Swell suspends swETH and rswETH deposits and withdrawals

Restaking protocol Swell announced that it is currently working with security partners and Seal911 to fully secure its infrastructure, and has suspended deposits and withdrawals for swETH and rswETH. The next step to restore normal operations is to adjust the Net Asset Value (NAV) back to its correct level, after which deposits and withdrawals will be reopened. Swell emphasized that all funds remain secure and that it is collaborating with its security team to advance the restoration efforts. Users are advised to stay vigilant, guard against phishing risks, and rely solely on official channels for information.