea\u30b2\u30fc\u30b7\u30e7\u30f3\u30d7\u30ed\u30c8\u30b3\u30eb\u3067\u3059\u3002\u30e6\u30fc\u30b6\u30fc\u306e\u53d6\u5f15\u610f\u56f3\u3092\u6d3b\u7528\u3057\u3001\u30d0\u30c3\u30c1\u30aa\u30fc\u30af\u30b7\u30e7\u30f3\u3092\u901a\u3058\u3066\u6700\u9069\u306a\u4fa1\u683c\u3092\u63d0\u4f9b\u3059\u308b\u3053\u3068\u3067\u3001\u53d6\u5f15\u30b3\u30b9\u30c8\u306e\u524a\u6e1b\u3084MEV\u653b\u6483\u304b\u3089\u306e\u4fdd\u8b77\u3092\u5b9f\u73fe\u3057\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h2>CoW Protocol\u306e\u7279\u5fb4\u3068\u6280\u8853\u7684\u4ed5\u7d44\u307f<\/h2>\n<h3>\u53d6\u5f15\u610f\u56f3\u3068\u30d0\u30c3\u30c1\u30aa\u30fc\u30af\u30b7\u30e7\u30f3<\/h3>\n<p>\u3000CoW Protocol\u306f\u3001\u30e6\u30fc\u30b6\u30fc\u304c\u7f72\u540d\u3057\u305f\u53d6\u5f15\u610f\u56f3\uff08\u30c8\u30ec\u30fc\u30c9\u30a4\u30f3\u30c6\u30f3\u30c8\uff09\u3092\u53d7\u3051\u53d6\u308a\u3001\u305d\u308c\u3089\u3092\u30d0\u30c3\u30c1\u30aa\u30fc\u30af\u30b7\u30e7\u30f3\u5f62\u5f0f\u3067\u51e6\u7406\u3057\u307e\u3059\u3002\u3053\u308c\u306b\u3088\u308a\u3001\u540c\u4e00\u306e\u53d6\u5f15\u30da\u30a2\u3092\u6301\u3064\u30e6\u30fc\u30b6\u30fc\u9593\u3067\u76f4\u63a5\u30de\u30c3\u30c1\u30f3\u30b0\uff08CoW: Coincidence of Wants\uff09\u3092\u884c\u3044\u3001\u30aa\u30f3\u30c1\u30a7\u30fc\u30f3\u306e\u6d41\u52d5\u6027\u3092\u4ecb\u3055\u305a\u306b\u53d6\u5f15\u3092\u5b8c\u4e86\u3055\u305b\u308b\u3053\u3068\u304c\u53ef\u80fd\u3067\u3059\u3002\u3053\u308c\u306b\u3088\u308a\u3001\u53d6\u5f15\u624b\u6570\u6599\u306e\u524a\u6e1b\u3084\u53d6\u5f15\u901f\u5ea6\u306e\u5411\u4e0a\u304c\u671f\u5f85\u3067\u304d\u307e\u3059\u3002<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h3>\u30bd\u30eb\u30d0\u30fc\u306e\u5f79\u5272<\/h3>\n<p>\u3000\u30d7\u30ed\u30c8\u30b3\u30eb\u5185\u3067\u306f\u3001\u300c\u30bd\u30eb\u30d0\u30fc\u300d\u3068\u547c\u3070\u308c\u308b\u7b2c\u4e09\u8005\u304c\u30e6\u30fc\u30b6\u30fc\u306e\u53d6\u5f15\u610f\u56f3\u306b\u5bfe\u3057\u3066\u6700\u9069\u306a\u5b9f\u884c\u30d1\u30b9\u3092\u898b\u3064\u3051\u51fa\u3057\u307e\u3059\u3002\u30bd\u30eb\u30d0\u30fc\u306f\u3001AMM\uff08\u81ea\u52d5\u30de\u30fc\u30b1\u30c3\u30c8\u30e1\u30fc\u30ab\u30fc\uff09\u3084\u4ed6\u306eDEX\u30a2\u30b0\u30ea\u30b2\u30fc\u30bf\u30fc\u3001\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30de\u30fc\u30b1\u30c3\u30c8\u30e1\u30fc\u30ab\u30fc\u306a\u3069\u3001\u591a\u69d8\u306a\u6d41\u52d5\u6027\u30bd\u30fc\u30b9\u3092\u6d3b\u7528\u3057\u3066\u3001\u30e6\u30fc\u30b6\u30fc\u306b\u6700\u9069\u306a\u4fa1\u683c\u3092\u63d0\u4f9b\u3057\u307e\u3059\u3002<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h3>MEV\u304b\u3089\u306e\u4fdd\u8b77<\/h3>\n<p>\u3000CoW