Logo of Moonwell LendingMoonwell Lending(WELL)
Total Value Locked$16.39m

TVL by Chain

Base$14.56m

OP Mainnet$1.18m

Ethereum$648,278.96

Moonbeam$0

Key Metrics

Fees 30d$626,317
Fees 30d by chain

Base$616,999

OP Mainnet$4,957

Ethereum$4,361

Moonbeam$0

Moonriver$0

Fees 7d$135,920

Base$134,356

OP Mainnet$920

Ethereum$644

Fees 24h$5,548

Base$5,368

OP Mainnet$117

Ethereum$63

Cumulative Fees$23.98m

Base$21.04m

OP Mainnet$2.19m

Moonbeam$667,276.29

Moonriver$75,279.39

Ethereum$11,379

Revenue 30d$93,275
Revenue 30d by chain

Base$92,156

OP Mainnet$594.38

Ethereum$525.2

Moonbeam$0

Moonriver$0

Revenue 7d$17,890

Base$17,696

OP Mainnet$104

Ethereum$89.44

Revenue 24h$719

Base$693

OP Mainnet$16

Ethereum$9.5

Cumulative Revenue$5.12m

Base$4.5m

OP Mainnet$349,129.53

Moonbeam$250,139.82

Moonriver$25,595.89

Ethereum$1,492.67

Holders Revenue 30d$0
Holders Revenue 30d by chain

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$1.84m

Active Loans$26.44m

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 APY5.94%

User Activity

Active Addresses (24h)202

Transactions (24h)445

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 $16.39m in total value locked. TVL has decreased 61.7% 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 88.8%.

How much has Moonwell Lending generated in fees and revenue?

Over the past 30 days, Moonwell Lending generated $626,317 in fees. Of that, $93,275 was protocol revenue. Based on the trailing year, the annualized rate is $7.28m in fees and $1.69m 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 $50.856b across 522 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 $26.44m 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.