Lido's wstETH has been launched on Swellchain

2025-05-14 12:51

According to Foresight News, Lido Protocol's wstETH (Encapsulated Pledged ETH) has now been launched on the Layer 2 Swellchain built on the OP Stack, providing more opportunities for stakers to use and value wstETH tokens on multiple chains. Swellchain is a Layer 2 chain built on the OP Stack, specifically designed for liquidity staking and re staking. It aims to extend the security of Ethereum through EigenLayer re staking, while utilizing infrastructure validated by the OP Stack for transaction processing and scaling.

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