Protocol\u306f\u3001\u30e6\u30fc\u30b6\u30fc\u306e\u53d6\u5f15\u3092MEV\u653b\u6483\u304b\u3089\u4fdd\u8b77\u3059\u308b\u305f\u3081\u306e\u30e1\u30ab\u30cb\u30ba\u30e0\u3092\u5099\u3048\u3066\u3044\u307e\u3059\u3002\u30d0\u30c3\u30c1\u30aa\u30fc\u30af\u30b7\u30e7\u30f3\u306b\u3088\u308b\u7d71\u4e00\u6e05\u7b97\u4fa1\u683c\u306e\u63a1\u7528\u3084\u3001\u30bd\u30eb\u30d0\u30fc\u306b\u3088\u308b\u53d6\u5f15\u306e\u59d4\u4efb\u5b9f\u884c\u3001\u305d\u3057\u3066\u30e6\u30fc\u30b6\u30fc\u9593\u306e\u76f4\u63a5\u30de\u30c3\u30c1\u30f3\u30b0\u306b\u3088\u308a\u3001\u30b5\u30f3\u30c9\u30a4\u30c3\u30c1\u653b\u6483\u306a\u3069\u306eMEV\u30ea\u30b9\u30af\u3092\u8efd\u6e1b\u3057\u307e\u3059\u3002<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h2>COW\u30c8\u30fc\u30af\u30f3\u306e\u5f79\u5272\u3068\u7d4c\u6e08\u30e2\u30c7\u30eb<\/h2>\n<p>\u3000COW\u30c8\u30fc\u30af\u30f3\u306f\u3001CoW Protocol\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u5185\u306e\u30ac\u30d0\u30ca\u30f3\u30b9\u30c8\u30fc\u30af\u30f3\u3068\u3057\u3066\u6a5f\u80fd\u3057\u307e\u3059\u3002\u30c8\u30fc\u30af\u30f3\u4fdd\u6709\u8005\u306f\u3001\u30d7\u30ed\u30c8\u30b3\u30eb\u306e\u958b\u767a\u3084\u9032\u5316\u306b\u95a2\u3059\u308b\u610f\u601d\u6c7a\u5b9a\u30d7\u30ed\u30bb\u30b9\u306b\u53c2\u52a0\u3059\u308b\u3053\u3068\u304c\u3067\u304d\u307e\u3059\u3002\u521d\u671f\u4f9b\u7d66\u91cf\u306f10\u5104COW\u3067\u3001\u4ee5\u4e0b\u306e\u3088\u3046\u306b\u914d\u5206\u3055\u308c\u3066\u3044\u307e\u3059\uff1a<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<ul>\n<li>CoW DAO\u30c8\u30ec\u30b8\u30e3\u30ea\u30fc\uff1a44.4%<\/li>\n<li>\u30c1\u30fc\u30e0\uff1a15%<\/li>\n<li>GnosisDAO\uff1a10%<\/li>\n<li>CoWmunity\u30a8\u30a2\u30c9\u30ed\u30c3\u30d7\uff1a10%<\/li>\n<li>CoWmunity\u6295\u8cc7\uff1a10%<\/li>\n<li>\u30a2\u30c9\u30d0\u30a4\u30b6\u30ea\u30fc\uff1a0.6%<\/li>\n<li>\u6295\u8cc7\u30e9\u30a6\u30f3\u30c9\uff1a10%<\/li>\n<\/ul>\n<p>\u3000\u3053\u308c\u3089\u306e\u914d\u5206\u306f\u3001\u30d7\u30ed\u30c8\u30b3\u30eb\u306e\u6301\u7d9a\u53ef\u80fd\u306a\u767a\u5c55\u3068\u30b3\u30df\u30e5\u30cb\u30c6\u30a3\u4e3b\u5c0e\u306e\u30ac\u30d0\u30ca\u30f3\u30b9\u3092\u4fc3\u9032\u3059\u308b\u3053\u3068\u3092\u76ee\u7684\u3068\u3057\u3066\u3044\u307e\u3059\u3002\u307e\u305f\u3001\u30a4\u30f3\u30d5\u30ec\u7387\u306f\u5e74\u73873%\u3092\u4e0a\u9650\u3068\u3057\u3066\u8a2d\u5b9a\u3055\u308c\u3066\u304a\u308a\u3001\u614e\u91cd\u306a\u30c8\u30fc\u30af\u30f3\u4f9b\u7d66\u306e\u5897\u52a0\u304c\u8a08\u753b\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h2>CoW