Swell Opens Ethereum Claims for Tokens Stranded by Swellchain Shutdown

Swell has reopened Ethereum claims for SWELL, swETH and rswETH tokens stranded after the shutdown of its Swellchain network, recovering 72.77 million SWELL, 100.99 swETH and 55.28 rswETH via a temporary BNB Chain bridge route. The recovery lets affected users reclaim assets that were trapped when the liquid restaking protocol wound down its chain, restoring access to tokens held on the now-defunct network. The move matters because stranded-asset recoveries are closely watched as a test of operational credibility for restaking platforms winding down infrastructure, with implications for user trust and remaining TVL. Watch for the pace of claims processing, whether any residual assets remain unrecovered, and how Swell manages the final wind-down of Swellchain.