Chainlink Deploys WELL-USD Price Feed on Base and Optimism
Chainlink Deploys WELL-USD Price Feed on Base and Optimism
🔮 WELL Price Feed Gets Chained
Chainlink has expanded its price feed offerings with the launch of WELL-USD on Base and Optimism networks. This development builds on Moonwell's existing integration of Chainlink Price Feeds across multiple networks including Base, Moonbeam, and Moonriver.
- New WELL-USD price feed provides reliable token pricing
- Implementation enables expanded use cases on both networks
- Continues Chainlink's role as industry standard for price feeds
The integration reinforces Moonwell's commitment to market reliability and accurate pricing across its supported networks.
Moonwell Joins Circle Alliance Program, Launches Virtual U.S. Checking Accounts
Moonwell has partnered with Circle as part of their Alliance Program, introducing **Moonwell Virtual Accounts** - a new financial service that enables users worldwide to open U.S. checking accounts without residency requirements. Key features: - USDC Anywhere integration - Cross-network value transfers on Ethereum - No U.S. residency needed The partnership aims to expand Circle's global ecosystem and improve accessibility to onchain finance. [Open an account](http://moonwell.fi/account) or [learn more about Circle Alliance](https://www.circle.com/alliance-program)
USDT0 Core Market Shows Strong Growth on Optimism Mainnet
The USDT0 Core Market on Optimism Mainnet has reached a significant milestone, with supplied assets peaking at $18.6M last week. This growth coincides with Optimism's SuperStacks campaign and Moonwell's streamlined onboarding process. USDT0, a multichain version of USDT with 1:1 backing, leverages LayerZero Core technology for: - Enhanced performance - Deeper liquidity pools - Simplified access Recent market cap adjustments: - Supply cap increased to 15M - Borrow cap raised to 13.5M [Explore USDT0 Core Market](https://moonwell.fi/markets/supply/optimism/usdt0)
Moonwell Implements API3's OEV-enabled Data Feed for GLMR Core Market
Moonwell has expanded its OEV (Oracle Extractable Value) implementation by integrating API3's OEV-enabled data feed for the GLMR Core Market on Moonbeam Network. This strategic update follows Moonwell's successful rollout of OEV across 15 markets on Base and Optimism Mainnet. Key updates: - First lending protocol to implement onchain OEV auctions - New integration with API3's data feed on Moonbeam - Enhanced revenue generation capabilities - Improved capital efficiency across markets The expansion demonstrates Moonwell's commitment to optimizing protocol revenue streams while maintaining robust market operations.
Moonwell Expands OEV Implementation for Enhanced Revenue Generation
Moonwell has successfully expanded its Oracle Extracted Value (OEV) implementation across multiple markets: - First lending protocol to implement onchain OEV auctions - Expansion to 15 new markets on Base and Optimism Mainnet - Captures value traditionally lost to L2 sequencers during liquidations - Creates new revenue stream while improving capital efficiency The protocol's OEV mechanism represents a significant advancement in DeFi infrastructure, allowing for more efficient value capture and distribution within the ecosystem. [Read the full proposal](https://moonwell.fi/governance/proposal/moonbeam?id=161)