Protocol\u306e\u30e1\u30ea\u30c3\u30c8\u3068\u30ea\u30b9\u30af<\/h2>\n<h3>\u30e1\u30ea\u30c3\u30c8<\/h3>\n<ul>\n<li><strong>\u53d6\u5f15\u30b3\u30b9\u30c8\u306e\u524a\u6e1b<\/strong>\uff1a\u30e6\u30fc\u30b6\u30fc\u9593\u306e\u76f4\u63a5\u30de\u30c3\u30c1\u30f3\u30b0\u3084\u6700\u9069\u306a\u6d41\u52d5\u6027\u30bd\u30fc\u30b9\u306e\u6d3b\u7528\u306b\u3088\u308a\u3001\u624b\u6570\u6599\u3092\u524a\u6e1b\u3057\u307e\u3059\u3002<\/li>\n<li><strong>MEV\u304b\u3089\u306e\u4fdd\u8b77<\/strong>\uff1a\u72ec\u81ea\u306e\u53d6\u5f15\u30e2\u30c7\u30eb\u306b\u3088\u308a\u3001\u30e6\u30fc\u30b6\u30fc\u3092MEV\u653b\u6483\u304b\u3089\u5b88\u308a\u307e\u3059\u3002<\/li>\n<li><strong>\u591a\u69d8\u306a\u53d6\u5f15\u30aa\u30d7\u30b7\u30e7\u30f3<\/strong>\uff1a\u6210\u884c\u6ce8\u6587\u3084\u6307\u5024\u6ce8\u6587\u3001TWAP\u306a\u3069\u3001\u3055\u307e\u3056\u307e\u306a\u6ce8\u6587\u30bf\u30a4\u30d7\u3092\u30b5\u30dd\u30fc\u30c8\u3057\u3066\u3044\u307e\u3059\u3002<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h3>\u30ea\u30b9\u30af<\/h3>\n<ul>\n<li><strong>\u6280\u8853\u7684\u8907\u96d1\u3055<\/strong>\uff1a\u30d7\u30ed\u30c8\u30b3\u30eb\u306e\u4ed5\u7d44\u307f\u3092\u5341\u5206\u306b\u7406\u89e3\u3057\u3066\u3044\u306a\u3044\u30e6\u30fc\u30b6\u30fc\u306b\u3068\u3063\u3066\u3001\u5229\u7528\u304c\u96e3\u3057\u3044\u5834\u5408\u304c\u3042\u308a\u307e\u3059\u3002<\/li>\n<li><strong>\u5e02\u5834\u7af6\u4e89<\/strong>\uff1a\u4ed6\u306eDEX\u30a2\u30b0\u30ea\u30b2\u30fc\u30bf\u30fc\u3084\u30d7\u30ed\u30c8\u30b3\u30eb\u3068\u306e\u7af6\u4e89\u304c\u6fc0\u5316\u3059\u308b\u53ef\u80fd\u6027\u304c\u3042\u308a\u307e\u3059\u3002<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h2>\u30bb\u30ad\u30e5\u30ea\u30c6\u30a3\u3068\u4fe1\u983c\u6027<\/h2>\n<p>\u3000CoW Protocol\u306f\u3001\u30e6\u30fc\u30b6\u30fc\u306e\u8cc7\u7523\u3092\u4fdd\u8b77\u3059\u308b\u305f\u3081\u306b\u3001\u30b9\u30de\u30fc\u30c8\u30b3\u30f3\u30c8\u30e9\u30af\u30c8\u306e\u76e3\u67fb\u3084\u30d0\u30b0\u30d0\u30a6\u30f3\u30c6\u30a3\u30d7\u30ed\u30b0\u30e9\u30e0\u3092\u5b9f\u65bd\u3057\u3066\u3044\u307e\u3059\u3002\u307e\u305f\u3001\u30b3\u30df\u30e5\u30cb\u30c6\u30a3\u4e3b\u5c0e\u306e\u30ac\u30d0\u30ca\u30f3\u30b9\u306b\u3088\u308a\u3001\u900f\u660e\u6027\u3068\u4fe1\u983c\u6027\u306e\u5411\u4e0a\u3092\u56f3\u3063\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h2>\u6697\u53f7\u8cc7\u7523\u5e02\u5834\u306b\u304a\u3051\u308bCoW