Swell Opens Claims for Ethereum Tokens Stranded by Swellchain Shutdown
Swell Opens Claims for Stranded Ethereum Tokens
Swell has opened claims for Ethereum-based tokens left stranded after the shutdown of Swellchain, according to a report from The Defiant. The project said it recovered 72.77 million SWELL, 100.99 swETH, and 55.28 rswETH using a temporary bridge route on BNB Chain. Ethereum is a blockchain network where many crypto tokens exist. BNB Chain is another blockchain network. A bridge is a connection that lets tokens move between different blockchains. swETH and rswETH are tokens tied to Ethereum.
Key Points From The Report
- The project reported recovering 72.77 million SWELL tokens.
- The project reported recovering 100.99 swETH.
- The project reported recovering 55.28 rswETH.
- The recovery used a temporary BNB Chain bridge route.
What The Defiant Reports
The Defiant reported that Swell opened claims for Ethereum tokens stranded by the Swellchain shutdown. The report states that the tokens were recovered through a temporary BNB Chain bridge route.
What Is Confirmed
Based on the report from The Defiant, Swell opened claims for stranded Ethereum tokens after the Swellchain shutdown. The project reported recovering 72.77 million SWELL, 100.99 swETH, and 55.28 rswETH through a temporary BNB Chain bridge route.
What Is Still Unclear
The source does not provide a date for when Swellchain shut down or when the claims opened. It also does not explain how affected users can submit claims or whether there is a deadline to do so.
Why This Matters for Token Holders
People holding SWELL, swETH, or rswETH affected by the Swellchain shutdown may be able to recover their tokens through the newly opened claims process.
Sources
Newisty Editorial Team covers technology, cryptocurrency, digital products, online platforms, developer tools and the wider digital economy. Our content is researched from official sources, company announcements, public documentation, market data and other primary or reputable sources. Articles are reviewed and edited before publication for clarity, accuracy and useful context.