XSWL is Chinese slang meaning basically the same thing as LMAO.
It's comprised of the characters 笑(xiào)死(sǐ)我(wǒ)了(le)
A texting conversation
Person1: Ever since he feel into the bin last year everyone's been calling him bin boy.
Person2: xswl
Person2: So funny
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It's a word which'laughed me to death'. This is a word from China, it comes from the Chinese Hanyu Pinyin, and since Hanyu Pinyin uses English, XSWL is the initial letter of each Chinese character Hanyu Pinyin.
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