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CoWGlossary#: Settlement ๐ฎ
Settlement is what actually happens when a trade executes on-chain - tokens move from one wallet to another, permanently recorded on the blockchain.
On CoW Protocol, settlement happens in batches. Multiple orders are grouped, matched where possible, and settled together in a single on-chain transaction.
The result: fewer transactions, lower gas overhead, and the potential for better prices across everyone in the batch. ๐ช