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Swell: Bridge funding exceeds $120 million, mainly flowing in through the Stargate protocol

Swell: Bridge funding exceeds $120 million, mainly flowing in through the Stargate protocol

Bitget2024/12/22 07:07

Swell posted on X stating that its bridging funds have exceeded 120 million US dollars, with more capital flowing in. Major assets such as Ethena Labs' USDe, ether.fi's weETH and Swell's rswETH are moving at scale and speed. Most of the funds are transferred through the cross-chain liquidity protocol Stargate (supported by LayerZero technology).

2

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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