diff --git a/contracts/pricefeeds/RswETHExchangePriceFeed.sol b/contracts/pricefeeds/RswETHExchangePriceFeed.sol
new file mode 100644
index 000000000..4b48d9e3c
--- /dev/null
+++ b/contracts/pricefeeds/RswETHExchangePriceFeed.sol
@@ -0,0 +1,98 @@
+// SPDX-License-Identifier: BUSL-1.1
+pragma solidity 0.8.15;
+
+import "../vendor/swell/IRswETH.sol";
+import "../IPriceFeed.sol";
+
+/**
+ * @title rswETH Scaling price feed
+ * @notice A custom price feed that scales up or down the price received from an underlying rswETH / ETH exchange rate price feed and returns the result
+ * @author Compound
+ */
+contract RswETHExchangePriceFeed is IPriceFeed {
+    /** Custom errors **/
+    error InvalidInt256();
+    error BadDecimals();
+
+    /// @notice Version of the price feed
+    uint public constant VERSION = 1;
+
+    /// @notice Description of the price feed
+    string public description;
+
+    /// @notice Number of decimals for returned prices
+    uint8 public immutable override decimals;
+
+    /// @notice rswETH price feed where prices are fetched from
+    address public immutable underlyingPriceFeed;
+
+    /// @notice Whether or not the price should be upscaled
+    bool internal immutable shouldUpscale;
+
+    /// @notice The amount to upscale or downscale the price by
+    int256 internal immutable rescaleFactor;
+
+    /**
+     * @notice Construct a new rswETH scaling price feed
+     * @param rswETH The address of the rswETH to fetch prices from
+     * @param decimals_ The number of decimals for the returned prices
+     **/
+    constructor(address rswETH, uint8 decimals_, string memory description_) {
+        underlyingPriceFeed = rswETH;
+        if (decimals_ > 18) revert BadDecimals();
+        decimals = decimals_;
+        description = description_;
+
+        uint8 rswETHDecimals = 18;
+        // Note: Solidity does not allow setting immutables in if/else statements
+        shouldUpscale = rswETHDecimals < decimals_ ? true : false;
+        rescaleFactor = (shouldUpscale
+            ? signed256(10 ** (decimals_ -rswETHDecimals))
+            : signed256(10 ** (rswETHDecimals - decimals_))
+        );
+    }
+
+    /**
+     * @notice Price for the latest round
+     * @return roundId Round id from the underlying price feed
+     * @return answer Latest price for the asset in terms of ETH
+     * @return startedAt Timestamp when the round was started; passed on from underlying price feed
+     * @return updatedAt Timestamp when the round was last updated; passed on from underlying price feed
+     * @return answeredInRound Round id in which the answer was computed; passed on from underlying price feed
+     **/
+    function latestRoundData() override external view returns (
+        uint80 roundId,
+        int256 answer,
+        uint256 startedAt,
+        uint256 updatedAt,
+        uint80 answeredInRound
+    ) {
+        uint256 rate = IRswETH(underlyingPriceFeed).rswETHToETHRate();
+        // protocol uses only the answer value. Other data fields are not provided by the underlying pricefeed and are not used in Comet protocol
+        // https://etherscan.io/address/0x387dBc0fB00b26fb085aa658527D5BE98302c84C#readProxyContract
+        return (1, scalePrice(signed256(rate)), block.timestamp, block.timestamp, 1);
+    }
+
+    function signed256(uint256 n) internal pure returns (int256) {
+        if (n > uint256(type(int256).max)) revert InvalidInt256();
+        return int256(n);
+    }
+
+    function scalePrice(int256 price) internal view returns (int256) {
+        int256 scaledPrice;
+        if (shouldUpscale) {
+            scaledPrice = price * rescaleFactor;
+        } else {
+            scaledPrice = price / rescaleFactor;
+        }
+        return scaledPrice;
+    }
+
+    /**
+     * @notice Price for the latest round
+     * @return The version of the price feed contract
+     **/
+    function version() external pure returns (uint256) {
+        return VERSION;
+    }
+}
diff --git a/contracts/vendor/swell/IRswETH.sol b/contracts/vendor/swell/IRswETH.sol
new file mode 100644
index 000000000..fb06deec9
--- /dev/null
+++ b/contracts/vendor/swell/IRswETH.sol
@@ -0,0 +1,6 @@
+// SPDX-License-Identifier: MIT
+pragma solidity ^0.8.0;
+
+interface IRswETH {
+  function rswETHToETHRate() external view returns (uint256);
+}