Total Value Locked$19.97m
TVL by Chain
Base$18.59m
Ethereum$689,505
OP Mainnet$684,814
Moonbeam$0
Key Metrics
Fees 30d$155,745
Fees 30d by chain
Base$149,294
Ethereum$3,264
OP Mainnet$3,187
Fees 7d$40,422
Base$39,471
Ethereum$799
OP Mainnet$152.11
Fees 24h$3,782
Base$3,677
Ethereum$94
OP Mainnet$11
Cumulative Fees$27.71m
Base$24.76m
OP Mainnet$2.19m
Moonbeam$667,276
Moonriver$75,279
Ethereum$15,458
Revenue 30d$28,148
Revenue 30d by chain
Base$27,126
OP Mainnet$555.65
Ethereum$464.14
Revenue 7d$8,232
Base$8,095
Ethereum$106.95
OP Mainnet$29.81
Revenue 24h$592
Base$577
Ethereum$13
OP Mainnet$1.90
Cumulative Revenue$5.69m
Base$5.06m
OP Mainnet$350,321
Moonbeam$250,140
Moonriver$25,596
Ethereum$2,066
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
Incentives 1y$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$1.2m
Earnings 30d$28,148
Earnings 7d$8,232
Earnings 24h$592
Cumulative Earnings$5.69m
Collateral Liquidated 30d$138,662
Collateral Liquidated 30d by chain
Base$129,212
OP Mainnet$7,692
Ethereum$1,758
Collateral Liquidated 7d$115,127
Base$114,844
OP Mainnet$277.53
Ethereum$5.08
Collateral Liquidated 24h$284
Base$284
Ethereum$0
OP Mainnet$0
Cumulative Collateral Liquidated$138,715
Base$129,266
OP Mainnet$7,692
Ethereum$1,758
Market Cap$9.6m
$WELL Price$0.0021
Fully Diluted Valuation$10.6m
Outstanding FDV$10.6m
$WELL Volume 24h$2.8m
CEX Volume$2.29m
DEX Volume$239,041(8.53% of total)
Staked$1.7m(17.72% of mcap)
Active Loans$15.51m
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 protocol on Optimism, Base, Moonbeam, and Moonriver. Moonwell`s intuitive interface simplifies the lending experience for everyone, from newcomers to crypto experts.
- Moonwell LendingLending
- Moonwell VaultsOnchain Capital Allocator
Yields
Pools Tracked31
Average Supply APY0.57%
User Activity
Active Addresses (24h)166
Transactions (24h)313
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Revenue:
Collateral Liquidated: USD value of collateral seized during protocol liquidations
Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Hacks
Date: Nov 4, 2025
Protocol: Moonwell Lending
Amount: $1m
Classification: Oracle Manipulation
Technique: Spot Price Manipulation
Chains: Base, Optimism
Language: Solidity
Target Type: DeFi Protocol
Date: Feb 15, 2026
Protocol: Moonwell Lending
Amount: $1.78m
Classification: Oracle Manipulation
Technique: Oracle Misconfiguration
Chains: Base
Language: Solidity
Target Type: DeFi Protocol
Date: Aug 27, 2026
Protocol: Moonwell Lending
Amount: $8.7m
Classification: Oracle Manipulation
Technique: Spot Price Manipulation
Chains: Base
Language: Solidity
Target Type: DeFi Protocol
Moonwell history
TVL is the default DefiLlama definition, which excludes Active Loans and Staking. Daily values are UTC snapshots from Jun 22, 2022 to Oct 20, 2026.
All-time high TVL: $379.67m on Aug 23, 2025. All-time low TVL: $43 on Jun 22, 2022.
