Total Value Locked$9.6m
TVL by Chain
Base$8.39m
Ethereum$644,957
OP Mainnet$562,226
Moonbeam$0
Key Metrics
Fees 30d$126,161
Fees 30d by chain
Base$120,498
Ethereum$3,352
OP Mainnet$2,311
Fees 7d$25,456
Base$24,461
Ethereum$801
OP Mainnet$193.84
Fees 24h$3,793
Base$3,661
Ethereum$101
OP Mainnet$31
Cumulative Fees$24.06m
Base$21.11m
OP Mainnet$2.19m
Moonbeam$667,276
Moonriver$75,279
Ethereum$16,194
Revenue 30d$22,705
Revenue 30d by chain
Base$21,797
Ethereum$471.96
OP Mainnet$433.27
Revenue 7d$4,280
Base$4,147
Ethereum$104.35
OP Mainnet$27.73
Revenue 24h$737
Base$720
Ethereum$12
OP Mainnet$4.81
Cumulative Revenue$5.15m
Base$4.52m
OP Mainnet$349,759
Moonbeam$250,140
Moonriver$25,596
Ethereum$2,160
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$143,748
Collateral Liquidated 30d by chain
Base$134,236
OP Mainnet$7,755
Ethereum$1,758
Collateral Liquidated 7d$5,086
Base$5,024
OP Mainnet$63.14
Ethereum$0
Collateral Liquidated 24h$3,355
Base$3,294
OP Mainnet$61.06
Ethereum$0
Cumulative Collateral Liquidated$143,748
Base$134,236
OP Mainnet$7,755
Ethereum$1,758
Staked$1.76m
Active Loans$14.77m
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 Tracked31
Average Supply APY0.62%
User Activity
Active Addresses (24h)100
Transactions (24h)222
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
Moonwell Lending history
TVL is the default DefiLlama definition, which excludes Active Loans and Staking. Daily values are UTC snapshots from Jun 22, 2022 to Oct 27, 2026.
All-time high TVL: $236.32m on Dec 17, 2024. All-time low TVL: $43 on Jun 22, 2022.
Daily TVL, Sep 28, 2026 to Oct 27, 2026
| Date | TVL |
|---|---|
| Sep 28, 2026 | $14.2m |
| Sep 29, 2026 | $13.56m |
| Sep 30, 2026 | $13.3m |
| Oct 1, 2026 | $13.4m |
| Oct 2, 2026 | $13.35m |
| Oct 3, 2026 | $13.31m |
| Oct 4, 2026 | $13.49m |
| Oct 5, 2026 | $13.78m |
| Oct 6, 2026 | $13.54m |
| Oct 7, 2026 | $13.35m |
| Oct 8, 2026 | $12.85m |
| Oct 9, 2026 | $12.64m |
| Oct 10, 2026 | $12.63m |
| Oct 11, 2026 | $13.12m |
| Oct 12, 2026 | $12.68m |
| Oct 13, 2026 | $12.11m |
| Oct 14, 2026 | $12.39m |
| Oct 15, 2026 | $12.07m |
| Oct 16, 2026 | $12.31m |
| Oct 17, 2026 | $11.99m |
| Oct 18, 2026 | $11.8m |
| Oct 19, 2026 | $11.67m |
| Oct 20, 2026 | $11.19m |
| Oct 21, 2026 | $11.55m |
| Oct 22, 2026 | $11.16m |
| Oct 23, 2026 | $10.27m |
| Oct 24, 2026 | $10.02m |
| Oct 25, 2026 | $9.78m |
| Oct 26, 2026 | $9.64m |
| Oct 27, 2026 | $9.59m |
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 | $132.26m |
| May 31, 2025 | $160.16m |
| Jun 30, 2025 | $167.16m |
| Jul 31, 2025 | $200.95m |
| Aug 31, 2025 | $198.69m |
| Sep 30, 2025 | $181.66m |
| Oct 31, 2025 | $160.03m |
| Nov 30, 2025 | $97.98m |
| Dec 31, 2025 | $82.86m |
| Jan 31, 2026 | $79.67m |
| Feb 28, 2026 | $49.1m |
| Mar 31, 2026 | $46.14m |
| Apr 30, 2026 | $46.93m |
| May 31, 2026 | $48m |
| Jun 30, 2026 | $47.47m |
| Jul 31, 2026 | $46.37m |
| Aug 31, 2026 | $25.98m |
| Sep 30, 2026 | $13.3m |
| Oct 27, 2026 (latest) | $9.59m |
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 | $82.86m |
Fees, revenue and holders revenue by UTC calendar month, Nov 2024 to Oct 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Nov 2024 | $1.4m | $241,221 | $0 |
| Dec 2024 | $2.06m | $377,006 | $0 |
| Jan 2025 | $1.73m | $331,156 | $0 |
| Feb 2025 | $1.7m | $418,846 | $0 |
| Mar 2025 | $670,330 | $136,928 | $0 |
| Apr 2025 | $744,170 | $166,006 | $0 |
| May 2025 | $737,849 | $124,028 | $0 |
| Jun 2025 | $795,158 | $132,761 | $0 |
| Jul 2025 | $821,717 | $121,863 | $0 |
| Aug 2025 | $1.34m | $266,511 | $0 |
| Sep 2025 | $953,291 | $169,221 | $0 |
| Oct 2025 | $2.16m | $557,294 | $0 |
| Nov 2025 | $836,971 | $180,067 | $0 |
| Dec 2025 | $312,284 | $60,901 | $0 |
| Jan 2026 | $412,097 | $99,793 | $0 |
| Feb 2026 | $1.29m | $356,428 | $0 |
| Mar 2026 | $219,214 | $55,774 | $0 |
| Apr 2026 | $196,096 | $50,486 | $0 |
| May 2026 | $130,921 | $29,047 | $0 |
| Jun 2026 | $201,182 | $44,796 | $0 |
| Jul 2026 | $145,894 | $23,361 | $0 |
| Aug 2026 | $375,422 | $64,885 | $0 |
| Sep 2026 | $272,726 | $38,512 | $0 |
| Oct 2026 (to date) | $114,350 | $20,915 | $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-lending
Frequently asked questions
What is Moonwell Lending's TVL?
As of Oct 27, 2026, Moonwell Lending has $9.6m in total value locked. TVL has decreased 33% over the past 30 days.
What chains does Moonwell Lending operate on?
Moonwell Lending operates on 5 chains: Base, Ethereum, OP Mainnet, Moonbeam, and Moonriver. Base holds the largest share at 87.4%.
How much has Moonwell Lending generated in fees and revenue?
Over the past 30 days, Moonwell Lending generated $126,161 in fees. Of that, $22,705 was protocol revenue. Based on the trailing year, the annualized rate is $4.63m in fees and $1.05m in revenue.
How does Moonwell Lending's TVL compare to similar protocols?
Among Lending protocols tracked by DefiLlama, Moonwell Lending ranks #60 by TVL. The category holds $52.413b across 518 protocols, and Moonwell Lending accounts for <0.1% of that total. Similar 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?
As of Oct 27, 2026, Moonwell Lending has $14.77m 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.