On September 15, according to Dune data, swBTC, the Bitcoin liquidity re-collateralization token launched by Swell, had a TVL of more than 30 million US dollars within 10 days of its launch and had more than 560 independent holding addresses.
Currently, a large amount of swBTC supply has entered major DeFi protocols such as Curve and Morpho, accounting for 8%. In addition, Swell is developing L2, and users have deposited 68% of the swBTC supply, waiting for its launch.
