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Scores/Swell

Swell

TEMPERED

Liquid Restaking · Ethereum · $1B+ TVL · 10 contracts

Official site: swellnetwork.io ↗

732
3004756508251000
Confidence65%
Z-Factor0.70
Updated 2026-05-27Public score

Security Profile

Access Ctrl
72
Economic
70
Oracle
72
Compos.
60
Govern.
52
Maturity
52
Resilience
50
Supply Ch.
75
OpSec
46
Cascade
89
Min
46
Avg
64
Max
89

Audit History

Sigma Prime
2023-10
Mixbytes
2023-12

Bug Bounty Program

$250,000
Max payout on Immunefi
View Program

Assessment

Liquid staking/restaking protocol (28 months for swETH). D5 moderate (52) for early governance. D6 moderate (52) for growing maturity. EigenLayer restaking dependency adds compositional risk (D4=60). Dual-product model increases surface area.

Dimension Breakdown

Methodology
Access Control
Weight 18% · 70% confidence
72
+18Admin controls staking parameters
+18swETH/rswETH minting permissionless
+18Restaking module with EigenLayer integration
+18Node operator whitelist
Provenance
Economic Soundness
Weight 13% · 68% confidence
70
+18Liquid staking derivative (swETH) with restaking option (rswETH)
+18EigenLayer restaking adds yield but also risk
+18Withdrawal mechanism functional
+18Dual-product economics (staking + restaking)
Provenance
Oracle Integrity
Weight 13% · 68% confidence
72
+18Internal oracle for swETH/rswETH exchange rates
+18Chainlink feeds for external pricing
+18Rate update bounded by sanity checks
+18Standard oracle integration
Provenance
Battle-Tested Maturity
Weight 12% · 60% confidence
52
+13swETH live since early 2023 (~28 months)
+13rswETH restaking newer (~18 months)
+13Moderate production history
+13Z-factor: 0.824
Provenance
Governance & Upgradeability
Weight 10% · 60% confidence
52
+17SWELL token governance, still early
+17Admin controls key parameters
+17Governance decentralization in progress
Provenance
Adversarial Resilienceredacted
Weight 10% · 30% confidence
50
  • Maximum resilience under independent adversarial testing
  • Comprehensive security coverage across all attack surfaces
  • Active bounty program incentivizes continuous scrutiny
  • No validated adversarial findings — score set to neutral baseline
Provenance
Operational Security
Weight 10% · 35% confidence
46
-54No branch protection detected
+12No CI/CD pipeline detected
+12Minimal development activity (0 commits/month)
+12No CI pipeline for deployment verification
Provenance
Compositional Risk
Weight 5% · 65% confidence
60
+15swETH/rswETH integration across DeFi
+15EigenLayer restaking dependency
+15Multiple yield strategies compound risk
+15Moderate composition surface expanding with restaking
Provenance
Cascade Exposure
Weight 5% · 60% confidence
89
+30Appears in 2 cross-protocol cascade chain(s)
+30Member of 4 dependency cluster(s)
+30Source: cross_protocol_composition.json dependency analysis
Provenance
Supply Chain
Weight 4% · 70% confidence
75
+19Standard Solidity with OpenZeppelin
+19EigenLayer SDK integration
+19Modern compiler versions
+19Standard dependency management
Provenance

Top Score Drivers

Dimensions with the greatest marginal impact on BRI.

Battle-Tested Maturity
52+35.3 potential
swETH live since early 2023 (~28 months)
Operational Security
46+34.9 potential
No branch protection detected
Adversarial Resilience
50+31 potential
Governance & Upgradeability
52+29.2 potential
SWELL token governance, still early
Access Control
72+26.3 potential
Admin controls staking parameters

Adversarial Risk Signals

Publicly verifiable security posture indicators.

Disclosure HistoryNot Assessed
Remediation VelocityNot Assessed
Bug Bounty ProgramNot Assessed
Audit CoverageNot Assessed
Incident HistoryNot Assessed
Deployed 2023-04-0110 dimensionsProvenance Ledger
methodology v2.1formula v1.1weights v1.1evidence sha256:sha256:8...

Score History & Verification

Score provenance tracking begins with the next reassessment.

Full provenance ledger

On-Chain Data

Protocol Slug
"swell"
Oracle
BRORegistry (Base)
Evidence
IPFS (pinned)
Staleness Threshold
24 hours
Read Score
registry.getScore("swell")
Reduce exploitable risk

Continuous adversarial analysis, vulnerability detection, and verified reassessment.

View PlansMethodology

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