🚀 ETH Loans Now Live
🚀 ETH Loans Now Live
🚀 ETH loans live
Moonwell's USDC Vault now supports Ethereum-backed loans directly in the Coinbase app, expanding beyond Bitcoin lending.
Key developments:
- Curators allocated liquidity to the cbETH/USDC market on Morpho
- Higher borrowing activity drives increased utilization and revenue
- Vault serves as primary liquidity source for ETH-backed loans
Access points:
This expansion follows Moonwell's successful Bitcoin lending integration and represents continued growth in institutional DeFi adoption.
Recap from last week on Moonwell: • New @edge_pod podcast • @Mamo USDC and Bitcoin Account Upgrades • Token2049 interview with @grafacrypto • @Cypher_HQ_ airdrop for Moonwell Card users • Moonwell at DuneCon25 this year • New governance dashboard
The Moonwell USDC Vault on @Base leads all Moonwell Vaults in fee generation. Demand for loans backed by Bitcoin collateral on Coinbase drives much of this growth. As Coinbase expands loan access globally, this vault will become an even larger source of revenue for Moonwell.
Idle assets hinder progress. The new Moonwell Ecosystem USDC Vault on @Base is designed as a model that other projects can adapt for their own treasuries. WELL tokens on the balance sheet turn into productive liquidity, supporting Moonwell's operations and long-term growth.
🌜🟦🌛 The Moonwell Flagship USDC Vault is now integrated into @FractionAI_xyz on @Base. It's simple to build on top of Moonwell and our @Morpho-powered vaults. Gain access to a steady source of returns and unlock use cases and opportunities for the ecosystem.
Fraction AI is partnering with @MoonwellDeFi to accelerate DeFi’s evolution into DeFAI. Together, we are enabling autonomous agents to deploy capital across the most valuable onchain assets. Moonwell stands out as one of the top protocols in DeFi, delivering dynamic interest
Recap from last week on Moonwell: • Base DeFi podcast with @0xResearch • Shopping with Moonwell Card • @tokenterminal Spotlight: Active users are trending up! • Moonwell USDC Vault facilitating @Coinbase USDC loans • Borrow USDC against WELL, stkWELL, and MAMO (@mamo)
Now Live: WELL Rewards on Moonwell Vaults! 🦋 Deposit into any Moonwell Vault on Base (USDC, ETH, cbBTC, EURC) and earn WELL rewards. Deposited since October 10? Rewards have been retroactively distributed and are ready to claim.
The Moonwell Card connects onchain finance to everyday life. 🌐 Borrow against your crypto or autoload straight from your vault. Shop anywhere Visa is accepted, all while your stablecoins keep earning at 2-3x the rate of inflation.
Highlights from the last week: • Moonwell and @Mamo unification roadmap • Analyzing protocol revenue with @Joel_Obafemi • @FractionAI_xyz integrates the Moonwell USDC Vault • @LukeYoungblood featured in Bloomberg • Spotlight: Turning treasuries into productive liquidity
Moonwell makes lending composable and easy to integrate. Developers build on top. Users get better experiences. The future is onchain. 🛠️
14/ Core primitives form composable ‘money legos’ for modular lending, borrowing, yield, and more Teams like @aave @compoundfinance @eulerfinance @0xfluid @maplefinance @MoonwellDeFi @MorphoLabs @skyEcosystem @Frax @pendle_fi @veda_labs @WisdomTreePrime @Polymarket @synthetix
The Moonwell Flagship USDC Vault on @Base is ready to support Ethereum-backed loans in the @Coinbase app. Our curators have allocated liquidity to the cbETH/USDC market on @Morpho to meet this new demand. Higher borrowing activity increases utilization and revenue for Moonwell.
If you believe in somΞTHing, this one's for you. ETH-backed loans are here. You can borrow USDC against your Ethereum, unlocking liquidity without selling. Available now in the U.S. (ex. NY).
🌜🦋🌛 WELL Rewards Renewed! Over the next 30 days, 3.33M WELL will be distributed across Moonwell Vaults on @Base to sustain their growth and adoption. Powered by @MorphoLabs, the vaults remain the top choice for depositors and continue to set the standard for lending on Base.
Over $1B is now supplied to the cbBTC/USDC market on @MorphoLabs. @Coinbase’s borrow product drives much of this growth, letting users borrow USDC against Bitcoin. The Moonwell USDC Vault helps provide liquidity for these loans, generating revenue that rewards WELL stakers.
