The TVL of Swell's swBTC has broken through 30 million US dollars
According to Dune data, the Bitcoin liquidity re-pledge token swBTC launched by Swell exceeded $30 million in TVL within 10 days of its launch and has over 560 independent holder addresses. Currently, a large amount of swBTC supply has entered major DeFi protocols such as Curve and Morpho, accounting for 8%. In addition, Swell is developing L2, with users having deposited 68% of the swBTC supply awaiting its launch.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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