ETH liquid staking and restaking with swETH and rswETH
Last updated: July 2026
Swell Network is an Ethereum liquid staking and restaking protocol offering swETH (liquid staking) and rswETH (liquid restaking), aiming to provide a full staking-to-restaking product suite with a strong DeFi and decentralization focus. swETH is a straightforward liquid staking token earning Ethereum staking rewards, while rswETH extends into EigenLayer-based restaking for additional yield, giving users a choice between plain staking and restaking within one ecosystem. Swell has also pursued its own layer-2 (Swellchain) built around restaking, positioning itself as more than just an LST issuer. Its tokens are integrated across DeFi and it has run points and token programs. The trade-offs: swETH and rswETH carry the standard liquid-staking and (for rswETH) restaking risks including smart-contract exposure and potential de-pegging under stressed liquidity; as a mid-sized protocol its liquidity and integration trail the largest LSTs like Lido; and its broader ambitions (Swellchain, restaking) add complexity and execution risk to evaluate. But for users who want both liquid staking and liquid restaking options from a single decentralization-focused Ethereum protocol — with a growing ecosystem around restaking — Swell is a credible option offering more product breadth than a pure single-token LST.
Swell Network offers a free plan.
Swell Network
Free
| Feature | Swell Network |
|---|---|
| Liquid Token | swETH / rswETH |
| Minimum Stake | None |
| Reward Frequency | Continuous |
| Defi Compatible | ✓ |
| Node Operator Model | Decentralized operators |
| Governance Token | ✓ |
| Multi Chain | ✗ |
| Slashing Protection | ✗ |
| Withdrawal Enabled | ✓ |
| Insurance Fund | ✗ |
Yes, Swell Network has a free plan.
Swell Network is used for eth liquid staking and restaking with sweth and rsweth. It's primarily used by Web3 teams in the Staking & Liquid Staking category.
See our full alternatives comparison at https://chainpick.io/alternatives/swell.
Swell Network has a rating of 4/5 based on 74 reviews. Key strength: Both liquid staking and restaking in one protocol. Main limitation: Standard liquid-staking and restaking risks.
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