Protocol\u306e\u4f4d\u7f6e\u3065\u3051<\/h2>\n<p>\u3000CoW Protocol\u306f\u3001\u72ec\u81ea\u306e\u53d6\u5f15\u30e2\u30c7\u30eb\u3068MEV\u4fdd\u8b77\u6a5f\u80fd\u306b\u3088\u308a\u3001\u4ed6\u306eDeFi\u30d7\u30ed\u30c8\u30b3\u30eb\u3068\u5dee\u5225\u5316\u3055\u308c\u3066\u3044\u307e\u3059\u3002\u7279\u306b\u3001\u30e6\u30fc\u30b6\u30fc\u30a8\u30af\u30b9\u30da\u30ea\u30a8\u30f3\u30b9\u3068\u5b89\u5168\u6027\u306e\u5411\u4e0a\u3092\u91cd\u8996\u3057\u3066\u304a\u308a\u3001\u3053\u308c\u304c\u7af6\u5408\u30d7\u30ed\u30b8\u30a7\u30af\u30c8\u3068\u306e\u5dee\u5225\u5316\u8981\u56e0\u3068\u306a\u3063\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h2>\u958b\u767a\u72b6\u6cc1\u3068\u4eca\u5f8c\u306e\u30ed\u30fc\u30c9\u30de\u30c3\u30d7<\/h2>\n<p>\u30002024\u5e7412\u6708\u73fe\u5728\u3001CoW Protocol\u306f\u7d99\u7d9a\u7684\u306a\u958b\u767a\u3068\u6a5f\u80fd\u62e1\u5f35\u304c\u9032\u884c\u4e2d\u3067\u3059\u3002\u6700\u65b0\u306e\u30a2\u30c3\u30d7\u30c7\u30fc\u30c8\u3084\u4eca\u5f8c\u306e\u8a08\u753b\u306b\u3064\u3044\u3066\u306f\u3001\u516c\u5f0f\u30c9\u30ad\u30e5\u30e1\u30f3\u30c8\u3084\u30b3\u30df\u30e5\u30cb\u30c6\u30a3\u30d5\u30a9\u30fc\u30e9\u30e0\u3067\u968f\u6642\u516c\u958b\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h2>CoW Protocol\u306e\u30e6\u30fc\u30b9\u30b1\u30fc\u30b9\u3068\u89e3\u6c7a\u3059\u308b\u8ab2\u984c<\/h2>\n<h3><strong>1. \u4f4e\u30b3\u30b9\u30c8\u3067\u52b9\u7387\u7684\u306a\u53d6\u5f15\u306e\u5b9f\u73fe<\/strong><\/h3>\n<p>\u3000CoW Protocol\u306e\u6700\u5927\u306e\u7279\u5fb4\u306e\u4e00\u3064\u306f\u3001\u30e6\u30fc\u30b6\u30fc\u540c\u58eb\u306e<strong>\u76f4\u63a5\u30de\u30c3\u30c1\u30f3\u30b0<\/strong>\uff08Coincidence of Wants\uff09\u3092\u901a\u3058\u3066\u3001<strong>\u53d6\u5f15\u624b\u6570\u6599\u306e\u5927\u5e45\u524a\u6e1b<\/strong>\u3092\u5b9f\u73fe\u3059\u308b\u70b9\u3067\u3059\u3002\u4f8b\u3048\u3070\u3001\u30e6\u30fc\u30b6\u30fcA\u304cETH\u3092USDC\u306b\u4ea4\u63db\u3057\u305f\u3044\u5834\u5408\u3001\u5225\u306e\u30e6\u30fc\u30b6\u30fcB\u304cUSDC\u3092ETH\u306b\u4ea4\u63db\u3057\u305f\u3044\u3068\u3044\u3046\u610f\u56f3\u3092\u6301\u3063\u3066\u3044\u308c\u3070\u3001\u76f