Swell Activates L2 Devnet

Following months of research and development, we have successfully launched the Swell L2 Devnet!

The Devnet is a permissionless network for testing the core functionality of Swell L2, and provides a secure sandbox environment for the initial growth of Swell's DeFi ecosystem.

Please note that the Devnet is not incentivized.

Calling all builders

The first wave of Swell L2 builders are now invited to deploy their dApps on the Devnet for the purposes of testing, identifying potential issues, and fine-tuning the Swell L2 experience without impacting real users or assets.

In addition, the Devnet provides an opportunity for developers to influence the L2 roadmap and forge relationships with other genesis projects in the fledgling ecosystem.

Why Swell L2?

Swell L2 — the restaking yield layer — will be the hub for restaked assets on the Optimism Superchain. The network is built on the OP Stack and powered by a unique Proof of Restake (PoR) incentive mechanism.

Proof of Restake uses liquid restaked assets to secure the infrastructure providing key infrastructure and services, which in turn secure the chain. This maximizes the capital efficiency of staked assets, and sets a unique flywheel in motion to drive growth, liquidity, and the creation of a unique DeFi ecosystem.

What’s next?

The Devnet launch represents the first concrete step towards realizing the vision of Swell L2.

Next up, the Swell L2 mainnet will introduce real assets and app deployments.

If you’re interested in deploying on Swell L2, please reach out to us .