Moonwell Lending · Base

ETH

Overview

The Moonwell Lending ETH pool on Base is a single-asset lending position where suppliers earn variable interest on Ether deposits. The protocol generates yield by matching borrowing demand against pooled liquidity and distributing the resulting interest spread to lenders.

Total APY of 1.01% comprises base lending at 0.71% plus an additional reward layer contributing 0.30%. Over the past seven days, the rate has risen by 0.47%, while over thirty days it has declined by 0.30%, placing the current APY below the 30-day mean of 0.99%.

TVL stands at $2.34M with no reported change in the last week; primary exposure is smart-contract risk due to the single-asset nature and volatile underlying asset. This pool typically sees moderate utilisation rates for Ether within the Moonwell Lending framework.

Composed 2026-05-20 from the structured data above. See methodology for the full pipeline.

Risk profile

• Smart contract risk

  Funds are deposited into a smart contract. A bug or exploit in the contract could lead to total loss. Audits reduce, but do not eliminate, this risk. Check the protocol page for audit history.

• Yield variability

  Current APY is 0.94%; 30-day mean is 1.01%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 86% confidence based on historical patterns.

These notes are derived from the pool's structured data, not editorial advice. See our methodology.