Daily TVL, Sep 21, 2026 to Oct 20, 2026
| Date | TVL |
|---|---|
| Sep 21, 2026 | $26.62m |
| Sep 22, 2026 | $27.66m |
| Sep 23, 2026 | $25.07m |
| Sep 24, 2026 | $24.47m |
| Sep 25, 2026 | $24.73m |
| Sep 26, 2026 | $24.48m |
| Sep 27, 2026 | $24.81m |
| Sep 28, 2026 | $24.59m |
| Sep 29, 2026 | $23.79m |
| Sep 30, 2026 | $23.83m |
| Oct 1, 2026 | $23.94m |
| Oct 2, 2026 | $23.87m |
| Oct 3, 2026 | $23.56m |
| Oct 4, 2026 | $23.77m |
| Oct 5, 2026 | $24.13m |
| Oct 6, 2026 | $23.9m |
| Oct 7, 2026 | $23.63m |
| Oct 8, 2026 | $22.95m |
| Oct 9, 2026 | $22.54m |
| Oct 10, 2026 | $22.57m |
| Oct 11, 2026 | $23.06m |
| Oct 12, 2026 | $22.59m |
| Oct 13, 2026 | $21.79m |
| Oct 14, 2026 | $22.2m |
| Oct 15, 2026 | $21.71m |
| Oct 16, 2026 | $21.86m |
| Oct 17, 2026 | $21m |
| Oct 18, 2026 | $20.78m |
| Oct 19, 2026 | $20.67m |
| Oct 20, 2026 | $20.03m |
TVL at each month end, Nov 2024 to Oct 2026
| Date | TVL |
|---|---|
| Nov 30, 2024 | $194.13m |
| Dec 31, 2024 | $180.48m |
| Jan 31, 2025 | $176.17m |
| Feb 28, 2025 | $125.62m |
| Mar 31, 2025 | $109.4m |
| Apr 30, 2025 | $203.47m |
| May 31, 2025 | $243.48m |
| Jun 30, 2025 | $261.53m |
| Jul 31, 2025 | $331.16m |
| Aug 31, 2025 | $343.68m |
| Sep 30, 2025 | $309.82m |
| Oct 31, 2025 | $259.73m |
| Nov 30, 2025 | $162.57m |
| Dec 31, 2025 | $143.08m |
| Jan 31, 2026 | $128.68m |
| Feb 28, 2026 | $79.67m |
| Mar 31, 2026 | $72.9m |
| Apr 30, 2026 | $71.49m |
| May 31, 2026 | $68.53m |
| Jun 30, 2026 | $67.19m |
| Jul 31, 2026 | $64.15m |
| Aug 31, 2026 | $37.44m |
| Sep 30, 2026 | $23.83m |
| Oct 20, 2026 (latest) | $20.03m |
TVL at each year end, Dec 31, 2022 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2022 | $29.59m |
| Dec 31, 2023 | $51m |
| Dec 31, 2024 | $180.48m |
| Dec 31, 2025 | $143.08m |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $1.56m | $266,034 | $0 |
| Dec 2024 | $2.37m | $423,320 | $0 |
| Jan 2025 | $1.98m | $368,044 | $0 |
| Feb 2025 | $1.87m | $444,650 | $0 |
| Mar 2025 | $825,665 | $160,227 | $0 |
| Apr 2025 | $871,016 | $185,032 | $0 |
| May 2025 | $861,150 | $142,519 | $0 |
| Jun 2025 | $933,687 | $153,536 | $0 |
| Jul 2025 | $1.07m | $158,942 | $0 |
| Aug 2025 | $1.72m | $324,142 | $0 |
| Sep 2025 | $1.26m | $214,631 | $0 |
| Oct 2025 | $2.48m | $605,267 | $0 |
| Nov 2025 | $996,089 | $203,928 | $0 |
| Dec 2025 | $453,008 | $82,014 | $0 |
| Jan 2026 | $537,944 | $118,677 | $0 |
| Feb 2026 | $1.35m | $366,378 | $0 |
| Mar 2026 | $270,302 | $63,440 | $0 |
| Apr 2026 | $256,056 | $59,478 | $0 |
| May 2026 | $176,248 | $35,845 | $0 |
| Jun 2026 | $240,899 | $50,754 | $0 |
| Jul 2026 | $186,576 | $29,461 | $0 |
| Aug 2026 | $413,464 | $70,592 | $0 |
| Sep 2026 | $293,908 | $41,691 | $0 |
| Oct 2026 (to date) | $100,313 | $18,180 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/moonwell
Frequently asked questions
What is Moonwell's TVL?
As of Oct 20, 2026, Moonwell has $19.97m in total value locked. TVL has decreased 24.6% over the past 30 days.
What chains does Moonwell operate on?
Moonwell operates on 5 chains: Base, Ethereum, OP Mainnet, Moonbeam, and Moonriver. Base holds the largest share at 93.1%.
How much has Moonwell generated in fees and revenue?
Over the past 30 days, Moonwell generated $155,745 in fees. Of that, $28,148 was protocol revenue. Based on the trailing year, the annualized rate is $5.64m in fees and $1.2m in revenue.
What is the WELL token price and valuation?
WELL is currently trading at $0.0021. Its circulating market capitalization is $9.59m, ranking it #1,511. Its fully diluted valuation is $10.58m. Supply currently stands at 4.53b circulating, 5b total supply, 5b maximum supply.
How has WELL performed recently?
WELL is up 0.3% over the past 7 days and up 9.5% over the past 30 days. Its all-time high is $0.30, reached on Jun 23, 2022. The token is currently 99.3% below that level.
Which protocols are included in Moonwell?
Moonwell is a parent protocol whose tracked products include Moonwell Lending and Moonwell Vaults.
How much has been borrowed through Moonwell?
As of Oct 20, 2026, Moonwell has $15.51m in active loans.
Has Moonwell ever been exploited?
Moonwell has 3 recorded security incidents. The most recent incident occurred on Aug 27, 2026 and involved $8.7m. It was classified as Oracle Manipulation.

