Joined May 2025
- Tweets 37
- Following 3
- Followers 469
- Likes 58
6 Photos and videos
Jun 16
The Swellchain shutdown has begun.
You must bridge your assets off Swellchain by June 23. Anything left on the chain after that date will be unrecoverable.
Bridge out via Superbridge: superbridge.swellnetwork.io/
Assets from the following protocols still remain on the chain:
$weETH from @ether_fi
$KING from @thekingprotocol
$wstETH from @LidoFinance
$USDe, $sUSDe, and $ENA from @ethena
$ezETH from @RenzoAI
$rsETH from @KelpDAO
$EUL from @eulerfinance
$XVELO from @VelodromeFi
$oUSDT from @OpenUSDT_xyz
$USDT0 from @StargateFinance and @tether
Note: DeBank no longer supports Swellchain, so it won't show assets on the chain.
Please check this sheet to see your Swellchain holdings:
docs.google.com/spreadsheets…
Note that this list is not exhaustive and may not cover all funds on the chain. Please verify your holdings using the block explorer: explorer.swellnetwork.io/
If you need help, click the frog in the Swell app or open a support ticket in our Telegram.
And if you haven't yet, check out @FaroTrading, the app that turns market data into trades. Research, validate, and execute on Hyperliquid through one AI-native platform.
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Jun 11
Final call: Swellchain will be closing permanently from Monday 15 June. Please withdraw your funds ahead of that date to avoid losing access to them.
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Jun 6
Service restored. Swellchain is now fully operational.
Please be reminded that the chain will be closed down permanently from June 15th. All funds must be withdrawn before that day.
Jun 5
Swellchain status update
We're aware of an unplanned outage affecting Swellchain, caused by an issue with our hosting partner. We expect the downtime to last a few hours.
Funds are safe and we'll share further updates as soon as we can.
Thanks for your patience.
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Jun 5
Swellchain status update
We're aware of an unplanned outage affecting Swellchain, caused by an issue with our hosting partner. We expect the downtime to last a few hours.
Funds are safe and we'll share further updates as soon as we can.
Thanks for your patience.
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Jun 2
May burn update: 900M $SWELL has now been destroyed.
9% of total supply burned through regular fee flow auctions and the monthly 0.5% supply reduction program.
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Jun 1
Two weeks left: All funds must be withdrawn from Swellchain before June 15th.
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We are modifying bridge routes for ezETH based on usage to maintain the highest possible security standards. Bridging support for the following chains will be deprecated on June 20th, 2026:
Fully Deprecated:
Zircuit
Exit Only:
Blast, Swell, Taiko, Berachain, Sei
If you hold ezETH on these chains, please withdraw to Ethereum Mainnet before June 20th.
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We are consolidating our supported networks to ensure the highest security standards for rsETH based on usage and integrations.
The following chains will no longer support rsETH bridging after June 15:
Optimism, Manta, Mode, Blast, Scroll, X Layer, zkSync, Zircuit, Swellchain, Hemi, Berachain, Sonic, HyperEVM, Unichain, TAC, Avalanche, Plasma Stable, MegaETH, Monad, Movement.
If you hold rsETH on any of these chains, you have until June 15 to bridge back to the Ethereum mainnet.
Post-deadline recovery is possible for a fee of 100 USDC per address. The exact process will be communicated closer to June 15.
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May 5
Deposits to Swellchain are now closed.
All remaining funds on the chain must be withdrawn before June 15, 2026, after which the network will be permanently shut down.
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May 4
April Burn Update
859.9M $SWELL has now been burned (8.6% of total supply).
Driven by two mechanisms:
🔹Regular Fee Flow auction burns
🔹Monthly 0.5% supply reduction program
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Apr 28
Bridging is back online.
Following the KelpDAO/LayerZero incident on April 18, we've upgraded DVN configs from 1/1 to 3/3 across all contracts. Funds remain secure.
We'll continue to monitor developments and harden our infrastructure accordingly.
Thanks for your patience.
Apr 19
We are actively monitoring the Kelp rsETH incident and working closely with our security partners to ensure Swell assets are protected from any potential impact.
As a precaution, we are temporarily pausing LayerZero bridging for swETH, rswETH, SWELL, & rSWELL, plus Nucleus bridging for earnETH.
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Apr 19
We are actively monitoring the Kelp rsETH incident and working closely with our security partners to ensure Swell assets are protected from any potential impact.
As a precaution, we are temporarily pausing LayerZero bridging for swETH, rswETH, SWELL, & rSWELL, plus Nucleus bridging for earnETH.
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Swell retweeted
Apr 8
If you’re staking with @swellnetworkio, don’t miss this.
swETH rswETH holders now have early access to Fast Swaps.
Most traders leak value on every swap. You don’t have to.
Swap on Fast Protocol → better execution → earn Miles.
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🚨 SCAM ALERT 🚨
A fake site copied our design: ❌
events-swellnetworkio.xyz
Our ONLY official site is: ✅
swellnetwork.io/
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Apr 1
ICYMI, 0.5% of the $SWELL supply is now burned each month.
This is in addition to regular burning from Fee Flow auctions.
Today, another 0.5% has just been burned.
Mar 2
Another 2.5% burned.
The supply reduction program is on schedule.
Stay tuned for the next tokenomics update soon.
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Mar 31
UPDATE: The third Fee Flow auction is now complete with 753.2M SWELL total burned.
TL;DR
🔹Protocol fees are auctioned to bidders who pay in SWELL.
🔹Auctions run continuously with each lasting 14 days
🔹All SWELL paid is permanently burned
Mar 11
431,349 $SWELL was burned following the inaugural Fee Flow auction.
In total, more than 7.5% of the total supply has now been burned.
Bid on protocol revenue with SWELL:
app.swellnetwork.io/fee-flow
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Mar 11
431,349 $SWELL was burned following the inaugural Fee Flow auction.
In total, more than 7.5% of the total supply has now been burned.
Bid on protocol revenue with SWELL:
app.swellnetwork.io/fee-flow
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