diff --git a/packages/euler-v2-sdk/src/services/executionService/simulate.ts b/packages/euler-v2-sdk/src/services/executionService/simulate.ts
index 635d744..23e37ca 100644
--- a/packages/euler-v2-sdk/src/services/executionService/simulate.ts
+++ b/packages/euler-v2-sdk/src/services/executionService/simulate.ts
@@ -89,6 +89,13 @@ const REWARD_STREAM_CLAIM_SELECTOR = toFunctionSelector(
 const REUL_UNLOCK_SELECTOR = toFunctionSelector(
 	"function withdrawToByLockTimestamp(address,uint256,bool)",
 );
+// Swap verifier call used by wallet-receiving swaps (withdraw/redeem/wallet
+// swaps): the swapped-in `asset` is transferred to the wallet. Its balance must
+// be snapshotted so the swap output is visible to the wallet-balance display and
+// to later wallet-sourced operations.
+const SWAP_VERIFY_TRANSFER_SELECTOR = toFunctionSelector(
+	"function verifyAmountMinAndTransfer(address,address,uint256,uint256)",
+);
 import {
 	Account,
 	type IAccount,
@@ -149,6 +156,7 @@ import type {
 } from "../vaults/vaultMetaService/index.js";
 import type { IWalletService } from "../walletService/index.js";
 import { ethereumVaultConnectorAbi } from "./abis/ethereumVaultConnectorAbi.js";
+import { swapVerifierAbi } from "./abis/swapVerifierAbi.js";
 import type {
 	BatchItemDescription,
 	EVCBatchItem,
@@ -703,6 +711,31 @@ function collectClaimWalletBalanceTokens(batch: EVCBatchItem[]): Address[] {
 	return [...tokens];
 }
 
+// Tokens a swap deposits straight into the wallet. A wallet-receiving swap
+// (withdraw/redeem/wallet swap) ends with `verifyAmountMinAndTransfer(asset, …)`,
+// transferring the swapped-in `asset` to the owner. That token is otherwise
+// invisible to balance discovery — it is neither a touched vault's underlying nor
+// a debited (requiredApproval) token — so its balance never gets snapshotted.
+function collectSwapWalletBalanceTokens(batch: EVCBatchItem[]): Address[] {
+	const tokens = new Set<Address>();
+
+	for (const item of batch) {
+		if (getSelector(item.data) !== SWAP_VERIFY_TRANSFER_SELECTOR) continue;
+		try {
+			const decoded = decodeFunctionData({
+				abi: swapVerifierAbi,
+				data: item.data,
+			});
+			if (decoded.functionName !== "verifyAmountMinAndTransfer") continue;
+			addWalletToken(tokens, decoded.args[0] as Address);
+		} catch {
+			// Unknown or malformed verifier calldata should not block simulation.
+		}
+	}
+
+	return [...tokens];
+}
+
 // Decode the lens-read block for a single layer into a populated Account plus
 // the EVault/EulerEarn entities observed at that point in the batch.
 async function decodeAccountSnapshot<
@@ -1232,6 +1265,9 @@ async function buildSimulationBatch(
 		for (const token of collectClaimWalletBalanceTokens(batch)) {
 			addWalletToken(assetTokens, token);
 		}
+		for (const token of collectSwapWalletBalanceTokens(batch)) {
+			addWalletToken(assetTokens, token);
+		}
 
 		const unlockItems = batch.filter(
 			(item) => getSelector(item.data) === REUL_UNLOCK_SELECTOR,
diff --git a/packages/euler-v2-sdk/test/simulate.test.ts b/packages/euler-v2-sdk/test/simulate.test.ts
index 3050b98..38b4ea0 100644
--- a/packages/euler-v2-sdk/test/simulate.test.ts
+++ b/packages/euler-v2-sdk/test/simulate.test.ts
@@ -608,6 +608,36 @@ test("simulateTransactionPlan tracks Merkl claim reward tokens", async () => {
 	assert.ok(reads.has(getAddress(TOKEN)));
 });
 
+test("simulateTransactionPlan tracks swap-verifier wallet output tokens", async () => {
+	const plan: TransactionPlan = [
+		{
+			type: "evcBatch",
+			items: [
+				{
+					type: "operation",
+					name: "withdrawAndSwap",
+					items: [
+						{
+							targetContract: TARGET,
+							onBehalfOfAccount: ACCOUNT,
+							value: 0n,
+							data: encodeFunctionData({
+								abi: swapVerifierAbi,
+								functionName: "verifyAmountMinAndTransfer",
+								args: [TOKEN, ACCOUNT, 1n, 9999999999n],
+							}),
+						},
+					],
+				},
+			],
+		},
+	];
+
+	const reads = await simulateAndCollectWalletBalanceReads(plan);
+
+	assert.ok(reads.has(getAddress(TOKEN)));
+});
+
 test("simulateTransactionPlan tracks EUL balance for rEUL unlocks", async () => {
 	const eulToken = getAddress("0x0000000000000000000000000000000000000017");
 	const plan: TransactionPlan = [