
Moonwell has integrated with Token Terminal, offering users enhanced visibility into key protocol metrics:
- Track total deposits, active loans, fees, revenue, and user activity
- Access the Moonwell-specific dashboard via the app's top navigation bar
This integration provides:
- Improved transparency for users
- Easy access to critical performance data
- A comprehensive view of Moonwell's ecosystem health
The move aligns with Moonwell's commitment to user empowerment and data-driven decision-making in the DeFi space.
ππ΄π Thanks to the successful execution of @gauntlet_xyz's MIP-O03 proposal, risk parameters across all Moonwell @Optimism Core Markets have been adjusted. Most notably, Collateral Factors and Borrow Caps for all markets have been raised, enabling borrowing for all assets!
The voting period for MIP-B24, MIP-O03, MIP-M36, and MIP-R23 has closed. β All proposals have passed and entered the 24-hour Vote Collection (MIP-B24, MIP-O03, MIP-M36) or Timelock (MIP-R23) period. π³ Results: moonwell.fi/governance
Record levels of USDC transfers and volume on @Base highlight its rise as an onchain liquidity powerhouse. π΅ Thanks to zero transfer fees on @CoinbaseWallet and easy onboarding with USDC Anywhere, apps like Moonwell are ready to serve the growing onchain economy on Base.
Last week, Base had its first day with 1M+ USDC transfers in a 24 hour period. On the same day, Base transferred $4B in USDC volume (also a record). Big things are happening on @base.
ππ΄π Moonwell has received over 100,000 OP tokens through @Optimism's Retro Funding 3 and 4. 100% of the OP will be distributed as liquidity incentives on Moonwell. Supply to any market on Optimism to earn fees from borrowers, along with rewards in OP and WELL. β¬οΈ
ππ΄π OP and WELL rewards are now live across all Moonwell Core Markets on @Optimism! Incentivized markets include ETH, wstETH, cbETH, rETH, WBTC, USDC, USDT, DAI, and OP. Supply your digital assets on Moonwell and start building your tomorrow.
πβοΈπ Moonwell is honored to join the SUNNYs, a celebration of the incredible community building on the @Optimism Superchain. With 540K OP in prizes up for grabs, it's the perfect send-off to Onchain Summer. ποΈ
Introducing... The SUNNYs! βοΈπ€© A Superchain-wide awards ceremony with 540K OP in prizes to round out Onchain Summer. Built by the community, for the community.
ππ΄π Celebrate #SuperFest and earn OP rewards with Moonwell! 1. Deposit into Moonwell Flagship USDC and ETH Vaults on @Base OR 2. Supply to the USDC Core Market on @Base Watch this tutorial on how to deposit using the easy-to-use @CoinbaseWallet smart wallet β¬οΈ
ππ¦π Rewards for the Moonwell Flagship ETH and USDC Vaults are now claimable! Claim your WELL and USDC rewards accrued up until July 24 directly from the Moonwell app or @MorphoLabs interface. Note: OP SuperFest rewards can be claimed separately through @merkl_xyz.
Rewards Update πͺ All rewards accrued up to 24 July 2024 on Base and Ethereum, excluding MORPHO rewards under the uniform rate model, are now claimable on the Morpho interface. This includes WELL, USDC, OVN, RSR and others. As a reminder, SuperFest and SafePass campaigns are
The @CoinbaseWallet smart wallet lets you get onchain easily β no app downloads, extensions, or seed phrases needed. Try the new quest on @layer3 to create a smart wallet and start building your tomorrow with Moonwell on @Base, all with just a few clicks. ππ΅π
New quest alert: Supply your crypto on @MoonwellDeFi effortlessly with smart wallet and earn rewards in the process. Now available on @layer3: app.layer3.xyz/quests/moonwelβ¦
ππ΄π Did you hear the news? Moonwell is live on @Optimism! This expansion aligns with our vision of greater financial inclusion, accessibility, and community-driven innovation, expanding Moonwell's reach and impact across the Superchain. Learn more β¬οΈ mirror.xyz/moonwell.eth/jβ¦
πππ We're excited to share that Moonwell is now on @tokenterminal! Track key metrics like total deposits, active loans, fees, revenue, and user activity β all from the dashboard built for Moonwell. You can find the dashboard in the top navigation bar of the Moonwell app.
