What is swETH?
swETH is Swell Network's liquid staking token representing ETH staked through Swell validators. SwETH offers competitive staking yields plus additional rewards through Swell's integration with restaking protocols like EigenLayer.
Key Statistics
| Metric | Value |
|---|---|
| . . . . | . . . - |
| Market Cap | $500M+ |
| ETH Staked | 180,000+ ETH |
| Base APY | ~4% |
| Primary Chain | Ethereum |
How swETH Works
Liquid Staking: Deposit ETH to receive swETH representing your staked position. Value Appreciation: swETH increases in value as staking rewards accumulate. Restaking Ready: swETH can be restaked on EigenLayer for additional yields.Yield Opportunities with swETH
Base Staking Yield: Hold swETH to earn ~4% APY from ETH staking. Restaking: Deposit swETH to EigenLayer for restaking rewards + points. DeFi Strategies: Use swETH in lending and LP positions. Swell Points: Earn Swell ecosystem points for potential airdrops.Risk Considerations
Smart Contract Risk: Swell protocol contracts could have vulnerabilities. Validator Risk: Slashing could affect swETH value. Restaking Risks: Additional smart contract layers in restaking.Frequently Asked Questions
What makes swETH different?swETH is designed for restaking integration, offering base staking plus restaking yields.
How do I stake ETH for swETH?Deposit ETH on Swell Network to receive swETH.