Teller Adds CoW Swap Integration for In-App Trades
Teller has integrated the CoW Swap widget into the lending app interface. This update enables token swaps to take place directly within the Teller environment, eliminating the need to use external DEXs or bridges during the loan management process.
What Is CoW Swap?
CoW Swap is a decentralized trading protocol that leverages batch auctions and advanced order routing to secure the best possible prices while minimizing slippage and gas fees. By integrating CoW Swap, Teller users can access these benefits without needing to leave the app or use external exchanges.
Why This Integration Matters
1. Lower Fees & Better Pricing
CoW Swap’s batch auction model reduces gas costs and helps users avoid front-running and high slippage, meaning better trade execution and save money.
2. Effortless Token Swaps
Need to adjust collateral or repay loan in a different token? Instantly swap tokens within the Teller app itself, without juggling multiple platforms.
3. Simpler Loan Management
Keeping all lending and swapping actions under one roof means a cleaner, more intuitive workflow. The loan lifecycle becomes more direct and easier to manage.
How to Use the CoW Swap Widget on Teller
Connect any EVM wallet on https://app.teller.org/ethereum/swap or click on "Swap" on the upper right corner.
When managing collateral or repayments, use the integrated CoW Swap widget to select and swap tokens.
Confirm the swap and proceed, all in a few clicks.
What’s Next?
Teller is constantly working to bring new features and improvements to enhance DeFi lending journey. Stay tuned for more updates, and as always, feel free to share any feedback on Discord.
About Teller
Teller is a decentralized credit protocol designed for open, permissionless lending markets. The protocol supports undercollateralized and collateralized loan types by leveraging on-chain and off-chain data. By integrating innovative tools like CoW Swap, Teller is redefining how lending works in DeFi, making it accessible, efficient, and user-friendly.
👉For more information, visit teller.org.