ππ΅π Today marks the 1 year anniversary of Moonwell on @Base! We're truly grateful for your support and look forward to welcoming more people into Base's growing onchain economy in the months and years ahead. Join us as we reflect on our growth and innovations. π§΅
ππ΅π Moonwell has generated ~$151K in fees over the last seven days, showcasing real, organic borrowing demand on Moonwell. This reaffirms our Day 1 mission of creating simple, accessible tools that anyone can use to explore the benefits of onchain finance.
ππ΄π Thanks to the execution of MIP-O02, staking rewards are now live for the Safety Module on Moonwell's @Optimism deployment. Stake your WELL to participate in Moonwell Governance and earn rewards for helping safeguard the protocol. Learn more about Moonwell on Optimism: β¬οΈ
ππ΄π Moonwell is now live on @Optimism, embracing the Superchain vision! We're set to reshape lending on Optimism, bringing accessible onchain finance tools to a wider audience. This marks a new chapter in Moonwell's journey to empower everyone to explore onchain finance.
ππ¦π Phase 2 of @MorphoLabs SuperFest Rewards has begun on @Base. Deposit into the Moonwell Flagship ETH and USDC Vaults to earn OP rewards and optimized, risk-adjusted returns. π΄ π¦ Explore the Vaults: moonwell.fi/vaults
We've entered phase 2 of SuperFest! π΄π¦π΅ Here's the new allocation of OP rewards on Morpho available until 20 August. Find out how to earn OP on Morpho β
ππ΅π The @CoinbaseWallet smart wallet is the simplest way to interact with Moonwell on @Base, with no app downloads, extensions, or seed phrases required. Create your smart wallet in seconds with the new quest available on @layer3. Plus, you can earn rewards along the way!
New quest alert: Supply your crypto on @MoonwellDeFi effortlessly with smart wallet and earn rewards in the process. Now available on @layer3: app.layer3.xyz/quests/moonwelβ¦
ππ΄π WELL is live on @Optimism! WELL token holders on @Base and @MoonbeamNetwork can now easily transfer their tokens to Optimism via the Moonwell app. Transfer WELL π moonwell.fi/transfer
ππ΄ββοΈπ Attention cyclists! A new WELL<>WETH liquidity pool is now live on @VelodromeFi, complete with voting incentives available just in time for this week's epoch flip! If you're a veVELO holder, please consider voting for the pool to support our community.
New Launch Alert π΄ A big welcome to @MoonwellDeFi who have launched the $WELL governance token on Velodrome. Voting incentives incoming! π³οΈ
ππ΄π OP and WELL rewards are now live across all Moonwell Core Markets on @Optimism! Incentivized markets include ETH, wstETH, cbETH, rETH, WBTC, USDC, USDT, DAI, and OP. Supply your digital assets on Moonwell and start building your tomorrow.
πβοΈπ Enjoying Onchain Summer? Check out Moonwell's exclusive items in the @Coinbase Summer Shop! Don't miss out β visit shop.moonwell.fi and get yours today. ποΈ
πππ The @tokenterminal dashboard for Moonwell is now live! See onchain metrics like total deposits, fees, revenue, and user activity. Check it out: β‘οΈ tokenterminal.com/terminal/studiβ¦
bm ππ΅π΄π Standardized onchain financial metrics are now available for @MoonwellDeFi.
ππ΅π Since the protocol's activation on @Base in August 2023, Moonwell's fee generation has been trending upwards. Moonwell is the best place to lend and borrow ETH LSTs: cbETH, wstETH, and rETH, alongside the @AerodromeFi AERO token. Join us and start building your tomorrow.
ππ΅π Moonwell has generated ~$151K in fees over the last seven days, showcasing real, organic borrowing demand on Moonwell. This reaffirms our Day 1 mission of creating simple, accessible tools that anyone can use to explore the benefits of onchain finance.
ππ΄ββοΈπ A new market for VELO has been activated on Moonwell! @VelodromeFi is a next-generation AMM designed to serve as the central liquidity hub for the Superchain. The Moonwell community is now able to lend and borrow VELO on @Optimism.
