Logo of Moonwell LendingMoonwell Lending(WELL)
Total Value Locked$26.91m

TVL by Chain

Base$24.24m

OP Mainnet$1.48m

Ethereum$1.19m

Moonbeam$0

Key Metrics

Fees (Annualized)$7.22m
Fees 30d$323,440

Base$313,654

Ethereum$5,572

OP Mainnet$4,209

Moonbeam$5.28

Moonriver$0

Fees 7d$206,321

Base$203,458

Ethereum$1,680

OP Mainnet$1,183

Fees 24h$40,186

Base$40,035

OP Mainnet$106

Ethereum$45

Cumulative Fees$23.66m

Base$20.73m

OP Mainnet$2.18m

Moonbeam$667,276.03

Moonriver$75,280

Ethereum$10,306

Revenue (Annualized)$1.69m
Revenue 30d$59,050

Base$57,896

Ethereum$643.75

OP Mainnet$507.45

Moonbeam$3.76

Moonriver$0

Revenue 7d$39,871

Base$39,555

Ethereum$190

OP Mainnet$126.38

Revenue 24h$4,552

Base$4,535

OP Mainnet$11

Ethereum$6.32

Cumulative Revenue$5.09m

Base$4.46m

OP Mainnet$348,914.27

Moonbeam$250,135.83

Moonriver$25,594

Ethereum$1,347.25

Holders Revenue (Annualized)$0
Holders Revenue 30d$0

Base$0

Ethereum$0

Moonbeam$0

Moonriver$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

Staked$3.29m

Active Loans$35m

$WELL Liquidity$17.37m

Aerodrome V1$16.93m

Aerodrome Slipstream$248,125

Velodrome V2$190,266

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.

Category:Lending

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 GitHub

Yields

Pools Tracked36

Average Supply APY15.29%

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

Frequently Asked Questions

What is Moonwell Lending's TVL?

Moonwell Lending currently has $26.91m in total value locked. TVL has decreased 42% over the past 30 days.

What chains does Moonwell Lending operate on?

Moonwell Lending operates on 4 chains: Moonbeam, Base, Ethereum, and OP Mainnet. Base holds the largest share at 90.1%.

How much has Moonwell Lending generated in fees and revenue?

Over the past 30 days, Moonwell Lending generated $323,440 in fees. Of that, $59,050 was protocol revenue. Based on the trailing year, the annualized rate is $7.22m in fees and $1.69m in revenue.

How does Moonwell Lending's TVL compare to similar protocols?

Among Lending protocols tracked by DefiLlama, Moonwell Lending ranks #45 by TVL. The category holds $49.943b across 515 protocols, and Moonwell Lending accounts for 0.1% of that total. Other leading protocols include Prime Protocol, Aave V3, Morpho Blue, Compound V3, Venus Core Pool, Exactly, Unitus, OmniBTC, Silo V1, and WePiggy.

How much has been borrowed through Moonwell Lending?

Moonwell Lending currently has $35m 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.