Ask about Swell · freeTotal Value Locked$47.52m
TVL by Chain
Ethereum$47.52m
Swellchain$0
Key Metrics
Fees 30d$65,038
Fees 30d by chain
Ethereum$65,038
Fees 7d$19,085
Ethereum$19,085
Fees 24h$0
Ethereum$0
Cumulative Fees$29.62m
Ethereum$29.62m
Revenue 30d$3,250
Revenue 30d by chain
Ethereum$3,250
Revenue 7d$954
Ethereum$954
Revenue 24h$0
Ethereum$0
Cumulative Revenue$1.48m
Ethereum$1.48m
Holders Revenue 30d$2,679
Holders Revenue 30d by chain
Ethereum$2,679
Holders Revenue 7d$900
Ethereum$900
Holders Revenue 24h$0
Ethereum$0
Cumulative Holders Revenue$38,630
Ethereum$38,630
Incentives 1y$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$107,710
Earnings 30d$3,250
Earnings 7d$954
Earnings 24h$0
Cumulative Earnings$1.48m
Market Cap$3.12m
$SWELL Price$0.0006
Fully Diluted Valuation$5.26m
Outstanding FDV$5.77m
$SWELL Volume 24h$625,384
CEX Volume$512,427
DEX Volume$97,176(15.54% of total)
Protocol Information
A non-custodial ETH liquid staking protocol that helps you optimize yield in DeFi
- Swell Liquid RestakingLiquid Restaking
- Swell Liquid StakingLiquid Staking
- Swell L2 FarmFarm
- Swell EarnYield Aggregator
- Swell BTC LRTYield Aggregator
- SuperSweth VaultFarm
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Holders Revenue:
Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Yields
Pools Tracked3
Average Supply APY2.24%
Swell history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Apr 14, 2023 to Nov 12, 2026.
All-time high TVL: $3.072b on May 28, 2024. All-time low TVL: $519,802 on Apr 14, 2023.
Daily TVL, Oct 14, 2026 to Nov 12, 2026
| Date | TVL |
|---|---|
| Oct 14, 2026 | $138.14m |
| Oct 15, 2026 | $133.56m |
| Oct 16, 2026 | $134.57m |
| Oct 17, 2026 | $133.03m |
| Oct 18, 2026 | $131.93m |
| Oct 19, 2026 | $132.7m |
| Oct 20, 2026 | $131.77m |
| Oct 21, 2026 | $134.6m |
| Oct 22, 2026 | $60.97m |
| Oct 23, 2026 | $60.5m |
| Oct 24, 2026 | $60.02m |
| Oct 25, 2026 | $59.68m |
| Oct 26, 2026 | $58.93m |
| Oct 27, 2026 | $58.88m |
| Oct 28, 2026 | $59.43m |
| Oct 29, 2026 | $59.63m |
| Oct 30, 2026 | $56.41m |
| Oct 31, 2026 | $56.91m |
| Nov 1, 2026 | $54.27m |
| Nov 2, 2026 | $54.25m |
| Nov 3, 2026 | $53.46m |
| Nov 4, 2026 | $53.9m |
| Nov 5, 2026 | $57.01m |
| Nov 6, 2026 | $52.67m |
| Nov 7, 2026 | $52.63m |
| Nov 8, 2026 | $52.39m |
| Nov 9, 2026 | $50.07m |
| Nov 10, 2026 | $49.68m |
| Nov 11, 2026 | $47.83m |
| Nov 12, 2026 | $47.9m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $1.07b |
| Jan 31, 2025 | $1.053b |
| Feb 28, 2025 | $713.8m |
| Mar 31, 2025 | $270.3m |
| Apr 30, 2025 | $226.69m |
| May 31, 2025 | $301.4m |
| Jun 30, 2025 | $279.44m |
| Jul 31, 2025 | $395.72m |
| Aug 31, 2025 | $367.75m |
| Sep 30, 2025 | $339.85m |
| Oct 31, 2025 | $293.42m |
| Nov 30, 2025 | $218.54m |
| Dec 31, 2025 | $212.14m |
| Jan 31, 2026 | $187.28m |
