Live SWELL Token Overview
The Swell Governance Token (SWELL) is currently trading at $0.008451**, with a 24-hour trading volume of **$41,248. Over the past day, SWELL's price has decreased by 4.74%, while its weekly performance shows a 5.09% decline. With a circulating supply of 2.08 billion SWELL, the token's market capitalization stands at $17.62 million.
Key Metrics:
- All-Time High (ATH): $0.069728 (87.88% below current price)
- All-Time Low (ATL): $0.007034 (20.14% above current price)
- Max Supply: 10 billion SWELL
Price Performance Analysis
| Period | Price Change | Percentage Change |
|---|---|---|
| 24 Hours | -$0.000421 | -4.75% |
| 7 Days | -$0.000337 | -3.83% |
| 30 Days | -$0.001164 | -12.11% |
| 90 Days | -$0.001034 | -10.90% |
👉 Track real-time SWELL price movements
SWELL Token Utility and Features
Swell Network offers several compelling features for Ethereum stakers and DeFi participants:
- Governance Rights: SWELL holders can vote on protocol upgrades and strategic decisions.
- Restaking Mechanism: Users can stake SWELL to receive rSWELL tokens, which secure Swell's Layer 2 infrastructure while earning additional rewards.
- DeFi Integration: Swell's liquid staking tokens (like swETH) are compatible with major DeFi platforms for enhanced yield opportunities.
- Security Framework: The protocol undergoes regular audits and maintains decentralized infrastructure for asset safety.
How to Restake SWELL Tokens
Follow this step-by-step guide to restake your SWELL tokens:
- Access the Swell Network dApp
- Connect your Web3 wallet (MetaMask, WalletConnect, etc.)
- Navigate to the 'Restake' section
- Input your SWELL amount and confirm the transaction
- Receive rSWELL tokens representing your staked position
- Earn passive rewards while contributing to network security
👉 Learn more about liquid staking strategies
Frequently Asked Questions
What factors influence SWELL's price?
SWELL's value is primarily affected by:
- Demand for liquid staking solutions
- Protocol developments and upgrades
- Ethereum network activity
- Overall crypto market sentiment
Is SWELL a good investment?
While SWELL offers governance rights and staking rewards, cryptocurrency investments carry inherent risk. Consider these aspects:
- Active development team and roadmap
- Growing TVL in Swell Network
- Competitive landscape among staking protocols
- Your personal risk tolerance
Where can I buy SWELL tokens?
SWELL is available on several major exchanges. For the best trading experience, look for platforms with:
- High liquidity pools
- Competitive trading fees
- Strong security measures
- User-friendly interfaces
How does Swell Network compare to other staking protocols?
Swell differentiates itself through:
- Native restaking capabilities
- Focus on Layer 2 security
- Seamless DeFi integration
- Transparent governance process
Conversion and Storage Options
To convert SWELL to fiat currency:
- Sell SWELL for USDT on a spot exchange
- Transfer USDT to a P2P platform or fiat gateway
- Exchange for your local currency
For secure SWELL storage, consider:
- Non-custodial wallets (MetaMask, Ledger)
- Exchange-hosted wallets (with 2FA enabled)
- Hardware wallets for large holdings
Disclaimer: This content is for informational purposes only and should not be considered financial advice. Cryptocurrency investments are volatile and risky. Always conduct your own research before making investment decisions.