Moonwell Lending(WELL)
Total Value Locked$12.63m
TVL by Chain
Base$10.9m
OP Mainnet$1.11m
Ethereum$619,330
Moonbeam$0
Key Metrics
Fees 30d$131,883
Fees 30d by chain
Base$125,261
OP Mainnet$3,495
Ethereum$3,127
Fees 7d$29,249
Base$26,620
OP Mainnet$1,597
Ethereum$1,032
Fees 24h$4,015
Base$3,710
Ethereum$248
OP Mainnet$57
Cumulative Fees$23.99m
Base$21.04m
OP Mainnet$2.19m
Moonbeam$667,276
Moonriver$75,279
Ethereum$14,505
Revenue 30d$22,189
Revenue 30d by chain
Base$21,157
OP Mainnet$582.31
Ethereum$447.84
Revenue 7d$4,936
Base$4,447
OP Mainnet$322.49
Ethereum$166.59
Revenue 24h$719
Base$650
Ethereum$61
OP Mainnet$8.11
Cumulative Revenue$5.13m
Base$4.51m
OP Mainnet$349,682
Moonbeam$250,140
Moonriver$25,596
Ethereum$1,966
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$12,071
Collateral Liquidated 30d by chain
OP Mainnet$7,410
Base$2,908
Ethereum$1,753
Collateral Liquidated 7d$11,898
OP Mainnet$7,410
Base$2,736
Ethereum$1,753
Collateral Liquidated 24h$2,528
Ethereum$1,753
Base$775
OP Mainnet$0
Cumulative Collateral Liquidated$14,599
OP Mainnet$7,410
Base$3,683
Ethereum$3,506
Staked$1.92m
Active Loans$16.09m
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 Tracked32
Average Supply APY1.83%
User Activity
Active Addresses (24h)198
Transactions (24h)489
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 $12.63m in total value locked. TVL has decreased 39.2% 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 86.3%.
How much has Moonwell Lending generated in fees and revenue?
Over the past 30 days, Moonwell Lending generated $131,883 in fees. Of that, $22,189 was protocol revenue. Based on the trailing year, the annualized rate is $6.4m in fees and $1.54m 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 $52.941b across 519 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 $16.09m 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.

