3 Way Swivels, Based around the barrel swivel, the three-way swivel features a third central eye that comes out of the main body. The three-way swivel is useful for attaching a hook length to the middle eye with the mainline and lead coming off the first and second eye, a great choice when live baiting. They are also useful when lure fishing, with the middle eye ideal for attaching a lead with the hook length to the lure coming off the second eye. A versatile swivel that can be used for all manner of fishing setups.