4\u63a5\u53d6\u5f15\u304c\u6210\u7acb\u3057\u307e\u3059\u3002\u3053\u306e\u30d7\u30ed\u30bb\u30b9\u306b\u3088\u308a\u3001<strong>AMM\uff08\u81ea\u52d5\u30de\u30fc\u30b1\u30c3\u30c8\u30e1\u30fc\u30ab\u30fc\uff09\u3092\u7d4c\u7531\u3059\u308b\u624b\u6570\u6599<\/strong>\u304c\u767a\u751f\u3057\u307e\u305b\u3093\u3002<\/p>\n<p>\u3000\u3055\u3089\u306b\u3001\u53d6\u5f15\u306f\u30d0\u30c3\u30c1\u30aa\u30fc\u30af\u30b7\u30e7\u30f3\u3092\u901a\u3058\u3066\u4e00\u62ec\u3067\u51e6\u7406\u3055\u308c\u308b\u305f\u3081\u3001\u30ac\u30b9\u8cbb\u7528\u304c\u5206\u6563\u3055\u308c\u3001\u53d6\u5f15\u30b3\u30b9\u30c8\u306e\u4f4e\u6e1b\u306b\u3064\u306a\u304c\u308a\u307e\u3059\u3002\u3053\u308c\u306f\u3001\u30ac\u30b9\u4ee3\u304c\u9ad8\u9a30\u3059\u308b\u30a4\u30fc\u30b5\u30ea\u30a2\u30e0\u30cd\u30c3\u30c8\u30ef\u30fc\u30af\u306b\u304a\u3044\u3066\u7279\u306b\u52b9\u679c\u7684\u3067\u3059\u3002<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h3><strong>2. MEV\uff08\u6700\u5927\u62bd\u51fa\u53ef\u80fd\u4fa1\u5024\uff09\u554f\u984c\u306e\u89e3\u6c7a<\/strong><\/h3>\n<p>\u3000DeFi\u53d6\u5f15\u306b\u304a\u3051\u308b<strong>MEV\uff08Maximal Extractable Value\uff09\u653b\u6483<\/strong>\u306f\u6df1\u523b\u306a\u8ab2\u984c\u3068\u306a\u3063\u3066\u3044\u307e\u3059\u3002\u3053\u308c\u306f\u3001\u30de\u30a4\u30ca\u30fc\u3084\u30d0\u30ea\u30c7\u30fc\u30bf\u30fc\u304c\u30c8\u30e9\u30f3\u30b6\u30af\u30b7\u30e7\u30f3\u3092\u4e26\u3079\u66ff\u3048\u308b\u3053\u3068\u3067\u5229\u76ca\u3092\u5f97\u308b\u624b\u6cd5\u3067\u3059\u3002\u4ee3\u8868\u7684\u306a\u3082\u306e\u306b\u306f\u300c\u30b5\u30f3\u30c9\u30a4\u30c3\u30c1\u653b\u6483\u300d\u304c\u3042\u308a\u3001\u30e6\u30fc\u30b6\u30fc\u304c\u4e0d\u5229\u306a\u4fa1\u683c\u3067\u53d6\u5f15\u3092\u5f37\u5236\u3055\u308c\u308b\u30b1\u30fc\u30b9\u304c\u591a\u304f\u5b58\u5728\u3057\u307e\u3059\u3002<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>\u3000CoW Protocol\u306f\u3001\u4ee5\u4e0b\u306e\u30e1\u30ab\u30cb\u30ba\u30e0\u3067MEV\u554f\u984c\u3092\u89e3\u6c7a\u3057\u307e\u3059\uff1a<\/p>\n<ul>\n<li><strong>\u30d0\u30c3\u30c1\u30aa\u30fc\u30af\u30b7\u30e7\u30f3<\/strong>\uff1a\u53d6\u5f15\u304c\u4e00\u62ec\u51e6\u7406\u3055\u308c\u308b\u305f\u3081\u3001\u5358\u4e00\u306e\u30c8\u30e9\u30f3\u30b6\u30af\u30b7\u30e7\u30f3\u9806\u5e8f\u306b\u3088\u308b\u653b\u6483\u304c\u4e0d\u53ef\u80fd\u306b\u306a\u308a\u307e\u3059\u3002<\/li>\n<li><strong>\u53d6\u5f15\u610f\u56f3\u306e\u79d8\u533f\u6