What Swell Ethereum is
Swell Ethereum (SWETH) is a liquid-staking / restaking derivative token, currently ranked 501st by market capitalization among the assets we track. Rather than locking assets to stake, holders of Swell Ethereum hold a liquid claim on a staked position. That claim earns yield and can be redeployed, which is why liquid-staking tokens became DeFi collateral staples.
Swell Ethereum (SWETH) is a staking token from Swell Network that represents staked ETH and carries staking rewards. It allows users to earn rewards while maintaining liquidity in the Ethereum ecosystem.
How the yield and peg work
Holding Swell Ethereum is holding staking yield in liquid form. The main risks are the staking provider's smart contracts and any divergence between the token's market price and the redeemable value of the stake.
Where Swell Ethereum sits in the market
With SWETH near $1,774, Swell Ethereum carries a market capitalization of $28.00M. Around $323.15K changes hands across exchanges in a typical 24-hour window. That is a turnover of about 1.15% of the float — on the quieter side, which can mean thinner liquidity for large orders.
Swell Ethereum carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. The token is roughly -67% under its record of $5,351 — a meaningful but not catastrophic drawdown.
What the price history shows
The tape currently reads 24-hour +0.33%, 7-day -4.48%.
Volatility profile
Recent action puts Swell Ethereum in the Low-volatility band — it has been relatively stable, with moves typical of large-cap, mature assets.
How to evaluate a liquid-staking token like Swell Ethereum
The honest checklist for SWETH is short:
- Peg to underlying — whether SWETH trades close to the value of the stake it represents.
- Provider risk — the smart-contract and validator risk of the staking protocol behind SWETH.
- Yield and unlocks — the staking yield and how withdrawal queues behave under stress.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
