Swell

etherscan.io Ethereum Transaction Hash: 0x99f73c8dcc... | Etherscan 0x900bB9F1...9557e8b00 Call Exec Transaction Function on 0x20fDF475...781C17F90 | Success | Nov-02-2026 10:45:23 AM (UTC)

Swell Verified account @swellnetworkio · Oct 29

x.com/i/article/2115…

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app.swellnetwork.io Swell Delivering the world’s best liquid restaking experience, simplifying access to DeFi, and securing the future of Ethereum.

Swell Verified account @swellnetworkio · Oct 16

Swellchain Shutdown: Recovery of Bridged swETH, rswETH, and SWELL

SWELL, swETH, and rswETH left on Swellchain after the shutdown will soon be claimable on Ethereum. You can now check your balance.

These tokens were bridged to Swellchain with LayerZero’s OFT (Omnichain Fungible Token) standard. They stayed there after the chain closed on June 23rd, 2026.

Working with @LayerZero_Core, we have recovered these funds and made them available to claim.

How we recovered the funds

When you bridged tokens to Swellchain, the bridge locked them in a contract on Ethereum. Swellchain then minted the same amount to you. To release the locked tokens without Swellchain, we temporarily created a dummy OFT on BNB Chain (BSC).

These steps were followed:

1. We removed Swellchain as a trusted source on the Ethereum bridge contracts. This makes sure no one can release the same funds twice.

etherscan.io/tx/0x83a194e3f…

2. We deployed temporary SWELL, swETH, and rswETH contracts on BSC.

SWELL: 0xc1188Fa318BAa490B14241aF5cb3e64Fd38235ee
swETH: 0x8c758BEDA8CCB374dC89B74D8CF2F908B1077d82
rswETH: 0x963132A22e8Dd516Ec65C2FAd3a17F280c27de2d

3. We connected the BSC contracts to the Ethereum bridge contracts.

etherscan.io/tx/0x83a194e3f…

4. On BSC, we minted temporary tokens to the Swell multisig. The amount equals the total supply of each token on Swellchain. These tokens had no value and existed only to unlock the tokens on Ethereum.

bscscan.com/tx/0x0e13b99be…
bscscan.com/tx/0x0ddd2702c…

5. We bridged the temporary tokens from BSC to Ethereum. This released the locked tokens to the Swell multisig.

bscscan.com/tx/0x0e13b99be…
bscscan.com/tx/0x0ddd2702c…

6. We disconnected BSC from the Ethereum bridge contracts. The temporary BSC tokens are valueless and have no further use.

etherscan.io/tx/0x4979aed3d…

7. The released tokens will be moved into a Merkle claim contract after a final claim check

Recovered amounts

SWELL: 72,773,835.73
swETH: 100.994705
rswETH: 55.282269

How to claim

Go to the page for the asset you held on Swellchain:

app.swellnetwork.io/claim/swell
app.swellnetwork.io/claim/sweth
app.swellnetwork.io/claim/rsweth

1. Connect the wallet you used on Swellchain.
2. Check your claimable amount.
3. Claims will open within the next two weeks.

Transactions

Bridging tx on BSC chain
bscscan.com/tx/0x0e13b99be…
bscscan.com/tx/0x0ddd2702c…

Released fund tx on Ethereum:
etherscan.io/tx/0x1acf73a84…
etherscan.io/tx/0xdd1ef9c55…
etherscan.io/tx/0xf978d96e1…
etherscan.io/tx/0xc5af243b1…

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Swell Verified account @swellnetworkio · Oct 29

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Swell Verified account @swellnetworkio · Oct 29

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