Swell
Swell Network is a permissionless, non-custodial, and liquid ETH staking protocol that is built for stakers, node operators, and the Ethereum ecosystem. A community-driven and open-source protocol backed by the industry's leading funds and angels.
Overview
Swell Network is a permissionless, non-custodial, and liquid ETH staking protocol that is built for stakers, node operators, and the Ethereum ecosystem. A community-driven and open-source protocol backed by the industry's leading funds and angels.
- Sector
- # Other
- Ecosystem
- —
Team
Team information has not been disclosed.
Funding history
1 disclosed rounds- Seed
3,750,000 USD
Related news
Market updates
Ethereum LRT protocols are reportedly seeking business transformation
A PANews channel reposted an article stating that liquid restaking protocols including ether.fi, Kelp, Renzo, and Swell are exploring new business directions due to yield pressure. The article provides no official announcements or specific progress updates regarding the transformation of each protocol.
Report: ether.fi plans to exit its core restaking business by year-end
CoinDesk reported that ether.fi is gradually exiting its core restaking business and plans to shift toward a crypto “neobank” model; during the same period, overall fees and profits for restaking protocols declined significantly.
People updates
No related people updates.