Swell

Liquid Restaking for DeFi. swETH, rswETH, and Swellchain.

[Swell @swellnetworkio]

https://t.co/lVcBUAGHTQ

[Swell @swellnetworkio]

Final call: Swellchain will be closing permanently from Monday 15 June. Please withdraw your funds ahead of that date to avoid losing access to them.

[Swell @swellnetworkio]

https://t.co/lVcBUAGHTQ

[Swell @swellnetworkio]

Service restored. Swellchain is now fully operational.

Please be reminded that the chain will be closed down permanently from June 15th. All funds must be withdrawn before that day.

[Swell @swellnetworkio]

Swellchain status update

We're aware of an unplanned outage affecting Swellchain, caused by an issue with our hosting partner. We expect the downtime to last a few hours.

Funds are safe and we'll share further updates as soon as we can.

Thanks for your patience.

[Swell @swellnetworkio]

Swellchain status update

We're aware of an unplanned outage affecting Swellchain, caused by an issue with our hosting partner. We expect the downtime to last a few hours.

Funds are safe and we'll share further updates as soon as we can.

Thanks for your patience.

[Swell @swellnetworkio]

May burn update: 900M $SWELL has now been destroyed.

9% of total supply burned through regular fee flow auctions and the monthly 0.5% supply reduction program.

[Swell @swellnetworkio]

Two weeks left: All funds must be withdrawn from Swellchain before June 15th.

[Swell @swellnetworkio]

https://t.co/lVcBUAGHTQ

[RenzoAI @RenzoAI]

We are modifying bridge routes for ezETH based on usage to maintain the highest possible security standards. Bridging support for the following chains will be deprecated on June 20th, 2026:

Fully Deprecated:

Zircuit

Exit Only:

Blast, Swell, Taiko, Berachain, Sei

If you hold ezETH on these chains, please withdraw to Ethereum Mainnet before June 20th.

[Kelp @KelpDAO]

We are consolidating our supported networks to ensure the highest security standards for rsETH based on usage and integrations.

The following chains will no longer support rsETH bridging after June 15:

Optimism, Manta, Mode, Blast, Scroll, X Layer, zkSync, Zircuit, Swellchain, Hemi, Berachain, Sonic, HyperEVM, Unichain, TAC, Avalanche, Plasma Stable, MegaETH, Monad, Movement.

If you hold rsETH on any of these chains, you have until June 15 to bridge back to the Ethereum mainnet.

Post-deadline recovery is possible for a fee of 100 USDC per address. The exact process will be communicated closer to June 15.

[Swell @swellnetworkio]

Deposits to Swellchain are now closed.

All remaining funds on the chain must be withdrawn before June 15, 2026, after which the network will be permanently shut down.

[Swell @swellnetworkio]

https://t.co/lVcBUAGHTQ

[Swell @swellnetworkio]

April Burn Update

859.9M $SWELL has now been burned (8.6% of total supply).

Driven by two mechanisms:

🔹Regular Fee Flow auction burns
🔹Monthly 0.5% supply reduction program

[Swell @swellnetworkio]

Bridging is back online.

Following the KelpDAO/LayerZero incident on April 18, we've upgraded DVN configs from 1/1 to 3/3 across all contracts. Funds remain secure.

We'll continue to monitor developments and harden our infrastructure accordingly.

Thanks for your patience.

[Swell @swellnetworkio]

We are actively monitoring the Kelp rsETH incident and working closely with our security partners to ensure Swell assets are protected from any potential impact.

As a precaution, we are temporarily pausing LayerZero bridging for swETH, rswETH, SWELL, & rSWELL, plus Nucleus bridging for earnETH.

[Swell @swellnetworkio]

We are actively monitoring the Kelp rsETH incident and working closely with our security partners to ensure Swell assets are protected from any potential impact.

As a precaution, we are temporarily pausing LayerZero bridging for swETH, rswETH, SWELL, & rSWELL, plus Nucleus bridging for earnETH.

[Swell @swellnetworkio]

@KunalB06 Please open a support ticket in the app or on Telegram.

[Swell @swellnetworkio]

UPDATE: The third Fee Flow auction is now complete with 753.2M SWELL total burned.

TL;DR

🔹Protocol fees are auctioned to bidders who pay in SWELL.
🔹Auctions run continuously with each lasting 14 days
🔹All SWELL paid is permanently burned

[Swell @swellnetworkio]

431,349 $SWELL was burned following the inaugural Fee Flow auction.

In total, more than 7.5% of the total supply has now been burned.

Bid on protocol revenue with SWELL:

https://t.co/nm6PhoZp5l

[Fast Protocol @Fast_Protocol]

If you’re staking with @swellnetworkio, don’t miss this.

swETH + rswETH holders now have early access to Fast Swaps.

Most traders leak value on every swap. You don’t have to.

Swap on Fast Protocol → better execution → earn Miles.

[Emad @Emad0x1]

@srwIInctwio_com @swellnetworkio 🚨 SCAM ALERT 🚨

A fake site copied our design: ❌
https://t.co/JUZXDExxfF

Our ONLY official site is: ✅
https://t.co/9vOyj72vxo

[Swell @swellnetworkio]

Burn tx:
https://t.co/5weIbhLZQw

[Swell @swellnetworkio]

ICYMI, 0.5% of the $SWELL supply is now burned each month.

This is in addition to regular burning from Fee Flow auctions.

Today, another 0.5% has just been burned.

[Swell @swellnetworkio]

Another 2.5% burned.

The supply reduction program is on schedule.

Stay tuned for the next tokenomics update soon.

[Swell @swellnetworkio]

431,349 $SWELL was burned following the inaugural Fee Flow auction.

In total, more than 7.5% of the total supply has now been burned.

Bid on protocol revenue with SWELL:

https://t.co/nm6PhoZp5l

[Swell @swellnetworkio]

@eulerfinance 🤝

[Swell @swellnetworkio]

https://t.co/hxESrMUEsS