swETH is a decentralized and non-custodial liquid staking token that allows users to earn staking rewards while maintaining liquidity over their Ethereum holdings. Unlike traditional staking models, swETH allows users to freely move their tokens across different DeFi protocols and exchanges, giving them the flexibility to trade, borrow, and lend as they would with any other Ethereum-based asset. By integrating swETH into existing DeFi protocols, users can benefit from staking rewards without being locked into a specific staking period. This innovative concept has the potential to revolutionize decentralized finance and is gaining popularity in the world of Ethereum staking.