diff --git a/projects/swell-swbtc/index.js b/projects/swell-swbtc/index.js
new file mode 100644
index 000000000000..a419de3aeea2
--- /dev/null
+++ b/projects/swell-swbtc/index.js
@@ -0,0 +1,20 @@
+const ADDRESSES = require('../helper/coreAssets.json')
+
+const WBTC = ADDRESSES.ethereum.WBTC;
+const swBTC = '0x8DB2350D78aBc13f5673A411D4700BCF87864dDE'
+
+async function tvl(api) {
+    const totalSupply = await api.call({ target: swBTC, abi: 'uint256:totalSupply'});
+    const rate = await api.call({ target: swBTC, abi: 'uint256:pricePerShare'});
+    
+    return {
+      [WBTC]: (totalSupply * rate)/1e8
+    };
+}
+
+module.exports = {
+    doublecounted: true,
+    ethereum: {
+        tvl,
+    },
+}
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