Swell Liquid Staking · Ethereum

SWETH

Overview

The Swell Liquid Staking SWETH pool on Ethereum is a liquid-staking receipt where users earn rewards by staking ETH and receiving SWETH tokens in return. The protocol generates yield for participants through the delegation of staked ETH to validators.

Total APY stands at 2.70%, with no additional reward component. Over the past week, the rate has decreased by 0.32% while over the last month it has increased by 0.07%. This current rate is below the 30-day mean of 2.89%.

TVL in the pool is $37M with no specified 7-day change data available. The primary risk here is smart-contract exposure, as this is a single-asset liquid-staking pool without impermanent loss concerns. Validator performance and network conditions influence the stability and yield of SWETH tokens.

Composed 2026-05-20 from the structured data above. See methodology for the full pipeline.

Risk profile

• Smart contract risk

  Funds are deposited into a smart contract. A bug or exploit in the contract could lead to total loss. Audits reduce, but do not eliminate, this risk. Check the protocol page for audit history.

• Yield variability

  Current APY is 2.55%; 30-day mean is 2.78%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 66% confidence based on historical patterns.

These notes are derived from the pool's structured data, not editorial advice. See our methodology.