There is only oil in the final drive, the end bit that your wheel is bolted to
the swing arm is a hollow tube with the drive shaft (cardan) inside, there is no oil in there, the problem is water gets into the hollow swing arm and rusts the drive shaft up and the splines where it slides onto the final drive
there is no greasing of the splines in the standard service schedule but a lot of folks do it at least once as it’s fairly easy if your mechanically inclined
here’s a pic off the internet showing it open
View attachment 266237