027<\/strong>\uff1a\u30bd\u30eb\u30d0\u30fc\u304c\u53d6\u5f15\u3092\u5b9f\u884c\u3059\u308b\u3053\u3068\u3067\u3001\u30aa\u30f3\u30c1\u30a7\u30fc\u30f3\u306b\u610f\u56f3\u304c\u660e\u793a\u3055\u308c\u308b\u524d\u306b\u6700\u9069\u5316\u304c\u5b8c\u4e86\u3057\u307e\u3059\u3002<\/li>\n<li><strong>\u76f4\u63a5\u30de\u30c3\u30c1\u30f3\u30b0<\/strong>\uff1a\u30e6\u30fc\u30b6\u30fc\u9593\u3067\u53d6\u5f15\u304c\u6210\u7acb\u3059\u308b\u5834\u5408\u3001\u5916\u90e8\u306e\u6d41\u52d5\u6027\u30d7\u30fc\u30eb\u3092\u4ecb\u3055\u306a\u3044\u305f\u3081\u3001\u30b5\u30f3\u30c9\u30a4\u30c3\u30c1\u653b\u6483\u306e\u5f71\u97ff\u3092\u53d7\u3051\u307e\u305b\u3093\u3002<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h3><strong>3. \u6d41\u52d5\u6027\u306e\u6700\u9069\u6d3b\u7528<\/strong><\/h3>\n<p>\u3000CoW Protocol\u306f<strong>\u30de\u30eb\u30c1\u6d41\u52d5\u6027\u30bd\u30fc\u30b9<\/strong>\u3092\u6d3b\u7528\u3059\u308b\u305f\u3081\u3001\u53d6\u5f15\u306e\u6700\u9069\u5316\u304c\u884c\u308f\u308c\u307e\u3059\u3002<\/p>\n<ul>\n<li><strong>AMM\uff08Uniswap\u3001SushiSwap\u306a\u3069\uff09<\/strong><\/li>\n<li><strong>DEX\u30a2\u30b0\u30ea\u30b2\u30fc\u30bf\u30fc<\/strong>\uff081inch\u3001Matcha\u306a\u3069\uff09<\/li>\n<li><strong>\u30d7\u30e9\u30a4\u30d9\u30fc\u30c8\u30de\u30fc\u30b1\u30c3\u30c8\u30e1\u30fc\u30ab\u30fc<\/strong><\/li>\n<\/ul>\n<p>\u3000\u3053\u308c\u306b\u3088\u308a\u3001\u30e6\u30fc\u30b6\u30fc\u306f<strong>\u5e02\u5834\u3067\u6700\u3082\u826f\u3044\u4fa1\u683c<\/strong>\u3067\u53d6\u5f15\u3092\u5b9f\u884c\u3067\u304d\u307e\u3059\u3002<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h3><strong>4. \u5b89\u5168\u6027\u3068\u4fe1\u983c\u6027<\/strong><\/h3>\n<p>\u3000CoW Protocol\u306f<strong>\u975e\u30ab\u30b9\u30c8\u30c7\u30a3\u30a2\u30eb\u8a2d\u8a08<\/strong>\u3092\u63a1\u7528\u3057\u3066\u3044\u308b\u305f\u3081\u3001\u30e6\u30fc\u30b6\u30fc\u8cc7\u7523\u306f\u30a6\u30a9\u30ec\u30c3\u30c8\u304b\u3089\u76f4\u63a5\u53d6\u5f15\u3055\u308c\u3001\u30d7\u30ed\u30c8\u30b3\u30eb\u304c\u8cc7\u7523\u3092\u4fdd\u7ba1\u3059\u308b\u3053\u3068\u306f\u3042\u308a\u307e\u305b\u3093\u3002<\/p>\n<ul>\n<li><strong>\u53d6\u5f15\u306f\u7f72\u540d\u4ed8\u304d\u610f\u56f3\uff08\u30aa\u30d5\u30c1\u30a7\u30fc\u30f3\uff09\u3067\u884c\u308f\u308c\u308b<\/strong>\u305f\u3081\u3001\u30aa\u30f3\u30c1\u30a7\u30fc\u30f3\u30b3\u30b9\u30c8\u304c\u524a\u6e1b\u3055\u308c\u3001\u30bb\u30ad\u30e5\u30ea\u30c6\u30a3\u30ea\u30b9\u30af\u