ππ΄π WELL is now available on @VelodromeFi, the liquidity hub of the @Optimism Superchain. You can now easily transfer WELL to Optimism through the Moonwell app and ride into the new VELO-incentivized WETH/WELL liquidity pool. π΄ββοΈ
New Launch Alert π΄ A big welcome to @MoonwellDeFi who have launched the $WELL governance token on Velodrome. Voting incentives incoming! π³οΈ
Moonwell Leads in Flight School 13! πβοΈπ The Moonwell community continues to grow its protocol-owned liquidity flywheel on @AerodromeFi. The flywheel directs AERO emissions to the WELL<>WETH liquidity pool, helping to build deep liquidity for the WELL token on @Base.
Flight School Class 13 Partner Recap βοΈ Top Flight School projects: π₯ @MoonwellDeFi π₯ @KlimaDAO π₯ @overnight_fi π @UniversalAsset_ π @RFLOnBase These 5 protocols locked a combined 1,250,000 AERO and received an additional 35% veAERO lock bonus, along with all other
Moonwell Upgrades Oracle Extracted Value Mechanism to Boost Protocol Revenue
Moonwell has deployed an improved version of its Oracle Extracted Value (OEV) mechanism, more than a year after becoming the first lending protocol to implement this technology. **Key developments:** - New OEV contracts are now operational on Base and OP Mainnet - The upgraded system is designed to significantly increase protocol revenue - OEV allows Moonwell to capture value that was previously lost during liquidation events - Additional revenue flows back to WELL token stakers monthly The mechanism enhances capital efficiency by redirecting value that would otherwise be extracted by third parties during oracle price updates and liquidations. This represents a technical advancement in how DeFi protocols can optimize their economic models. For technical details, see the explanation from Luke Youngblood.
Moonwell Launches First Morpho V2 Vault Migration
Moonwell has launched its **Ecosystem USDC V2 Vault**, marking the first transition to the Morpho V2 standard on Base. **Key Updates:** - V2 vaults offer greater flexibility and enhanced capabilities compared to V1 - Deposits remain possible in V1 vaults, but liquidity is expected to migrate to V2 - All remaining Moonwell vaults will transition from V1 to V2 in coming weeks - The vault is now listed in the Morpho app and integrated with Jumper Exchange The upgrade builds on Morpho's existing infrastructure while providing users with improved functionality for their USDC deposits on Base.
Moonwell Closes USDC Vault on Optimism, Shifts Focus to High-Demand Markets
Moonwell has deprecated its Flagship USDC Vault and associated Morpho Isolated Markets on OP Mainnet, redirecting resources toward more productive opportunities. **Key Changes:** - New deposits are no longer accepted - Existing deposits remain fully accessible for withdrawal - No additional changes planned for this vault **Action Required:** - Withdraw remaining funds via [Moonwell](http://moonwell.fi) or Morpho app - Review positions to confirm balances post-withdrawal **Unaffected Services:** - All Moonwell Core Markets on OP Mainnet remain fully operational This follows Moonwell's recent Moonriver deprecation, which was prompted by Chainlink's oracle feed sunset. The protocol reduced collateral factors to 0% across all Moonriver markets to prevent bad debt accumulation. For withdrawal assistance, visit [Moonwell Discord](https://discord.com/invite/moonwellfi).
Moonwell Contributor Luke Youngblood Featured in Bloomingbit

Luke Youngblood, a contributor to the Moonwell protocol, has been featured in coverage by Bloomingbit. This follows previous media attention from Money, highlighting growing interest in Moonwell's work in the DeFi space. **Key Points:** - Moonwell contributor gaining media visibility - Featured across multiple financial media outlets - Reflects broader attention on the protocol's development The coverage comes as Moonwell continues its focus on building secure lending infrastructure in decentralized finance.
Crypto-Backed Loans Surge 32.72% in 2025

**Active crypto-backed loans grew 32.72% throughout 2025**, with the majority secured by Ethereum or Bitcoin collateral. This growth reflects increasing adoption of decentralized lending protocols as users leverage their crypto holdings for liquidity without selling their assets. - Primary collateral types: Ethereum and Bitcoin - Year-over-year growth: 32.72% - Trend indicates growing confidence in crypto-backed lending infrastructure