Logo of Moonwell Lending

Moonwell Lending(WELL)

Total Value Locked$13.04m

TVL by Chain

Base$11.24m

OP Mainnet$1.18m

Ethereum$623,223

Moonbeam$0

Key Metrics

Fees 30d$128,549
Fees 30d by chain

Base$121,960

OP Mainnet$3,458

Ethereum$3,131

Fees 7d$29,222

Base$27,081

OP Mainnet$1,310

Ethereum$831

Fees 24h$3,811

Base$3,711

OP Mainnet$65

Ethereum$35

Cumulative Fees$23.99m

Base$21.05m

OP Mainnet$2.19m

Moonbeam$667,276

Moonriver$75,279

Ethereum$14,352

Revenue 30d$21,826
Revenue 30d by chain

Base$20,796

OP Mainnet$580.26

Ethereum$448.03

Revenue 7d$5,007

Base$4,573

OP Mainnet$293.44

Ethereum$140.32

Revenue 24h$625

Base$611

OP Mainnet$8.77

Ethereum$5.27

Cumulative Revenue$5.13m

Base$4.51m

OP Mainnet$349,693

Moonbeam$250,140

Moonriver$25,596

Ethereum$1,918

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$12,125
Collateral Liquidated 30d by chain

OP Mainnet$7,410

Base$2,962

Ethereum$1,753

Collateral Liquidated 7d$11,932

OP Mainnet$7,391

Base$2,788

Ethereum$1,753

Collateral Liquidated 24h$242

Base$239

OP Mainnet$3.48

Ethereum$0

Cumulative Collateral Liquidated$12,367

OP Mainnet$7,413

Base$3,201

Ethereum$1,753

Staked$1.9m

Active Loans$16.24m

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 GitHubCollateral Liquidated: Total USD value of collateral seized in Moonwell LiquidateBorrow events, converted from mToken units to underlying via exchangeRateStored.View code on GitHub

Yields

Pools Tracked32

Average Supply APY1.73%

User Activity

Active Addresses (24h)188

Transactions (24h)391

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 $13.04m in total value locked. TVL has decreased 20.9% over the past 30 days.

What chains does Moonwell Lending operate on?

Moonwell Lending operates on 5 chains: Base, OP Mainnet, Ethereum, Moonbeam, and Moonriver. Base holds the largest share at 86.2%.

How much has Moonwell Lending generated in fees and revenue?

Over the past 30 days, Moonwell Lending generated $128,549 in fees. Of that, $21,826 was protocol revenue. Based on the trailing year, the annualized rate is $6.38m in fees and $1.54m in revenue.

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

Among Lending protocols tracked by DefiLlama, Moonwell Lending ranks #54 by TVL. The category holds $53.048b across 519 protocols, and Moonwell Lending accounts for <0.1% of that total. Other leading 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?

Moonwell Lending currently has $16.24m 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.