Moonwell Lending · Base

WSTETH

Overview

The Moonwell Lending WSTETH pool on Base is a single-asset lending position where suppliers earn variable interest on Wrapped Staked ETH deposits. Moonwell routes borrowing demand against pooled liquidity and pays lenders from the resulting interest spread. Total APY stands at 38.59%, with no additional reward component. The 7-day trend shows an increase of 4.74% while the 30-day trend is up 25.71%, indicating that current rates are well above the 30-day mean of 17.04%. TVL currently sits at $1.53M with no reported change over the past week; primary exposure here is smart-contract risk due to the nature of the lending protocol. The utilization rate on this pool aligns within typical ranges for similar asset and protocol categories.

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 0.04%; 30-day mean is 0.08%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 70% confidence based on historical patterns.

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