Total Value Locked$28.38m
TVL by Chain
Ethereum$28.38m
Key Metrics
Fees 30d$52,253
Fees 30d by chain
Ethereum$52,253
Fees 7d$2,653
Ethereum$2,653
Fees 24h$0
Ethereum$0
Cumulative Fees$24.55m
Ethereum$24.55m
Revenue 30d$2,612
Revenue 30d by chain
Ethereum$2,612
Revenue 7d$132
Ethereum$132
Revenue 24h$0
Ethereum$0
Cumulative Revenue$1.23m
Ethereum$1.23m
Holders Revenue 30d$4,124
Holders Revenue 30d by chain
Ethereum$4,124
Holders Revenue 7d$0
Ethereum$0
Holders Revenue 24h$0
Ethereum$0
Cumulative Holders Revenue$37,323
Ethereum$37,323
Protocol Information
Swell is a non-custodial liquid staking protocol
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Total staking rewards and fees paid by protocol.View code on GitHubRevenue: 5% staking rewards are charged by swell protocol.View code on GitHubHolders Revenue: Executed SWELL buybacks tracked as SWELL transferred to the burn address excluding programmatic burns.View code on GitHubYields
Pools Tracked1
Average Supply APY0%
Competitors
Swell Liquid Staking history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Apr 14, 2023 to Oct 27, 2026.
All-time high TVL: $977.68m on Mar 12, 2024. All-time low TVL: $519,802 on Apr 14, 2023.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $32.74m |
| Sep 29, 2026 | $32.69m |
| Sep 30, 2026 | $32.53m |
| Oct 1, 2026 | $32.6m |
| Oct 2, 2026 | $32.95m |
| Oct 3, 2026 | $32.6m |
| Oct 4, 2026 | $32.73m |
| Oct 5, 2026 | $32.49m |
| Oct 6, 2026 | $32.36m |
| Oct 7, 2026 | $32.06m |
| Oct 8, 2026 | $30.57m |
| Oct 9, 2026 | $29.31m |
| Oct 10, 2026 | $29.35m |
| Oct 11, 2026 | $29.49m |
| Oct 12, 2026 | $29.97m |
| Oct 13, 2026 | $28.59m |
| Oct 14, 2026 | $29.39m |
| Oct 15, 2026 | $28.36m |
| Oct 16, 2026 | $28.64m |
| Oct 17, 2026 | $27.97m |
| Oct 18, 2026 | $27.71m |
| Oct 19, 2026 | $27.87m |
| Oct 20, 2026 | $27.58m |
| Oct 21, 2026 | $28.25m |
| Oct 22, 2026 | $29.09m |
| Oct 23, 2026 | $28.82m |
| Oct 24, 2026 | $28.64m |
| Oct 25, 2026 | $28.51m |
| Oct 26, 2026 | $28.07m |
| Oct 27, 2026 | $28.12m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $296.57m |
| Dec 31, 2024 | $219.66m |
| Jan 31, 2025 | $180.95m |
| Feb 28, 2025 | $117.89m |
| Mar 31, 2025 | $85.97m |
| Apr 30, 2025 | $77.19m |
| May 31, 2025 | $103.99m |
| Jun 30, 2025 | $92.87m |
| Jul 31, 2025 | $127.43m |
| Aug 31, 2025 | $120.91m |
| Sep 30, 2025 | $105.21m |
| Oct 31, 2025 | $89.29m |
| Nov 30, 2025 | $62.11m |
| Dec 31, 2025 | $59.46m |
| Jan 31, 2026 | $52.56m |
| Feb 28, 2026 | $36.28m |
| Mar 31, 2026 | $35.83m |
| Apr 30, 2026 | $38.21m |
| May 31, 2026 | $30.5m |
| Jun 30, 2026 | $22.17m |
| Jul 31, 2026 | $25.77m |
| Aug 31, 2026 | $31.36m |
| Sep 30, 2026 | $32.53m |
| Oct 27, 2026 (latest) | $28.12m |
TVL at each year end, Dec 31, 2023 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2023 | $278.66m |
| Dec 31, 2024 | $219.66m |
| Dec 31, 2025 | $59.46m |
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 | $837,178 | $41,859 | $0 |
| Jan 2025 | $571,766 | $28,588 | $0 |
| Feb 2025 | $352,986 | $17,650 | $0 |
| Mar 2025 | $342,342 | $17,118 | $0 |
| Apr 2025 | $212,881 | $10,644 | $0 |
| May 2025 | $269,439 | $13,472 | $0 |
| Jun 2025 | $345,333 | $17,267 | $0 |
| Jul 2025 | $301,301 | $15,065 | $0 |
| Aug 2025 | $378,698 | $18,934 | $0 |
| Sep 2025 | $303,959 | $15,198 | $0 |
| Oct 2025 | $247,832 | $12,392 | $0 |
| Nov 2025 | $198,356 | $9,917 | $0 |
| Dec 2025 | $186,765 | $9,339 | $0 |
| Jan 2026 | $157,368 | $7,869 | $0 |
| Feb 2026 | $93,278 | $4,667 | $0 |
| Mar 2026 | $100,932 | $5,047 | $3,707 |
| Apr 2026 | $98,646 | $4,932 | $7,897 |
| May 2026 | $91,103 | $4,558 | $6,033 |
| Jun 2026 | $60,551 | $3,026 | $4,929 |
| Jul 2026 | $39,452 | $1,975 | $3,432 |
| Aug 2026 | $72,946 | $3,646 | $4,106 |
| Sep 2026 | $64,597 | $3,233 | $5,475 |
| Oct 2026 (to date) | $40,164 | $2,007 | $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-liquid-staking
Frequently asked questions
What is Swell Liquid Staking's TVL?
As of Oct 27, 2026, Swell Liquid Staking has $28.38m in total value locked. TVL has decreased 14.1% over the past 30 days.
What chains does Swell Liquid Staking operate on?
Swell Liquid Staking operates on Ethereum. Ethereum holds the largest share at 100%.
How much has Swell Liquid Staking generated in fees and revenue?
Over the past 30 days, Swell Liquid Staking generated $52,253 in fees. Of that, $2,612 was protocol revenue. Based on the trailing year, the annualized rate is $1.24m in fees and $61,876 in revenue.
How does Swell Liquid Staking's TVL compare to similar protocols?
Among Liquid Staking protocols tracked by DefiLlama, Swell Liquid Staking ranks #51 by TVL. The category holds $53.888b across 266 protocols, and Swell Liquid Staking accounts for 0.1% of that total. Similar protocols include Lido, Binance staked ETH, ether.fi Stake, Rocket Pool, StakeWise V3, Liquid Collective, mETH Protocol, Coinbase Wrapped Staked ETH, Stader, and Frax Ether.
How many yield pools does Swell Liquid Staking have?
DefiLlama tracks 1 Swell Liquid Staking yield pool with an average APY of 0%.