| Feb 28, 2026 | $132.03m |
| Mar 31, 2026 | $135.18m |
| Apr 30, 2026 | $144.59m |
| May 31, 2026 | $125.31m |
| Jun 30, 2026 | $94.29m |
| Jul 31, 2026 | $111.62m |
| Aug 31, 2026 | $139.09m |
| Sep 30, 2026 | $150.53m |
| Oct 31, 2026 | $56.91m |
| Nov 12, 2026 (latest) | $47.9m |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $287.2m |
| Dec 31, 2024 | $1.07b |
| Dec 31, 2025 | $212.14m |
Fees, revenue and holders revenue by UTC calendar month, Dec 2024 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Dec 2024 | $1.25m | $62,446 | $0 |
| Jan 2025 | $1.39m | $69,711 | $0 |
| Feb 2025 | $666,665 | $33,333 | $0 |
| Mar 2025 | $701,375 | $35,071 | $0 |
| Apr 2025 | $349,276 | $17,463 | $0 |
| May 2025 | $540,875 | $27,044 | $0 |
| Jun 2025 | $626,589 | $31,330 | $0 |
| Jul 2025 | $631,841 | $31,593 | $0 |
| Aug 2025 | $862,059 | $43,101 | $0 |
| Sep 2025 | $594,608 | $29,731 | $0 |
| Oct 2025 | $510,877 | $25,544 | $0 |
| Nov 2025 | $387,836 | $19,392 | $0 |
| Dec 2025 | $345,717 | $17,286 | $0 |
| Jan 2026 | $299,621 | $14,983 | $0 |
| Feb 2026 | $169,206 | $8,464 | $0 |
| Mar 2026 | $191,337 | $9,567 | $3,707 |
| Apr 2026 | $175,425 | $8,769 | $7,897 |
| May 2026 | $158,125 | $7,910 | $6,033 |
| Jun 2026 | $113,829 | $5,689 | $4,929 |
| Jul 2026 | $80,785 | $4,042 | $3,432 |
| Aug 2026 | $100,508 | $5,026 | $4,106 |
| Sep 2026 | $217,299 | $10,870 | $5,475 |
| Oct 2026 | $51,149 | $2,555 | $2,151 |
| Nov 2026 (to date) | $19,085 | $954 | $900 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/swell
Frequently asked questions
What is Swell's TVL?
As of Nov 12, 2026, Swell has $47.52m in total value locked. TVL has decreased 64.6% over the past 30 days.
What chains does Swell operate on?
Swell operates on 2 chains: Ethereum and Swellchain. Ethereum holds the largest share at 100%.
How much has Swell generated in fees and revenue?
Over the past 30 days, Swell generated $65,038 in fees. Of that, $3,250 was protocol revenue. Based on the trailing year, the annualized rate is $2.15m in fees and $107,710 in revenue.
What is the SWELL token price and valuation?
SWELL is currently trading at $0.0006. Its circulating market capitalization is $3.13m, ranking it #2,375. Its fully diluted valuation is $5.28m. Supply currently stands at 5.222b circulating, 8.807b total supply, 10b maximum supply.
How has SWELL performed recently?
SWELL is down 7.9% over the past 7 days and down 20.8% over the past 30 days. Its all-time high is $0.07, reached on Nov 9, 2024. The token is currently 99.1% below that level.
Which protocols are included in Swell?
Swell is a parent protocol whose tracked products include Swell Liquid Restaking, Swell Liquid Staking, Swell L2 Farm, Swell Earn, and Swell BTC LRT and 1 others.
How many yield pools does Swell have?
DefiLlama tracks 3 Swell yield pools with an average APY of 2.2%.