Ask about Swell · freeTotal Value Locked$133.37m
TVL by Chain
Ethereum$133.37m
Swellchain$0
Key Metrics
Fees 30d$211,827
Fees 30d by chain
Ethereum$211,827
Fees 7d$42,806
Ethereum$42,806
Fees 24h$42,806
Ethereum$42,806
Cumulative Fees$29.6m
Ethereum$29.6m
Revenue 30d$10,591
Revenue 30d by chain
Ethereum$10,591
Revenue 7d$2,140
Ethereum$2,140
Revenue 24h$2,140
Ethereum$2,140
Cumulative Revenue$1.48m
Ethereum$1.48m
Holders Revenue 30d$5,080
Holders Revenue 30d by chain
Ethereum$5,080
Holders Revenue 7d$1,372
Ethereum$1,372
Holders Revenue 24h$1,372
Ethereum$1,372
Cumulative Holders Revenue$37,323
Ethereum$37,323
Incentives 1y$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$124,111
Earnings 30d$10,591
Earnings 7d$2,140
Earnings 24h$2,140
Cumulative Earnings$1.48m
Market Cap$3.68m
$SWELL Price$0.0007
Fully Diluted Valuation$6.24m
Outstanding FDV$6.8m
$SWELL Volume 24h$261,009
CEX Volume$222,865
DEX Volume$43,735(16.76% of total)
Protocol Information
A non-custodial ETH liquid staking protocol that helps you optimize yield in DeFi
- Swell L2 FarmFarm
- Swell Liquid RestakingLiquid Restaking
- Swell Liquid StakingLiquid Staking
- Swell EarnYield Aggregator
- Swell BTC LRTYield Aggregator
- SuperSweth VaultFarm
Yields
Pools Tracked3
Average Supply APY0.85%
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
Swell history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Apr 14, 2023 to Oct 20, 2026.
All-time high TVL: $3.072b on May 28, 2024. All-time low TVL: $519,802 on Apr 14, 2023.
Daily TVL, Sep 21, 2026 to Oct 20, 2026
| Date | TVL |
|---|---|
| Sep 21, 2026 | $151.44m |
| Sep 22, 2026 | $156.23m |
| Sep 23, 2026 | $155.59m |
| Sep 24, 2026 | $151.65m |
| Sep 25, 2026 | $152.04m |
| Sep 26, 2026 | $151.54m |
| Sep 27, 2026 | $151.96m |
| Sep 28, 2026 | $150.78m |
| Sep 29, 2026 | $150.71m |
| Sep 30, 2026 | $150.53m |
| Oct 1, 2026 | $151.33m |
| Oct 2, 2026 | $152.39m |
| Oct 3, 2026 | $150.96m |
| Oct 4, 2026 | $151.39m |
| Oct 5, 2026 | $152.75m |
| Oct 6, 2026 | $152.2m |
| Oct 7, 2026 | $151.15m |
| Oct 8, 2026 | $142.19m |
| Oct 9, 2026 | $136.71m |
| Oct 10, 2026 | $137.38m |
| Oct 11, 2026 | $138.24m |
| Oct 12, 2026 | $140.09m |
| Oct 13, 2026 | $134.3m |
| 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 |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $1.655b |
| 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 20, 2026 (latest) | $131.77m |
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, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $902,626 | $45,131 | $0 |
| 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 (to date) | $49,901 | $2,494 | $1,744 |
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 Oct 20, 2026, Swell has $133.37m in total value locked. TVL has decreased 10.2% 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 $211,827 in fees. Of that, $10,591 was protocol revenue. Based on the trailing year, the annualized rate is $2.48m in fees and $124,111 in revenue.
What is the SWELL token price and valuation?
SWELL is currently trading at $0.00071. Its circulating market capitalization is $3.69m, ranking it #2,239. Its fully diluted valuation is $6.25m. Supply currently stands at 5.222b circulating, 8.859b total supply, 10b maximum supply.
How has SWELL performed recently?
SWELL is down 7.8% over the past 7 days and down 6.8% over the past 30 days. Its all-time high is $0.07, reached on Nov 9, 2024. The token is currently 99% below that level.
Which protocols are included in Swell?
Swell is a parent protocol whose tracked products include Swell L2 Farm, Swell Liquid Restaking, Swell Liquid Staking, 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 0.9%.