Logo of Moonwell LendingMoonwell 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.

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 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.