Swell told users to bridge assets off Swellchain by June 23 or risk leaving funds that may be unrecoverable. According to NS3.AI, the project previously announced a sunset plan on April 28 that set a June 15 withdrawal deadline, before later issuing the June 23 warning.
Swell said it decided to wind down the Layer 2 chain because slower restaking growth and cheaper Ethereum transactions reduced the rationale for continuing to operate Swellchain.
Swell Urges Users to Bridge Assets Off Swellchain by June 23 Ahead of Shutdown
2026-06-24 05:52:55
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
