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- 🎉 Gate Square Growth Points Summer Lucky Draw Round 1️⃣ 2️⃣ Is Live!
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Swell: Bridge funds exceed $120 million, mainly flowing in through Stargate protocol
Odaily Planet News reported that Swell announced on X that its bridge funds have exceeded 120 million US dollars, and more funds are flowing in. Major assets such as USDe from Ethena Labs, weETH from ether.fi, and rswETH from Swell are flowing at scale and speed. Most of the funds are flowing through the Stargate liquidity protocol (supported by LayerZero technology) via cross-chain transfers.