Swell Network lets you restake ETH and earn compounding rewards with rswETH — the leading liquid restaking token.
What is Swell Network and how does it work?
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Swell Network is a non-custodial liquid restaking protocol on Ethereum. Users deposit ETH into Swell Network and receive rswETH — a liquid restaking token that accrues both Ethereum staking rewards and EigenLayer restaking rewards automatically. Your rswETH grows in value over time, and you can use it freely across DeFi while your ETH keeps earning.
What makes Swell Network different from other staking protocols?
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Unlike standard liquid staking, Swell Network combines Ethereum validator rewards with EigenLayer restaking rewards in a single token — rswETH. Swell Network also powers the Swell L2 ecosystem, offering additional yield opportunities and DeFi integrations unavailable on conventional staking platforms.
How does Swell Network keep user funds secure?
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Swell Network smart contracts have been audited by multiple leading security firms. The protocol uses a non-custodial design — users always retain control of their rswETH. A commission rate of 10% applies to staking rewards, and Swell Network continuously monitors validators to minimize slashing risk.
What is the rswETH exchange rate on Swell Network?
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The rswETH exchange rate reflects the accumulated staking and restaking rewards on Swell Network. As rewards are earned, 1 rswETH becomes worth more ETH over time. The current rate is approximately 1 rswETH = 1.0686 ETH. This rate is updated continuously on-chain by the Swell Network protocol.
How do I unstake ETH from Swell Network?
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To unstake ETH from Swell Network, connect your wallet and use the unstake function on the Swell Network app. You can also swap rswETH for ETH on supported DEXs for instant liquidity. The native withdrawal process follows Ethereum's validator exit queue timing.