Moonwell (CRYPTO: WELL) — Company Overview, News & Financial Data
Moonwell is a decentralized, non-custodial lending and borrowing protocol operating across multiple blockchain networks including Base, Ethereum, Optimism, Moonbeam, and Moonriver.
Moonwell
About
Moonwell is a decentralized, non-custodial lending and borrowing protocol operating across multiple blockchain networks including Base, Ethereum, Optimism, Moonbeam, and Moonriver. The protocol allows users to supply digital assets to earn interest or use supplied assets as collateral to borrow cryptocurrencies without relying on centralized financial intermediaries. Governed by a decentralized autonomous organization through its native utility token, the protocol utilizes automated smart contract money markets audited by third-party security firms. Users interact directly with liquid on-chain pools to manage borrowing positions, collateral ratios, and yield strategy allocations across supported EVM-compatible environments.
Snapshot
Operations
Products and/or services of Moonwell
- Decentralized Money Markets: Non-custodial lending and borrowing protocol smart contracts enabling users to deposit digital assets to earn interest yield or post collateral to draw loan positions across supported EVM-compatible blockchain networks.
- Governance Protocol: An ERC-20 token governance mechanism enabling community members to create, evaluate, and vote on protocol parameter modifications, risk management policies, collateral factor adjustments, and liquidity reserve distributions.
- Base Layer 2 Liquidity Pools: Deployed smart contract lending markets on Coinbase Base Layer 2 network, facilitating collateralized borrowing and supply yields for assets including USD Coin, Ethereum, Aerodrome, Morpho, and cbBTC.
- Ethereum Mainnet Markets: Smart contract liquidity pools on the Ethereum Layer 1 blockchain offering non-custodial lending, borrowing, and yield generation for major digital assets such as Wrapped Bitcoin, Tether, and USD Coin.
- OP Mainnet Deployment: Money market smart contracts integrated with Optimism Layer 2, enabling automated collateralized borrowing, lending, and interest accrual for native Layer 2 and bridged ERC-20 digital tokens.
- EVM Parachain Markets: Protocol liquidity deployments on EVM-compatible Polkadot and Kusama parachains, facilitating non-custodial lending, collateralized borrowing, and interest distribution for cross-chain wrapped assets and parachain tokens.