Logo of Moonwell LendingMoonwell Lending(WELL)
Total Value Locked$55.85m

TVL by Chain

Base$51.85m

Ethereum$2.31m

OP Mainnet$1.69m

Moonbeam$0

Key Metrics

Fees (Annualized)$7.43m
Fees 30d$160,407

Base$149,320

Ethereum$5,810

OP Mainnet$3,687

Moonriver$1,462

Moonbeam$128.03

Fees 7d$42,927

Base$40,564

OP Mainnet$1,314

Ethereum$1,049

Fees 24h$10,440

Base$10,228

Ethereum$106

OP Mainnet$106

Cumulative Fees$23.41m

Base$20.48m

OP Mainnet$2.18m

Moonbeam$667,276.03

Moonriver$75,280

Ethereum$8,254

Revenue (Annualized)$1.74m
Revenue 30d$23,432

Base$21,582

Ethereum$818.93

Moonriver$512

OP Mainnet$457.89

Moonbeam$62.83

Revenue 7d$6,463

Base$6,154

OP Mainnet$183

Ethereum$126.41

Revenue 24h$2,738

Base$2,707

OP Mainnet$17

Ethereum$14

Cumulative Revenue$5.04m

Base$4.42m

OP Mainnet$348,746.89

Moonbeam$250,135.83

Moonriver$25,594

Ethereum$1,114.93

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

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

Staked$4.55m

Active Loans$34.21m

$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 APY1.15%

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

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 $55.85m in total value locked. TVL has increased 14.6% over the past 30 days.

What chains does Moonwell Lending operate on?

Moonwell Lending operates on 4 chains: Moonbeam, Base, Ethereum, and OP Mainnet. Base holds the largest share at 92.8%.

How much has Moonwell Lending generated in fees and revenue?

Over the past 30 days, Moonwell Lending generated $160,407 in fees. Of that, $23,432 was protocol revenue. Based on the trailing year, the annualized rate is $7.43m in fees and $1.74m in revenue.

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

Among Lending protocols tracked by DefiLlama, Moonwell Lending ranks #34 by TVL. The category holds $48.49b across 514 protocols, and Moonwell Lending accounts for 0.1% of that total. Other leading protocols include Prime Protocol, Aave V3, Morpho Blue, Compound V3, Venus Core Pool, Exactly, Unitus, OmniBTC, Silo V1, and WePiggy.

How much has been borrowed through Moonwell Lending?

Moonwell Lending currently has $34.21m 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 Oracle Manipulation.