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Swell Ethereum

swETH

swETH is a decentralized and non-custodial liquid staking asset that allows users to earn rewards while retaining liquidity of their ETH value.

Risk Rating
Good
$4,932.44
-1.63%
What is Swell Ethereum?
Information
Blockchain
  • Ethereum
Key Metrics
  • Market Cap: $598.4M
  • Fully Diluted Valluation: $598.4M
  • FDV / MC: 1
  • Ranking inside Exponential (excluding stables): #31
  • Circulating Supply: 121,323
  • Total Supply: 121,326
  • Volume (24H): $716.6K
  • ATH: $5,370.20 (08/24/2025)
  • ATL: $1,516.13 (04/09/2025)
Risk Assessment
Good
Asset Strength

swETH is a low-cap, fully collateralized asset. This asset is exposed to the underlying risks of Swell, a protocol rated as Average.

Dependencies
Asset Tokenomics

swETH has an uncapped supply but has inflation control or burn mechanisms in place.

Things to know about swETH
swETH Pools
Swell ETH Staking
3.1%
Yield
$134M
TVL
Risk
A
Protocol
Swell
Chain
Ethereum
Merkl-EigenLayer ETH Lending
0%
Yield
$76M
TVL
Risk
B
Protocol
Merkl
Chain
Ethereum