Swell is investigating unusual activity in its swETH and rswETH token contracts but confirms no Ether has been withdrawn from these contracts so far. The restaking protocol is collaborating with security partners and taking preventive actions while reviewing the situation. An on-chain analyst flagged a potential leak of Swell DAO administrator keys and identified risky upgrade contracts that could threaten about 2,500 ETH, though no confirmed theft has occurred. Swell reassures users that no immediate action is needed and continues its security review.
The story on Swell's investigation into swETH and rswETH contracts is presented here with Pluang's market data for context. For readers following major cryptocurrencies, breadth was 4 gainers and 45 losers out of 50 priced assets. Notable movers included SUSHI at Rp3.837 with a 7.15% decline and 72% sell order activity, ALGO at Rp1.921 down 7.11% with 80% buy orders, and VET at Rp126 falling 6.95% with balanced order activity. These figures are as of Oct 23, 2026 01:02 WIB.
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