Logo of Moonwell LendingMoonwell 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.

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 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.