Moonwell Lending(WELL)
Total Value Locked$13.38m
TVL by Chain
Base$11.57m
OP Mainnet$1.17m
Ethereum$639,907
Moonbeam$0
Key Metrics
Fees 30d$141,453
Fees 30d by chain
Base$136,057
Ethereum$2,774
OP Mainnet$2,622
Fees 7d$27,434
Base$26,169
Ethereum$703
OP Mainnet$562
Fees 24h$3,719
Base$3,620
Ethereum$75
OP Mainnet$24
Cumulative Fees$23.98m
Base$21.03m
OP Mainnet$2.19m
Moonbeam$667,276
Moonriver$75,279
Ethereum$13,736
Revenue 30d$24,307
Revenue 30d by chain
Base$23,582
Ethereum$373.19
OP Mainnet$350.47
Revenue 7d$4,507
Base$4,341
Ethereum$92.59
OP Mainnet$72.94
Revenue 24h$539
Base$525
Ethereum$10
OP Mainnet$3.91
Cumulative Revenue$5.13m
Base$4.5m
OP Mainnet$349,412
Moonbeam$250,140
Moonriver$25,596
Ethereum$1,806
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$511.51
Collateral Liquidated 30d by chain
Base$470.67
OP Mainnet$40.84
Ethereum$0
Collateral Liquidated 7d$511.51
Base$470.67
OP Mainnet$40.84
Ethereum$0
Collateral Liquidated 24h$8.03
Base$8.03
Ethereum$0
OP Mainnet$0
Cumulative Collateral Liquidated$519.54
Base$478.70
OP Mainnet$40.84
Ethereum$0
Staked$2.13m
Active Loans$16.97m
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 Tracked30
Average Supply APY1.06%
User Activity
Active Addresses (24h)251
Transactions (24h)435
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 $13.38m in total value locked. TVL has decreased 37.9% 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 86.5%.
How much has Moonwell Lending generated in fees and revenue?
Over the past 30 days, Moonwell Lending generated $141,453 in fees. Of that, $24,307 was protocol revenue. Based on the trailing year, the annualized rate is $6.45m in fees and $1.55m in revenue.
How does Moonwell Lending's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Moonwell Lending ranks #55 by TVL. The category holds $55.588b across 523 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 $16.97m 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.

