Swell Network liquid staking token with restaking rewards potential.
swETHDeFi token
On this page
Price$3,300
Market Cap$500M
CategoryDeFi token
Last UpdatedFeb 17, 2024
Available on
Ethereum
Yield opportunities
StakingRestaking
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
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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.
Compare swETH staking, lending, and liquidity rates.
Track live yields, compare protocols, and build your DeFi portfolio with Fensory.