Swell: Bridge funds exceed $120 million, mainly through the Stargate protocol
Swell wrote on X that its bridging funds have exceeded $120 million, and there are more inflows.
Major assets, such as Ethena Labs' USDe, ether.fi's weETH, and Swell's rswETH, are flowing at scale and speed. Most of the money is flowing in through Stargate, a full-chain transport liquidity protocol (powered by LayerZero technology).