Swell is an Ethereum Layer 2 network that uniquely integrates native restaking features by leveraging EigenLayer’s restaking mechanism and operates as a “restaked rollup.” Architecturally, it combines the OP Stack or Polygon CDK with AltLayer’s AVS (Actively Validated Services) stack and uses EigenDA for decentralized data availability. Swell’s canonical gas token is rswETH, a liquid restaking token that accrues yield from both staking and restaking. Users bridge or restake ETH to receive rswETH, which can be used for transactions and DeFi activities on Swell, deepening pooled security and network effects for the entire ecosystem.
Is Swell a secure platform?
Swell inherits security from Ethereum and enhances it through EigenLayer’s restaking and decentralized validation. The protocol uses AVS for decentralized verification and fast finality, and EigenDA for secure data availability. Swell is non-custodial, with user assets controlled via smart contracts, and regularly undergoes security audits and bug bounties. This layered approach ensures robust economic and technical security, minimizing risks of centralization and fraud.
How to use Swell?
Users connect an EVM-compatible wallet, bridge ETH or liquid restaking tokens (like rswETH) to Swell, and automatically start earning native yield. rswETH serves as both a yield-bearing asset and the gas token for transactions. Developers can deploy EVM-compatible smart contracts, and users can access DeFi, staking, and restaking opportunities directly within the Swell ecosystem. The platform also supports one-click leveraged restaking and seamless integration with DeFi protocols.
What services does Swell offer?
Swell provides liquid staking and restaking, native yield on Layer 2, decentralized sequencing and verification, low-cost and fast transactions, and a robust DeFi ecosystem. The network features a unique value accrual flywheel: more rswETH staked increases EigenLayer’s security, which attracts more developers and AVS, further enhancing yield and ecosystem growth. Swell also offers tools for leveraged restaking, modular oracles, and seamless DeFi integrations, positioning it as a leader in restaking-focused Ethereum L2 solutions.
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