USDT0 Core Market Shows Strong Growth on Optimism Mainnet
USDT0 Core Market Shows Strong Growth on Optimism Mainnet
🌙 USDT0 Market Goes Boom
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
🌜🦋🌛 The Moonwell Flagship USDC Vault has arrived on @Optimism Mainnet, and rewards are here too! Deposit USDC to earn WELL, OP, and borrower fees — all in a single curated, risk-adjusted vault. Start earning today in the Moonwell app.
🌜🦋🌛 WELL and OP Rewards Now Live! Deposit USDC into the Moonwell Flagship USDC Vault on @Optimism Mainnet to start earning: ✨ WELL Rewards ✨ OP Rewards ✨ Borrower fees from @MorphoLabs Isolated Markets Start earning today, all in one place — the Moonwell app.
🌜🔴🌛 USDT0 Core Market Growth on OP Mainnet! Since its launch, the market has steadily gained traction, peaking at $18.6M supplied last week. This growth is driven by @Optimism's SuperStacks campaign alongside Moonwell's simple onboarding. Lend USDT0 on Moonwell to earn XP:
Use the Superchain and get rewarded: SuperStacks is here. Connect your wallet. Provide liquidity. Earn XP. Be the first to get started ↓
🌜🔴🌛 Moonwell is Superchain-ready. One unified experience across Base, OP Mainnet, and more. Lend and borrow wherever you are — powered by @Optimism interop.
In today’s DeFi landscape, apps feel fragmented: Forks on forks. Liquidity split. No shared logic. No shared rewards. Moonwell is doing it differently through the Superchain.
🌜🔴🌛 Moonwell has been awarded 115,196 OP in the latest round of @Optimism Retro Funding! 100% of the OP will be distributed as liquidity incentives, supporting the long-term growth and adoption of the Superchain.
The results are in! Retro Funding rewarded 206 projects and tools with 2.6M OP just in April! Overall, Retro funding has allocated 8M OP over the last 3 months. By rewarding apps and the tools behind them, Retro Funding empowers builders to keep building.
Moonwell Achieves 1 Billion WELL Tokens Staked
Moonwell has reached a significant milestone with 1 billion WELL tokens now staked across its protocol. This achievement demonstrates growing community trust and commitment to the platform's long-term vision. Key benefits of WELL staking: - Enhanced protocol security - Participation in governance decisions - Increased rewards through Reserve Auctions Users can stake WELL tokens on three networks: - Base - Optimism Mainnet - Moonbeam Network Visit [moonwell.fi/stake](http://moonwell.fi/stake) to participate in staking.
Moonwell Expands with Virtuals Protocol Integration and Circle Alliance
Moonwell announces significant developments in onchain AI and financial accessibility: - Over 1.34M VIRTUAL tokens now supplied to Moonwell on Base network - VIRTUAL serves as governance token for Virtuals Protocol - Platform enables lending/borrowing to support autonomous agents - Joined Circle Alliance Program to enhance global financial access - Launched Virtual U.S. checking accounts with no residency requirements **Key Features:** - Integrated VIRTUAL Core Market on Base - Virtual U.S. checking accounts available globally - Seamless lending and borrowing of VIRTUAL tokens [Explore VIRTUAL Market](https://moonwell.fi/markets/supply/base/virtual) [Join Moonwell Discord](https://discord.com/invite/moonwellfi)
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)
Chainlink Deploys WELL-USD Price Feed on Base and Optimism
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.