Ask about Swirl
Logo of SwirlSwirl
Total Value Locked$3.09m

TVL by Chain

IOTA$3.09m

Protocol Information

Swirl is a Liquid Staking solution, allowing users to stake IOTA and receive stIOTA in return. These tokens provide instant liquidity, enabling users to trade, use them as collateral in DeFi, or earn additional rewards while their IOTA remains staked. Swirl enhances staking accessibility, flexibility, and capital efficiency, making it a key component of the IOTA DeFi ecosystem

Category:Liquid Staking

Audits:

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Methodology

TVL: Calculates the amount of IOTA staked in stIota liquid staking contracts.View code on GitHub

Competitors

TokenLabs ($181,504.41)

Frequently Asked Questions

What is Swirl?

Swirl is a Liquid Staking solution, allowing users to stake IOTA and receive stIOTA in return. These tokens provide instant liquidity, enabling users to trade, use them as collateral in DeFi, or earn additional rewards while their IOTA remains staked. Swirl enhances staking accessibility, flexibility, and capital efficiency, making it a key component of the IOTA DeFi ecosystem

What is Swirl's TVL?

Swirl currently has $3.09m in total value locked. TVL has decreased 17.2% over the past 30 days.

What chains does Swirl operate on?

Swirl operates on IOTA. IOTA holds the largest share at 100%.

How does Swirl's TVL compare to similar protocols?

Among Liquid Staking protocols tracked by DefiLlama, Swirl ranks #85 by TVL. The category holds $35.516b across 257 protocols, and Swirl accounts for <0.1% of that total. Other leading protocols include Lido, Binance staked ETH, and Sanctum.