rswETH
$4,059.07
2.38%
Past Day
Market Stats
Market Cap
$77.51m
24h Volume
$22.64k
FDV
$66.61m
Max Supply
19.68k
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.