Logo of Moonwell LendingMoonwell Lending(WELL)
Total Value Locked$14.95m

TVL by Chain

Base$13.3m

OP Mainnet$1.01m

Ethereum$646,315.5

Moonbeam$0

Key Metrics

Fees 30d$618,362
Fees 30d by chain

Base$609,507

OP Mainnet$4,730

Ethereum$4,125

Fees 7d$49,239

Base$48,097

OP Mainnet$613

Ethereum$529

Fees 24h$5,486

Base$5,378

Ethereum$87

OP Mainnet$21

Cumulative Fees$24.01m

Base$21.07m

OP Mainnet$2.19m

Moonbeam$667,276.29

Moonriver$75,279.39

Ethereum$11,685

Revenue 30d$92,655
Revenue 30d by chain

Base$91,579

OP Mainnet$577.09

Ethereum$499.68

Revenue 7d$7,098

Base$6,954

OP Mainnet$73.71

Ethereum$70.36

Revenue 24h$811

Base$796

Ethereum$12

OP Mainnet$3.04

Cumulative Revenue$5.13m

Base$4.5m

OP Mainnet$349,152.28

Moonbeam$250,139.82

Moonriver$25,595.89

Ethereum$1,530

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

Staked$1.76m

Active Loans$25.68m

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 Tracked33

Average Supply APY5.54%

User Activity

Active Addresses (24h)219

Transactions (24h)539

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 $14.95m in total value locked. TVL has decreased 63.9% 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 88.9%.

How much has Moonwell Lending generated in fees and revenue?

Over the past 30 days, Moonwell Lending generated $618,362 in fees. Of that, $92,655 was protocol revenue. Based on the trailing year, the annualized rate is $7.13m in fees and $1.66m in revenue.

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

Among Lending protocols tracked by DefiLlama, Moonwell Lending ranks #54 by TVL. The category holds $50.438b across 524 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 $25.68m 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.