Logo of Moonwell LendingMoonwell Lending(WELL)
Total Value Locked$42.97m

TVL by Chain

Base$39.37m

Ethereum$2.07m

OP Mainnet$1.42m

Moonbeam$109,145.38

Key Metrics

Fees (Annualized)$7.88m
Fees 30d$150,318

Base$137,973

Ethereum$5,683

Moonriver$3,889

OP Mainnet$2,592

Moonbeam$181.03

Fees 7d$32,495

Base$31,069

Ethereum$793

OP Mainnet$633

Moonbeam$0

Moonriver$0

Fees 24h$4,828

Base$4,393

Ethereum$301

OP Mainnet$134

Moonbeam$0

Moonriver$0

Cumulative Fees$23.37m

Base$20.41m

OP Mainnet$2.18m

Moonbeam$686,626.03

Moonriver$79,151

Ethereum$6,777

Revenue (Annualized)$1.84m
Revenue 30d$22,441

Base$19,873

Moonriver$1,360

Ethereum$797.17

OP Mainnet$305.89

Moonbeam$103.83

Revenue 7d$4,839

Base$4,683

Ethereum$90.99

OP Mainnet$65.62

Moonbeam$0

Moonriver$0

Revenue 24h$709

Base$656

Ethereum$39

OP Mainnet$14

Moonbeam$0

Moonriver$0

Cumulative Revenue$5.04m

Base$4.4m

OP Mainnet$348,497.89

Moonbeam$256,148.83

Moonriver$27,074

Ethereum$940.17

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

Moonbeam$0

Moonriver$0

OP Mainnet$0

Holders Revenue 24h$0

Base$0

Ethereum$0

Moonbeam$0

Moonriver$0

OP Mainnet$0

Cumulative Holders Revenue$177,019

Base$163,347

Moonbeam$12,227

Moonriver$1,445

Ethereum$0

OP Mainnet$0

Staked$3.73m

Active Loans$31.8m

$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 APY3.78%

Hacks

Date: Nov 4, 2025

Amount: $1m

Classification: Protocol Logic

Technique: Oracle Price Feed Manipulation

Chains: Base, Optimism

Language: Solidity

Target Type: DeFi Protocol

Date: Feb 15, 2026

Amount: $1.78m

Classification: Protocol Logic

Technique: cbETH Collateral Exploit

Chains: Base

Language: Solidity

Target Type: DeFi Protocol

Competitors

Frequently Asked Questions

What is Moonwell Lending?

Moonwell is an open lending and borrowing DeFi protocol on Base, Optimism, Moonbeam & Moonriver.

What is Moonwell Lending's TVL?

Moonwell Lending currently has $42.97m in total value locked. TVL has decreased 16.9% over the past 30 days.

What chains does Moonwell Lending operate on?

Moonwell Lending operates on 4 chains: Base, Ethereum, Moonbeam, and OP Mainnet. Base holds the largest share at 91.6%.

How much has Moonwell Lending generated in fees and revenue?

Over the past 30 days, Moonwell Lending generated $150,318 in fees. Of that, $22,441 was protocol revenue. Based on the trailing year, the annualized rate is $7.88m in fees and $1.84m in revenue.

How much has been borrowed through Moonwell Lending?

Moonwell Lending currently has $31.8m in active loans.

Has Moonwell Lending ever been exploited?

Moonwell Lending has 2 recorded security incidents. The most recent incident occurred on Feb 15, 2026 and involved $1.78m. It was classified as Protocol Logic.