Logo of Moonwell LendingMoonwell Lending(WELL)
Total Value Locked$43.1m

TVL by Chain

Base$39.72m

Ethereum$1.89m

OP Mainnet$1.38m

Moonbeam$106,557.72

Key Metrics

Fees (Annualized)$8.14m
Fees 30d$143,777

Base$126,915

Moonriver$8,772

Ethereum$5,225

OP Mainnet$2,588

Moonbeam$277.03

Fees 7d$29,936

Base$27,496

Ethereum$1,736

OP Mainnet$610

Moonbeam$94.2

Moonriver$0

Fees 24h$4,153

Base$3,477

Ethereum$608

OP Mainnet$68

Moonbeam$0

Moonriver$0

Cumulative Fees$23.33m

Base$20.38m

OP Mainnet$2.18m

Moonbeam$686,626.03

Moonriver$79,151

Ethereum$6,291

Revenue (Annualized)$1.89m
Revenue 30d$22,937

Base$18,645

Moonriver$3,069

Ethereum$751.18

OP Mainnet$312.27

Moonbeam$159.83

Revenue 7d$4,359

Base$4,028

Ethereum$200

OP Mainnet$91.03

Moonbeam$39.7

Moonriver$0

Revenue 24h$826

Base$754

Ethereum$65

OP Mainnet$6.95

Moonbeam$0

Moonriver$0

Cumulative Revenue$5.03m

Base$4.4m

OP Mainnet$348,425.22

Moonbeam$256,148.83

Moonriver$27,074

Ethereum$875.18

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$3.56m

Active Loans$31.37m

$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 APY1.45%

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 $43.1m in total value locked. TVL has decreased 15.8% over the past 30 days.

What chains does Moonwell Lending operate on?

Moonwell Lending operates on 4 chains: Base, OP Mainnet, Ethereum, and Moonbeam. Base holds the largest share at 92.2%.

How much has Moonwell Lending generated in fees and revenue?

Over the past 30 days, Moonwell Lending generated $143,777 in fees. Of that, $22,937 was protocol revenue. Based on the trailing year, the annualized rate is $8.14m in fees and $1.89m in revenue.

How much has been borrowed through Moonwell Lending?

Moonwell Lending currently has $31.37m 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.