Logo of Moonwell LendingMoonwell Lending(WELL)
Total Value Locked$16.18m

TVL by Chain

Base$14.35m

OP Mainnet$1.19m

Ethereum$649,319.07

Moonbeam$0

Key Metrics

Fees 30d$628,454
Fees 30d by chain

Base$619,164

OP Mainnet$4,946

Ethereum$4,344

Moonbeam$0

Moonriver$0

Fees 7d$95,715

Base$94,195

OP Mainnet$845

Ethereum$675

Fees 24h$5,623

Base$5,432

OP Mainnet$99

Ethereum$92

Cumulative Fees$23.99m

Base$21.05m

OP Mainnet$2.19m

Moonbeam$667,276.29

Moonriver$75,279.39

Ethereum$11,482

Revenue 30d$93,412
Revenue 30d by chain

Base$92,288

OP Mainnet$597.38

Ethereum$527.11

Moonbeam$0

Moonriver$0

Revenue 7d$13,204

Base$13,008

OP Mainnet$100

Ethereum$95.89

Revenue 24h$737

Base$709

Ethereum$14

OP Mainnet$14

Cumulative Revenue$5.13m

Base$4.5m

OP Mainnet$349,144.53

Moonbeam$250,139.82

Moonriver$25,595.89

Ethereum$1,508.17

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$1.78m

Active Loans$26.3m

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 APY5.95%

User Activity

Active Addresses (24h)158

Transactions (24h)450

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 $16.18m in total value locked. TVL has decreased 62% 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 88.7%.

How much has Moonwell Lending generated in fees and revenue?

Over the past 30 days, Moonwell Lending generated $628,454 in fees. Of that, $93,412 was protocol revenue. Based on the trailing year, the annualized rate is $7.2m in fees and $1.67m 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 $50.939b across 523 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 $26.3m 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.