Swell Network

Swell Network (SWELL) ranks #1383 by market capitalization, at $4.05M. It belongs to the DeFi sector (Restaking). It has traded since Nov 7, 2024, with $1.24M of volume in the last 24 hours. Its all-time high of $0.0688342 was reached on Nov 9, 2024; the current price is 99.1% below that peak. Its cycle low of $0.000560445 came on Aug 18, 2026.

52.2% of the maximum supply of 10.00B SWELL is in circulation. 13 investors are recorded as backers, including Polygon, Framework Ventures, IOSG Ventures. On Ethereum, 41,551 addresses hold SWELL.

Swell operates as a non-custodial staking protocol aimed at enhancing the liquid staking and restaking experience within the DeFi sector, focusing on Ethereum's security and expansion. It allows users to stake or restake ETH, earning passive income through blockchain and AVS rewards, and provides yield-bearing liquid tokens for further engagement in DeFi.

Swell Labs developed this protocol to enable Ethereum holders to generate yield through staking without locking up capital. Swell's goal is to foster a secure, decentralized, and transparent financial ecosystem, emphasizing economic inclusivity and starting with liquid staking as a core component of DeFi integrated with the Ethereum network.