Swell ETH (swETH)
by Swell — https://www.swellnetwork.io
Swell is a non-custodial liquid staking protocol with direct validator selection. swETH is a reward-bearing token. Uses RedStone oracle for DEX-based price discovery. Swell L2 launched with Proof of Restake using SWELL as native gas token.
Current Stats (Feb 27)
TVL
$36,331,083
Peg
-0.201%
APY (rolling averages)
2.75%
30d
30d
2.78%
60d
60d
2.84%
90d
90d
2.86%
1y
1y
Exchange Rate
1.116250
APY History
Peg Deviation
TVL Over Time
Exit Slippage Over Time
DEX Slippage by Trade Size
Exit Quote Details
| Trade Size | ETH Received | Slippage | Best Route |
|---|---|---|---|
| 1 ETH | 1.1123 ETH | 0.35% | Uni V3 |
| 10 ETH | 11.1188 ETH | 0.39% | Uni V3 |
| 100 ETH | 51.2766 ETH | 54.06% | Uni V3 |
| 1000 ETH | 51.2767 ETH | 95.41% | Uni V3 |
Token Attributes
| Type | Value-Accruing Price appreciates over time |
| Proof of Reserves |
Centralized
RedStone Oracle partnership with price discovery based on three most liquid DEXes (Balancer, Uniswap V3, Maverick). Liquidity monitoring service tracks deployed token amounts to mitigate manipulation. Multi-provider node infrastructure. |
| Yield Forwarding | No |
| Decentralization | Semi-Decentralized |
| Contract | 0xf951E335afb289353dc249e82926178EaC7DEd78 |
Fees & Withdrawals
| Performance Fee | 10.0% of staking rewards |
| Mint Fee | 0% |
| Redemption Fee | 0% |
| Withdrawal |
Queue + DEX
Primary market withdrawals at protocol rate via Barracuda upgrade. Secondary: instant swap on Balancer, Uniswap V3, Maverick at spot price. 10% fee on staking rewards. |
| Exit Slippage |
1 ETH: 0.35%
10: 0.39%
100: 54.1%
1000: 95.4%
Best route (100Ξ): Uniswap V3 |