Total Value Locked$11.4m
TVL by Chain
Base$10.01m
Ethereum$700,216
OP Mainnet$693,631
Moonbeam$0
Key Metrics
Fees 30d$136,763
Fees 30d by chain
Base$130,312
Ethereum$3,264
OP Mainnet$3,187
Fees 7d$36,271
Base$35,320
Ethereum$799
OP Mainnet$152.11
Fees 24h$3,751
Base$3,726
OP Mainnet$25
Ethereum$0
Cumulative Fees$24.04m
Base$21.09m
OP Mainnet$2.19m
Moonbeam$667,276
Moonriver$75,279
Ethereum$15,393
Revenue 30d$25,299
Revenue 30d by chain
Base$24,277
OP Mainnet$555.65
Ethereum$464.14
Revenue 7d$7,609
Base$7,472
Ethereum$106.95
OP Mainnet$29.81
Revenue 24h$524
Base$520
OP Mainnet$3.80
Ethereum$0
Cumulative Revenue$5.14m
Base$4.52m
OP Mainnet$349,735
Moonbeam$250,140
Moonriver$25,596
Ethereum$2,056
Holders Revenue 30d$0
Holders Revenue 30d by chain
Base$0
Ethereum$0
OP Mainnet$0
Holders Revenue 7d$0
Base$0
Ethereum$0
OP Mainnet$0
Holders Revenue 24h$0
Base$0
Ethereum$0
OP Mainnet$0
Cumulative Holders Revenue$10,226
Base$9,610
Moonbeam$547
Moonriver$69
Ethereum$0
OP Mainnet$0
Collateral Liquidated 30d$138,662
Collateral Liquidated 30d by chain
Base$129,212
OP Mainnet$7,692
Ethereum$1,758
Collateral Liquidated 7d$115,127
Base$114,844
OP Mainnet$277.53
Ethereum$5.08
Collateral Liquidated 24h$144
Base$144
Ethereum$0
OP Mainnet$0
Cumulative Collateral Liquidated$138,806
Base$129,356
OP Mainnet$7,692
Ethereum$1,758
Staked$1.64m
Active Loans$15.71m
Total Raised$10m
Mar 18, 2022$10mRound: Private token saleInvestors: Arrington XRP Capital, Hypersphere Ventures, Haun Ventures, Lemniscap, C Squared, Mirana Ventures, nfr, Woodstock, Robot Ventures, Signum Capital, Charterhouse Strategic Partners, KeyChain Capital, FMFW
Protocol Information
Moonwell is an open lending and borrowing DeFi protocol on Base, Optimism, Moonbeam & Moonriver.
Audits:
Methodology
TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Total interest paid by borrowersView code on GitHubRevenue: Protocol's share of interest treasuryView code on GitHubHolders Revenue: No revenue for WELL holders.View code on GitHubCollateral Liquidated: Total USD value of collateral seized in Moonwell LiquidateBorrow events, converted from mToken units to underlying via exchangeRateStored.View code on GitHubYields
Pools Tracked31
Average Supply APY0.57%
User Activity
Active Addresses (24h)166
Transactions (24h)313
Hacks
Date: Nov 4, 2025
Amount: $1m
Classification: Oracle Manipulation
Technique: Spot Price Manipulation
Chains: Base, Optimism
Language: Solidity
Target Type: DeFi Protocol
Date: Feb 15, 2026
Amount: $1.78m
Classification: Oracle Manipulation
Technique: Oracle Misconfiguration
Chains: Base
Language: Solidity
Target Type: DeFi Protocol
Date: Aug 27, 2026
Amount: $8.7m
Classification: Oracle Manipulation
Technique: Spot Price Manipulation
Chains: Base
Language: Solidity
Target Type: DeFi Protocol
Competitors
Moonwell Lending history
TVL is the default DefiLlama definition, which excludes Active Loans and Staking. Daily values are UTC snapshots from Jun 22, 2022 to Oct 20, 2026.
All-time high TVL: $236.32m on Dec 17, 2024. All-time low TVL: $43 on Jun 22, 2022.