3082\u8efd\u6e1b\u3057\u307e\u3059\u3002<\/li>\n<li>\u30bd\u30eb\u30d0\u30fc\u304c\u53d6\u5f15\u3092\u6700\u9069\u5316\u3059\u308b\u30b7\u30b9\u30c6\u30e0\u3067\u3059\u304c\u3001\u4e0d\u6b63\u3092\u9632\u3050\u305f\u3081\u306e\u300c\u30bd\u30eb\u30d0\u30fc\u30ec\u30d3\u30e5\u30fc\u5236\u5ea6\u300d\u3082\u5b58\u5728\u3057\u3001\u4fe1\u983c\u6027\u304c\u78ba\u4fdd\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/li>\n<\/ul>\n<p>\u3000CoW Protocol\u306e\u6280\u8853\u306b\u3064\u3044\u3066\u306e\u8a73\u7d30\u306f<a rel=\"noopener\" target=\"_new\"><span>\u516c\u5f0f<\/span><span>\u30c9\u30ad\u30e5\u30e1\u30f3\u30c8<\/span><\/a>\u3092\u3054\u53c2\u7167\u304f\u3060\u3055\u3044\u3002<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h3><strong>5. \u5177\u4f53\u7684\u306a\u5229\u7528\u4f8b<\/strong><\/h3>\n<h4><strong>\u500b\u4eba\u30e6\u30fc\u30b6\u30fc<\/strong><\/h4>\n<ul>\n<li><strong>\u9ad8\u984d\u306a\u30ac\u30b9\u4ee3\u3092\u907f\u3051\u305f\u3044<\/strong>\u30e6\u30fc\u30b6\u30fc<\/li>\n<li><strong>\u900f\u660e\u6027\u306e\u9ad8\u3044\u53d6\u5f15<\/strong>\u3092\u6c42\u3081\u308b\u30c8\u30ec\u30fc\u30c0\u30fc<\/li>\n<li><strong>MEV\u30ea\u30b9\u30af\u304b\u3089\u4fdd\u8b77\u3055\u308c\u305f\u74b0\u5883<\/strong>\u3067\u53d6\u5f15\u3057\u305f\u3044\u30e6\u30fc\u30b6\u30fc<\/li>\n<\/ul>\n<h4><strong>\u4f01\u696d\u30fb\u30d7\u30ed\u30b8\u30a7\u30af\u30c8<\/strong><\/h4>\n<ul>\n<li><strong>OTC\uff08\u76f8\u5bfe\u53d6\u5f15\uff09<\/strong>\u306e\u4ee3\u66ff\u624b\u6bb5\u3068\u3057\u3066\u3001\u30ac\u30b9\u8cbb\u7528\u3092\u6291\u3048\u305f\u76f4\u63a5\u30de\u30c3\u30c1\u30f3\u30b0\u304c\u53ef\u80fd<\/li>\n<li><strong>\u6d41\u52d5\u6027\u63d0\u4f9b\u8005<\/strong>\u306f\u30d7\u30ed\u30c8\u30b3\u30eb\u3092\u6d3b\u7528\u3057\u3066\u65b0\u3057\u3044\u53d6\u5f15\u6a5f\u4f1a\u3092\u63d0\u4f9b\u3057\u3001\u53ce\u76ca\u306e\u6700\u5927\u5316\u3092\u56f3\u308b<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<h3><strong>CoW Protocol\u304c\u89e3\u6c7a\u3059\u308b\u6697\u53f7\u8cc7\u7523\u306e\u8ab2\u984c<\/strong><\/h3>\n<ul>\n<li><strong>\u53d6\u5f15\u30b3\u30b9\u30c8\u306e\u524a\u6e1b<\/strong>\uff1a\u30ac\u30b9\u4ee3\u3084\u30b9\u30ea\u30c3\u30da\u30fc\u30b8\u3092\u6700\u5c0f\u9650\u306b\u6291\u3048\u308b<\/li>\n<li><strong>MEV\u653b\u6483\u306e\u30ea\u30b9\u30af\u4f4e\u6e1b<\/strong>\uff1a\u30e6\u30fc\u30b6\u30fc\u306e\u4e0d\u5229\u76ca\u3092\u9632\u6b62<\/li>\n<li><strong>\u6700\u9069\u306a\u53d6\u5f15\u4fa1\u683c\u306e\u63d0\u4f9b<\/strong>\uff1a\u8907\u6570\u306e\u6d41\u52d5\u6027\u30bd\u30fc\u30b9\u3092\u901a\u3058\u3066\u6700\u9ad8\u306e\u30ec\u30fc\u30c8\u3092\u5b9f\u73fe<\/li>\n<\/ul>\n<p>\u3000CoW