Swell Ethereum Logo

Swell Ethereum SWETH

Swell Ethereum header image

1. Summary

Ranks

Liquidity
95
Developer
-
Social
66
Momentum (beta)
62
Stack Rankā„¢
-
Price
$3,562.18 -3.9%
Market Cap
$587.49M (#112)
Supply
204,515.00 / 204,517.00
Price
52W High price $4,259.10
52W High date 12th Mar 2024 (3 months ago)
All Time High (ATH) Date 12th Mar 2024 (3 months ago)
ATH Price $4,273.24
% From ATH -27.07%
All Time Low (ATL) Date 12th Oct 2023 (8 months ago)
ATL Price $1,535.26
% From ATL 102.99%
Supply & Trading Volume
Trading Volume (24h) $1.40M
Total Supply 204,517.00
Circulating Supply 204,515.00
Description

Swell Ethereum (SWETH) is an ERC20 token representing a user's staked ETH on Ethereum. It includes any rewards, penalties, MEV, and tips from the consensus and execution layers. The token's intrinsic value can grow due to on-chain rewards, but its number remains constant. The Swell team operates a bot to reprice swETH's internal exchange rate daily...

Swell Ethereum (SWETH) is an ERC20 token representing a user's staked ETH on Ethereum. It includes any rewards, penalties, MEV, and tips from the consensus and execution layers. The token's intrinsic value can grow due to on-chain rewards, but its number remains constant. The Swell team operates a bot to reprice swETH's internal exchange rate daily, which is constrained by parameters on frequency and magnitude of updates. The repricing also uses Chainlink proof-of-reserve to verify the daily system ETH balance on the consensus layer.

Deposit Manager

The Deposit Manager contract manages the depositing of ETH. Users can deposit ETH and receive swETH in return. The deposited ETH is directed to the appropriate destination within the protocol.

Node Operator Registry

The Node Operator Registry contract manages the selection of validators. Validators are pooled until a minimum of 32 ETH is reached, and then the next validator(s) from the registry contract are chosen using a systematic selection process. A deposit is initiated into the Ethereum deposit contract using the selected validator key(s).

Access Control Manager

The Access Control Manager contract manages access control within the protocol. It handles roles, permissions, and provides mechanisms to pause certain functionalities. Key functions include initializing parameters, withdrawing ERC20 tokens, setting system addresses, and pausing or resuming operations.

Governance

The system is currently governed by a multisig, with plans to transfer control to a Swell DAO through the "voyage" in early 2024.

Swell Network

The Swell Network aims to deliver a liquid restaking experience, simplifying access to DeFi and securing the future of Ethereum. It involves restaking ETH to earn rewards, receiving liquid staking tokens like swETH, and earning additional yield in DeFi.

2. Price

SWETH

2.1. Market Performance

How does Swell Ethereum's (SWETH) performance compare to the median performance for assets of a similar market capitalization?

30 Day Return

-23.0%

SWETH

-13.1%

Similar Market Cap

60 Day Return

15.9%

SWETH

-15.4%

Similar Market Cap

3. Developer Activity

We're monitoring 10 Swell Ethereum GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.

Weekly Commits (All Swell Ethereum Repos)

Commits vs. The Market

  • Past 4 weeks: 0 commits vs. an average of 1
  • Past 12 weeks: 0 commits vs. an average of 8
  • Past year: 0 commits vs. an average of 138

Most Active Repos

Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year
Past week
Past 12 weeks
Past year

Top Developers 2024

In total, 0 developers have contributed to Swell Ethereum over the past year. Who are the most active Swell Ethereum developers, by commits, over the past year?

Related Projects

Developers working on Swell Ethereum also worked on these projects.

4. Social Activity

Tip: Toggle each network by clicking the name above

Historic data is only available from 22nd April 2022

Total Followers

Reddit Subscribers 89
Active Reddit Users (past 24h) 5
Discord users 266
Active Discord Users 7
Telegram Users
Twitter followers 66,536
5. News
7. More Information

Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:

Website https://www.swellnetwork.io/
Explorer https://etherscan.io/token/0xf951e335afb289353dc24...
Twitter @swellnetworkio
reddit /r/SwellNetwork
Forum https://forum.swellnetwork.io/

What is the correct contract address for Swell Ethereum?

Ethereum 0xf951e335afb289353dc249e82926178eac7ded78
Arbitrum-one 0xbc011a12da28e8f0f528d9ee5e7039e22f91cf18

Has Swell Ethereum been audited for security?

No security audits found for this project.

Are you the owner of Swell Ethereum? Edit it here

Subscribe for free

Investment alerts and insights directly in your inbox.

By continuing, you agree to the Stack Terms of Service and Privacy Policy.