Daily TVL, Sep 21, 2026 to Oct 20, 2026
| Date | TVL |
|---|---|
| Sep 21, 2026 | $15.68m |
| Sep 22, 2026 | $16.58m |
| Sep 23, 2026 | $14.21m |
| Sep 24, 2026 | $13.9m |
| Sep 25, 2026 | $14.2m |
| Sep 26, 2026 | $14m |
| Sep 27, 2026 | $14.33m |
| Sep 28, 2026 | $14.2m |
| Sep 29, 2026 | $13.56m |
| Sep 30, 2026 | $13.3m |
| Oct 1, 2026 | $13.4m |
| Oct 2, 2026 | $13.35m |
| Oct 3, 2026 | $13.31m |
| Oct 4, 2026 | $13.49m |
| Oct 5, 2026 | $13.78m |
| Oct 6, 2026 | $13.54m |
| Oct 7, 2026 | $13.35m |
| Oct 8, 2026 | $12.85m |
| Oct 9, 2026 | $12.64m |
| Oct 10, 2026 | $12.63m |
| Oct 11, 2026 | $13.12m |
| Oct 12, 2026 | $12.68m |
| Oct 13, 2026 | $12.11m |
| Oct 14, 2026 | $12.39m |
| Oct 15, 2026 | $12.07m |
| Oct 16, 2026 | $12.31m |
| Oct 17, 2026 | $11.99m |
| Oct 18, 2026 | $11.8m |
| Oct 19, 2026 | $11.67m |
| Oct 20, 2026 | $11.19m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $194.13m |
| Dec 31, 2024 | $180.48m |
| Jan 31, 2025 | $176.17m |
| Feb 28, 2025 | $125.62m |
| Mar 31, 2025 | $109.4m |
| Apr 30, 2025 | $132.26m |
| May 31, 2025 | $160.16m |
| Jun 30, 2025 | $167.16m |
| Jul 31, 2025 | $200.95m |
| Aug 31, 2025 | $198.69m |
| Sep 30, 2025 | $181.66m |
| Oct 31, 2025 | $160.03m |
| Nov 30, 2025 | $97.98m |
| Dec 31, 2025 | $82.86m |
| Jan 31, 2026 | $79.67m |
| Feb 28, 2026 | $49.1m |
| Mar 31, 2026 | $46.14m |
| Apr 30, 2026 | $46.93m |
| May 31, 2026 | $48m |
| Jun 30, 2026 | $47.47m |
| Jul 31, 2026 | $46.37m |
| Aug 31, 2026 | $25.98m |
| Sep 30, 2026 | $13.3m |
| Oct 20, 2026 (latest) | $11.19m |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $29.59m |
| Dec 31, 2023 | $51m |
| Dec 31, 2024 | $180.48m |
| Dec 31, 2025 | $82.86m |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $1.4m | $241,221 | $0 |
| Dec 2024 | $2.06m | $377,006 | $0 |
| Jan 2025 | $1.73m | $331,156 | $0 |
| Feb 2025 | $1.7m | $418,846 | $0 |
| Mar 2025 | $670,330 | $136,928 | $0 |
| Apr 2025 | $744,170 | $166,006 | $0 |
| May 2025 | $737,849 | $124,028 | $0 |
| Jun 2025 | $795,158 | $132,761 | $0 |
| Jul 2025 | $821,717 | $121,863 | $0 |
| Aug 2025 | $1.34m | $266,511 | $0 |
| Sep 2025 | $953,291 | $169,221 | $0 |
| Oct 2025 | $2.16m | $557,294 | $0 |
| Nov 2025 | $836,971 | $180,067 | $0 |
| Dec 2025 | $312,284 | $60,901 | $0 |
| Jan 2026 | $412,097 | $99,793 | $0 |
| Feb 2026 | $1.29m | $356,428 | $0 |
| Mar 2026 | $219,214 | $55,774 | $0 |
| Apr 2026 | $196,096 | $50,486 | $0 |
| May 2026 | $130,921 | $29,047 | $0 |
| Jun 2026 | $201,182 | $44,796 | $0 |
| Jul 2026 | $145,894 | $23,361 | $0 |
| Aug 2026 | $375,422 | $64,885 | $0 |
| Sep 2026 | $272,726 | $38,512 | $0 |
| Oct 2026 (to date) | $88,852 | $16,422 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/moonwell-lending
Frequently asked questions
What is Moonwell Lending's TVL?
As of Oct 20, 2026, Moonwell Lending has $11.4m in total value locked. TVL has decreased 26.7% over the past 30 days.
What chains does Moonwell Lending operate on?
Moonwell Lending operates on 5 chains: Base, Ethereum, OP Mainnet, Moonbeam, and Moonriver. Base holds the largest share at 87.8%.
How much has Moonwell Lending generated in fees and revenue?
Over the past 30 days, Moonwell Lending generated $136,763 in fees. Of that, $25,299 was protocol revenue. Based on the trailing year, the annualized rate is $4.72m in fees and $1.06m in revenue.
How does Moonwell Lending's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Moonwell Lending ranks #56 by TVL. The category holds $51.792b across 515 protocols, and Moonwell Lending accounts for <0.1% of that total. Similar protocols include WePiggy, Impermax V2, Prime Protocol, Aave V3, Morpho Blue, Compound V3, Venus Core Pool, Exactly, Unitus, and OmniBTC.
How much has been borrowed through Moonwell Lending?
As of Oct 20, 2026, Moonwell Lending has $15.71m in active loans.
Has Moonwell Lending ever been exploited?
Moonwell Lending has 3 recorded security incidents. The most recent incident occurred on Aug 27, 2026 and involved $8.7m. It was classified as Oracle Manipulation.

