
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 @layer3xyz 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 @layer3xyz: 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 @layer3xyz. 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 @layer3xyz: 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
Moonbeam Network Sunset Deadline Approaches: One Week Remaining for WELL Token Transfers
The Moonbeam network on Polkadot will shut down on **July 31, 2026** - just one week away. WELL token holders must act immediately to avoid losing access to their assets. **Key Actions Required:** - Transfer all WELL tokens from Moonbeam to Base, Optimism, or Ethereum before July 31 - Transfers are 1:1 and complete in minutes at [moonwell.fi/transfer](http://moonwell.fi/transfer) - Over 25M WELL remains staked on Moonbeam - the 7-day cooldown has been removed for immediate redemption **Critical Details:** - Assets remaining on Moonbeam after July 31 may become permanently inaccessible - This affects only Moonbeam deployments - Base, Ethereum, and Optimism markets remain unaffected - Users should also withdraw any supplied assets and close positions before the deadline The network shutdown was decided independently by the Moonbeam team. Support available at [support.moonwell.fi](http://support.moonwell.fi).
Moonwell Borrowing Surges Across Networks

Borrowing activity accelerated across Moonwell's lending markets last week, with notable increases on multiple chains. **Key Metrics:** - USDT borrows on Ethereum: **+236%** - USDC borrows on Ethereum: **+148%** - VELO borrows on OP Mainnet: **+206%** (reaching nearly 6M VELO) This uptick follows recent protocol enhancements, including new borrow incentives for USDC, USDT, ETH, and cbBTC on Ethereum. Users can now earn WELL tokens while borrowing these assets. The growth comes as Moonwell continues expanding across chains. Since launching on Ethereum in June, the protocol has attracted over $3.5M in supplied assets. Supply-side WELL incentives remain active across all Ethereum markets. Moonwell operates on Ethereum, Base, and OP Mainnet, offering lending and borrowing for stablecoins, ETH, cbBTC, and other assets. All smart contracts are audited by Halborn Security. [View Markets](http://moonwell.fi/markets/ethereum)
Major Exchanges Support WELL Token Migration to Base
**Multiple exchanges backing WELL's network move** HTX has joined several major exchanges in supporting WELL token migration from Moonbeam Network to Base. The exchange will handle the token swap process for users holding WELL. **Who's involved:** - HTX (latest to announce) - CoinEx - Gate - KuCoin All exchanges are coordinating the migration through their respective token swap processes. Users should check individual exchange announcements for specific timing and requirements. [HTX announcement](https://www.htx.com/support/45038320763647/) This coordinated support from multiple platforms simplifies the migration process for WELL holders across different exchanges.
Moonwell Launches $250K Bug Bounty Program with Sherlock

Moonwell has partnered with Sherlock to launch a bug bounty program offering rewards up to $250,000 for security researchers who responsibly disclose vulnerabilities in the protocol. **Key Details:** - Maximum reward: $250,000 - Partnership with [@sherlockdefi](https://twitter.com/sherlockdefi) - Focus on responsible disclosure - Aims to strengthen protocol security The program invites security researchers to help identify and report potential vulnerabilities, reinforcing Moonwell's commitment to maintaining a secure DeFi platform. Security researchers interested in participating can review the program details and begin their assessments.
Moonwell Launches Borrower Rewards Program on Ethereum
Moonwell has expanded its rewards program to include borrowers on Ethereum. Users can now earn WELL tokens by borrowing USDC, USDT, ETH, or cbBTC across all Ethereum markets. This follows the June launch of supply-side incentives, where lenders earned WELL rewards plus borrower interest. The platform now rewards both sides of the lending equation. **Key Details:** - Borrowing rewards live across all Ethereum markets - Supported assets: USDC, USDT, ETH, cbBTC - Complements existing supply rewards program The dual incentive structure aims to boost liquidity and participation on both lending and borrowing sides of the protocol.