# Swell

> Track Swell's TVL, active users and market cap with daily on-chain data across 2 chains. Compare Swell with other liquid staking projects. Updated daily.

Source: [Swell on Token Terminal](https://tokenterminal.com/explorer/projects/swell). This page has no metric values. For current values, use the [Token Terminal API](https://tokenterminal.com/docs/api-reference/introduction) or the [MCP server](https://tokenterminal.com/docs/mcp/introduction).

- Token: SWELL
- Sectors: Liquid staking
- Chains: arbitrum, ethereum

## About

### What it is

Swell is a non-custodial liquid staking protocol built on Ethereum. Swell was founded by Daniel Dizon and launched in 2023.

### Who uses it

SWELL tokenholders own and govern the protocol. They currently don’t take a cut of the total return on investment (revenue).

### How it works

Stakers deposit funds into Swell and receive a return on investment in the form of staking rewards (supply-side revenue).

## Metrics

Token Terminal tracks these metrics for Swell daily. Each page has a chart with the full history.

- [Price](https://tokenterminal.com/explorer/projects/swell/metrics/price)
- [Fully diluted market cap](https://tokenterminal.com/explorer/projects/swell/metrics/market-cap-fully-diluted)
- [Circulating market cap](https://tokenterminal.com/explorer/projects/swell/metrics/market-cap-circulating)
- [Token trading volume](https://tokenterminal.com/explorer/projects/swell/metrics/token-trading-volume)
- [Token turnover (fully diluted)](https://tokenterminal.com/explorer/projects/swell/metrics/token-turnover-fully-diluted)
- [Token turnover (circulating)](https://tokenterminal.com/explorer/projects/swell/metrics/token-turnover-circulating)
- [Token holders](https://tokenterminal.com/explorer/projects/swell/metrics/tokenholders)
- [Circulating supply](https://tokenterminal.com/explorer/projects/swell/metrics/token-supply-circulating)
- [Total value locked](https://tokenterminal.com/explorer/projects/swell/metrics/tvl)
- [Assets staked](https://tokenterminal.com/explorer/projects/swell/metrics/assets-staked)
- [Active users (daily)](https://tokenterminal.com/explorer/projects/swell/metrics/user-dau)
- [Active users (weekly)](https://tokenterminal.com/explorer/projects/swell/metrics/user-wau)
- [Active users (monthly)](https://tokenterminal.com/explorer/projects/swell/metrics/user-mau)
- [Active addresses (daily)](https://tokenterminal.com/explorer/projects/swell/metrics/active-addresses-daily)
- [Active addresses (weekly)](https://tokenterminal.com/explorer/projects/swell/metrics/active-addresses-weekly)
- [Active addresses (monthly)](https://tokenterminal.com/explorer/projects/swell/metrics/active-addresses-monthly)
- [Core developers](https://tokenterminal.com/explorer/projects/swell/metrics/active-developers)
- [Code commits](https://tokenterminal.com/explorer/projects/swell/metrics/code-commits)
- [Transaction count (contracts)](https://tokenterminal.com/explorer/projects/swell/metrics/transaction-count-contracts)
- [Gas used](https://tokenterminal.com/explorer/projects/swell/metrics/gas-used)

## Links

- [governance](https://forum.swellnetwork.io/)
- [github](https://github.com/SwellNetwork)
- [twitter](https://twitter.com/swellnetworkio)
- [discord](https://t.me/+QvXky2aKNc8yYTI1)
- [website](https://www.swellnetwork.io/)