About Swell Network

Restaking the Future of Ethereum

Swell Network is the world's leading liquid restaking protocol — delivering the best restaking experience, simplifying DeFi access, and securing the future of Ethereum through rswETH.

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11,943+
ETH Restaked
39,087+
Restakers
2.45%
rswETH APR
$33M+
rswETH Market Cap
Our Mission

Delivering the World's Best Liquid Restaking Experience

Swell Network was founded with a clear mission: to make liquid restaking accessible to everyone. By abstracting the complexity of EigenLayer and Ethereum's restaking ecosystem, Swell Network allows anyone to participate in securing the decentralized future while earning meaningful yields.

We believe that restaking is the next major primitive in Ethereum's evolution. Swell Network sits at the frontier of this transformation, empowering users to earn stacking rewards from both Ethereum consensus and actively validated services (AVSs) — all through a single, seamless token: rswETH.

Our protocol is built to be non-custodial, transparent, and secure. Every ETH deposited into Swell Network is put to work in the most capital-efficient manner, maximizing returns for restakers while contributing to Ethereum's decentralization and security.

Core Values

What Swell Network Stands For

Security First
Every line of code in Swell Network is audited and battle-tested. We never compromise on the security of user funds. Multiple independent audits ensure the integrity of our smart contracts.
Full Transparency
All Swell Network contracts are open-source and verifiable on-chain. We publish real-time statistics on TVL, APR, restakers, and more — so users always know exactly what's happening with their ETH.
Maximum Efficiency
Capital efficiency is at the core of Swell Network. By routing deposits through EigenLayer's restaking infrastructure, every ETH simultaneously secures Ethereum's base layer and multiple AVSs, maximizing yield.
Community Driven
Swell Network is built for the community. Governance decisions, protocol upgrades, and fee structures are shaped by SWELL token holders who have a direct stake in the protocol's success and direction.
Non-Custodial
Users always retain full ownership of their assets. Swell Network operates as a permissionless, non-custodial protocol — meaning no single party can freeze, seize, or control your staked ETH.
Long-Term Vision
We are building for decades, not quarters. Swell Network's roadmap includes Swell L2, an Ethereum-native rollup, designed to create a seamless DeFi ecosystem powered by restaked ETH and the SWELL token.
How It Works

The Technology Behind Swell Network

Swell Network leverages EigenLayer's restaking primitive to create rswETH — a liquid restaking token that continuously accrues value while remaining freely usable across the DeFi ecosystem.

When you deposit ETH into Swell Network, you receive rswETH in return. This token represents your share of the restaking pool and automatically appreciates as the protocol earns restaking rewards from EigenLayer's actively validated services.

01

Deposit ETH

Users deposit ETH into the Swell Network smart contract. The protocol pools deposits and delegates them to professionally managed node operators.

02

Receive rswETH

In return, users receive rswETH — a yield-bearing liquid token. The exchange rate of rswETH to ETH increases over time as restaking rewards accumulate in the pool.

03

Earn via EigenLayer

Deposited ETH is restaked through EigenLayer, securing multiple AVSs and earning additional rewards on top of native Ethereum staking yields.

04

Use in DeFi

rswETH remains fully liquid and composable. Use it as collateral, provide liquidity, or deploy it across the Swell L2 ecosystem to stack additional rewards.

Protocol Tokens

The Swell Network Token Ecosystem

rswETH
Liquid Restaking Token
rswETH is Swell Network's core liquid restaking token. When you deposit ETH into Swell Network, you receive rswETH — a yield-bearing token that represents your restaked position.
Auto-compounding restaking rewards
Fully composable across DeFi
Exchange rate: 1 rswETH = 1.0686 ETH
Current APR: 2.45%
Non-custodial and permissionless
SWELL
Governance Token
SWELL is the native governance and utility token of the Swell Network ecosystem. SWELL holders participate in protocol governance, fee distribution, and ecosystem incentives.
Protocol governance voting rights
Fee revenue sharing
Swell L2 network utility
Ecosystem incentive programs
Long-term alignment incentives
Protocol Overview

Built for the Ethereum Ecosystem

EigenLayer Integration
Swell Network is natively integrated with EigenLayer, the leading restaking protocol on Ethereum. This allows rswETH holders to earn rewards from AVSs in addition to standard ETH staking yields — all automatically.
Swell L2 Network
The Swell Network L2 is an Ethereum-native rollup designed to be the home of restaked ETH in DeFi. Powered by rswETH and SWELL, it creates a high-performance environment for advanced DeFi strategies.
Smart Contract Security
Swell Network's smart contracts have undergone multiple rigorous security audits from leading blockchain security firms. Our rswETH contract (v1.0) and deposit manager are fully verified on Ethereum mainnet.
Fee Flow System
The Swell Network Fee Flow mechanism distributes protocol revenue to SWELL token holders and ecosystem participants. A 10% commission rate on staking rewards sustains protocol operations and development.
Node Operator Network
Swell Network partners with a decentralized network of professional node operators who manage validator infrastructure. This ensures high availability, optimal performance, and risk distribution across the protocol.
Open Governance
The Swell Network protocol is transitioning to full decentralized governance. SWELL token holders vote on key protocol parameters, new AVS integrations, and ecosystem fund allocation through on-chain governance.

Ready to Start Restaking with Swell Network?

Join over 39,000 restakers who are already earning enhanced yields while contributing to Ethereum's security. Get started with as little as 0.01 ETH.

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