# Sanctumso Launches swSOL as an Alternative to Wrapped SOL

By Simon Yoon

Canonical URL: https://www.tokenpost.com/news/technology/28900
Published: 2026-10-09T11:34:58.000Z
Updated: 2026-10-09T11:34:58.000Z
Section: Technology

> The token maintains 1:1 redemption with SOL and directs staking returns to integrated protocols. The launch targets approximately $2.2 billion in inactive wSOL.

Sanctumso launched swSOL as an alternative to SOL and wrapped SOL (wSOL), with a 1:1 redemption rate against SOL and staking returns paid to integrated protocols.

The token maintains a 1:1 redemption rate with SOL. The launch targets approximately $2.2 billion in inactive wSOL and is intended to support liquidity and staking activity in the Solana ecosystem.

Staking returns generated through swSOL are paid to integrated protocols.