Frequently asked questions
What is Cove Protocol?
Cove is the first onchain portfolio manager. Traditional AMMs are not well suited for portfolio or index construction because they suffer from loss-versus-rebalancing (LVR). This is because of toxic order flow: all trades execute at worse-than-market prices. Cove proposes an innovative new approach that eliminates LVR and earns more for liquidity providers. Cove is optimized by Gauntlet and audited by Trail of Bits, Quantstamp, and yAudit
What chain is Cove Protocol on?
Cove Protocol is on Ethereum.
What is the TokenGems score of Cove Protocol?
The TokenGems score of Cove Protocol is 0. A 0–100 quality rating computed from price performance, holder distribution, trading volume, and community activity.