Swell: Bridge funds exceeded $120 million, mainly flowing in through the Stargate protocol
Swell announced in a post on X that its bridging funds have exceeded 120 million US dollars, with more funds flowing in.
Major assets such as USDe from Ethena Labs, weETH from ether.fi, and rswETH from Swell are flowing in size and speed. Most of the funds are flowing through the Stargate full-chain transmission liquidity protocol (supported by LayerZero technology).
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.
You may also like
Senate bill targets emissions from AI and crypto data centers
SEC eyes crypto trading overhaul amid calls for reform
Vitalik Buterin emphasises social philosophy in app layer
NFT trader faces prison for $13 million tax evasion
Trending news
MoreCrypto prices
More
