Swell Price, Live Chart & Market Cap

Swell: Next-Gen Liquid Staking and Restaking Protocol on Ethereum for Better Yields

Swell Overview

Swell provides liquid staking for Ethereum with swETH tokens. It also enables restaking for extra yield and manages a dedicated L2 chain. SWELL token holders govern protocol updates, ensuring a community-driven future. By simplifying staking and DeFi, Swell brings more users into secure crypto participation.

Swell: Next-Gen Liquid Staking & Restaking

Utility & Use Cases SWELL

Liquid Staking with swETH

Users stake ETH and get swETH, retaining liquidity and rewards. This opens flexible staking across DeFi apps.

Restaking for Added Yield

swETH can be restaked to earn extra profit, securing additional services and boosting overall rewards.

Community Governance

SWELL token holders vote on key decisions, shaping protocol policies, integrations, and reward allocation.

Swell Technologies Overview

Layer-2 Rollup

Swell runs its own OP-based chain for quick, low-fee transactions while anchored to Ethereum’s security.

Cost-Effective Design

Users save on gas fees by leveraging off-chain operations and bridging solutions for staking and trading.

Audited Smart Contracts

Independent firms review Swell’s contracts, safeguarding funds during liquid staking, farming, and restaking.

Funding

Swell raised $3.75 million in a 2022 seed round, opting for a community airdrop instead of a public ICO.

Roadmap

Liquid Restaking Expansion

Swell will add support for more assets, letting users earn higher yields through cross-chain restaking.

Swellchain Decentralization

Plans include opening the L2 sequencer to more validators and boosting protocol governance via SWELL.

Cross-Asset Integration

Expanding swBTC use and bridging other networks will help attract broader crypto participation.

Swell Security & Audit Reports

Swell engages top auditors like Sigma Prime to check smart contracts and L2 bridges. There have been no major exploits reported, ensuring strong security measures are in place.