Protocol\u306f\u3001<strong>DeFi\u30a8\u30b3\u30b7\u30b9\u30c6\u30e0\u5168\u4f53\u306e\u900f\u660e\u6027<\/strong>\u3068\u52b9\u7387\u6027\u3092\u5411\u4e0a\u3055\u305b\u308b\u30bd\u30ea\u30e5\u30fc\u30b7\u30e7\u30f3\u3068\u3057\u3066\u671f\u5f85\u3055\u308c\u3066\u3044\u307e\u3059\u3002<\/p>\n<!--CusAds0-->\n<div style=\"font-size: 0px; height: 0px; line-height: 0px; margin: 0; padding: 0; clear: both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>CoW Protocol\u306e\u6982\u8981\u3068\u305d\u306e\u512a\u4f4d\u6027 \u3000\u6697\u53f7\u8cc7\u7523\u306e\u53d6\u5f15\u306b\u304a\u3044\u3066\u3001\u30e6\u30fc\u30b6\u30fc\u306f\u3057\u3070\u3057\u3070\u9ad8\u3044\u624b\u6570\u6599\u3084\u53d6\u5f15\u306e\u9045\u5ef6\u3001\u3055\u3089\u306b\u306fMEV\uff08Maximal Extractable Value\uff09\u653b\u6483\u306b\u3088\u308b\u640d\u5931\u306a\u3069\u3001\u591a\u304f\u306e\u8ab2\u984c\u306b\u76f4\u9762\u3057\u3066&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-295452","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-1","7":"article cf"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.singapore-startup.com\/index.php?rest_route=\/wp\/v2\/posts\/295452","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.singapore-startup.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.singapore-startup.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.singapore-startup.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.singapore-startup.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=295452"}],"version-history":[{"count":1,"href":"https:\/\/www.singapore-startup.com\/index.php?rest_route=\/wp\/v2\/posts\/295452\/revisions"}],"predecessor-version":[{"id":295453,"href":"https:\/\/www.singapore-startup.com\/index.php?rest_route=\/wp\/v2\/posts\/295452\/revisions\/295453"}],"wp:attachment":[{"href":"https:\/\/www.singapore-startup.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=295452"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.singapore-startup.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=295452"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.singapore-startup.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=295452"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}