Blockchain

Swell Pauses swETH and rswETH Deposits and Withdrawals

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 23/10/2026, 06:57:25 UTC.

Briefings

The Swell protocol halted withdrawals and deposit requests for swETH and rswETH to correct its net asset value (NAV) before reopening. On-chain controls now block withdrawal requests and ETH claims. The protocol must correct NAV before reopening, while onchain controls now block withdrawal requests and ETH claims. This action prevents users from withdrawing assets until the protocol's financial position is verified.

Key points

• Swell protocol halted withdrawals and deposit requests for swETH and rswETH to correct its net asset value (NAV) before reopening.
• On-chain controls now block withdrawal requests and ETH claims.

Context

Swell is a decentralized protocol for stablecoin issuance and trading. The halt prevents users from withdrawing assets until the protocol's financial position is verified.

Limitations

Evidence is limited to a single article snippet from October 2026. Specific NAV figures, exact dates of the halt, or reasons for the block are not provided in the source.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 23/10/2026, 07:11:12 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

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