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Swell: Bridge funds exceeded $120 million, mainly flowing in through the Stargate protocol

Swell: Bridge funds exceeded $120 million, mainly flowing in through the Stargate protocol

CointimeCointime2024/12/22 07:33
By:Cointime

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).

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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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