rswETH
$1,677.96
0.87%
Past Day
Market Stats
Market Cap
$15.18m
24h Volume
$501.11
FDV
$14.99m
Max Supply
11.91k
About
Contract
0xFAe1...a6c0
Created
Jan 26, 2024
Website
swellnetwork.io
𝕏
Twitter
@swellnetworkio
What is rswETH?
rswETH is an ERC-20 Liquid Restaking Token that provides liquidity for users who are wanting to "restake" their ETH into restaking protocols such as EigenLayer without having their restaked ETH locked. It is a repricing token that represents a user's yield-bearing ETH that is being used by validators that attest to transactions on the Ethereum blockchain. To "restake" is to have a validator that has their withdrawal credentials pointed to an Eigenlayer Eigenpod address.