Did you hear? 👂 CoW Protocol made a seismic jump in how it conducts its batch auctions. ✨ Say hello to FCBAs. 👋 They're a pretty big deal. Let us explain. 🤔 🧵

FCBAs make things faster. Much faster. 🏃‍♀️ Instead of matching one order at a time, fair combinatorial batch auctions allow multiple trades to be matched simultaneously. That means faster trades, and lower fees. 🤑

Faster trades also mean fairer ones, too. While solvers can now submit bids for individual trades and bundles of trades, a bundled bid only gets accepted if it makes everyone involved better off. No sneaky wins for one trader at the expense of another. 👹

The result? 👀 FCBAs bring: - Greater price fairness - Lower execution costs - MEV free trading - Faster settlement Head to CoW Swap to take advantage. 👀 👆