Thought I’d share this : On the Moonwell $CBTC / $USDC market pair : There is currently 9,286 Bitcoin supplied Valued at $1,024,786,621 billion dollars All is $well with @MoonwellDeFi $aero $morpho $mamo $btc #base
ICYMI: A new Moonwell Vault has launched on @Base. The Moonwell Ecosystem USDC Vault, powered by @MorphoLabs and curated by @anthiasxyz, lets you supply USDC that can be borrowed against WELL, staked WELL, and MAMO (@mamo). Rewards for this vault are coming soon. 🦋
Introducing the Moonwell Ecosystem USDC Vault on @Base! 🦋 Built on @MorphoLabs and curated by @anthiasxyz, this strategic vault is designed to support the long-term growth of our ecosystem. Deposit USDC and let it be borrowed against WELL, staked WELL, and MAMO (@mamo).
Recap from last week on Moonwell: • WELL rewards on Moonwell Vaults (@Base) • Fees and revenue integrated on @coingecko • @LukeYoungblood featured in @dlnews • Staking rewards now claimable in Moonwell app • October Governance Call + participation continues to increase
Did you know @MorphoLabs is on @Optimism Mainnet? Earn borrower fees and additional WELL incentives by depositing into the Moonwell Flagship USDC Vault. The vault currently pays a total APY of 8.2%. 🔴
A new way to put USDC to work. 🦋 Next week, the Moonwell Ecosystem USDC Vault goes live. Built on @MorphoLabs, it creates a public credit facility where WELL holders can borrow against their WELL. Part of the growing suite of Moonwell Vaults on @Base.
Financing the long-term growth of the Moonwell ecosystem through @MorphoLabs markets and vaults. Listen to our contributor @LukeYoungblood explain the new private credit facility where WELL on the balance sheet can be used as collateral to borrow USDC.
🌜🦋🌛 A new Moonwell Ecosystem USDC Vault is coming to @Base, built on @MorphoLabs and curated by @anthiasxyz. Stay tuned for more details next week!
The voting period for MIP-B47 has ended. ✅ The proposal has passed and entered the 24-hour Vote Collection period. 🗳 Results: moonwell.fi/governance/pro…
Moonwell Activates Cross-Chain Governance on Ethereum Mainnet
Moonwell has launched unified governance across Ethereum Mainnet and multiple Layer 2 networks. WELL token holders can now propose, vote, and execute governance decisions from Ethereum Mainnet, with voting power recognized across Base, Optimism Mainnet, and Moonbeam. This follows the execution of **MIP-X58**, which establishes Ethereum Mainnet as the primary governance hub while maintaining full connectivity with existing networks. The upgrade represents a significant architectural shift for the protocol. Key features: - Unified governance from Ethereum Mainnet - Cross-chain voting power recognition - Seamless WELL token bridging between networks - In-app bridging functionality coming soon The governance upgrade builds on **MIP-X55**, which enabled WELL token movement between Base, Optimism Mainnet, Moonbeam, and Ethereum. The community-driven proposal process began in early May 2026, with initial discussions about Ethereum Mainnet activation and market selection. This infrastructure upgrade positions Moonwell for long-term scalability across multiple blockchain networks.
Moonwell Launches AI Agent Integration for DeFi Operations on Base
Moonwell has integrated with Base MCP to enable AI agents to perform DeFi operations through natural language prompts. **Key Features:** - AI agents can read market data, supply assets, and borrow funds - Agents can generate Moonwell credit reports for any blockchain address - Full lending and borrowing capabilities accessible via conversational interface - Onchain reputation tracking through AI prompts The integration is available at [agents.moonwell.fi](http://agents.moonwell.fi) and represents a step toward making DeFi operations more accessible through AI-powered interfaces. Users can now instruct agents to handle complex DeFi tasks without manually navigating protocols.
Centrifuge's deSPXA Proposed as Collateral on Moonwell for DeFi Strategies
Centrifuge's tokenized S&P 500 product, deSPXA, may become available as collateral on the Moonwell lending platform, pending governance approval. **Key Points:** - deSPXA provides onchain exposure to the S&P 500 through the J.H. Investors S&P 500 Index Fund - Integration would enable users to borrow against their tokenized index holdings - Opens possibilities for structured strategies using traditional market exposure in DeFi - Currently live on Base network - Requires community governance vote to proceed The proposal represents a step toward bridging traditional finance indices with decentralized lending protocols.
Moonwell Launches New Governance Dashboard and Expands Bitcoin Lending Features
**Moonwell** rolled out several key updates this week: - **New governance dashboard** created by @joel_obafemi to track reserve auctions and vote-to-claim staking rewards - **Mamo account upgrades** for USDC and Bitcoin functionality - **Bitcoin borrowing discussion** on Edge Podcast featuring @LukeYoungblood and @GrafaCrypto about using Moonwell Vaults on Base - **$CYPR airdrop rewards** for Moonwell Card users from Cypher - **DuneCon25 presence** with contributor @danimimm attending in Buenos Aires The governance improvements aim to **increase community participation** through enhanced tracking of reserve auctions and staking rewards.