DeFi· ★★★· bearish·

Researchers flag Swell rate manipulation after Railway key-drain warning

  • —Researchers flagged inflated swETH and rswETH exchange rates
  • —The review followed a Railway cloud-platform key-drain warning
  • —The 2,513 ETH attributed to Swell is not a confirmed loss
Why it matters: Manipulated liquid-staking rates distort DeFi collateral valuations and can trigger cascading liquidations.
Source: The Defiant