Moonwell is a decentralized lending and borrowing protocol built on Base, OP Mainnet, Moonbeam, and Moonriver networks. Moonwell's Twitter Score is 104 out of 1000 (an Excellent rating) as of July 2026, ranking #8,321 (top 5%) among 389,587 tracked accounts.
Moonwell was founded by Luke Youngblood as Founder at Lunar Labs, which serves as the protocol's founding contributor. Moonwell raised a $10 million private token sale in March 2022, backed by investors including Haun Ventures, Lemniscap, Robot Ventures, Arrington XRP Capital, Hypersphere Ventures, Mirana Ventures, and others. The protocol's WELL token was upgraded to the xERC20 standard for multichain functionality in April 2024.
Moonwell operates with a network of contributors and service providers: Anthias handles onchain risk modeling and protocol optimization, Halborn Security provides end-to-end auditing and real-time monitoring, Boardroom facilitates governance, Rome Blockchain Labs assists with technical implementation, and VectorDAO contributes application design and development. The protocol has advisors including 0xMaki, Brandon Kase, Justin Lee, and Mason Borda. Moonwell has reported a total value locked of approximately $69.67 million across Base, OP Mainnet, Ethereum, and Moonbeam, per DefiLlama.
Moonwell has experienced two security incidents reported by DefiLlama: a hack in November 2025 resulting in approximately $1 million in losses via oracle manipulation, and a further incident in February 2026 resulting in approximately $1.78 million in losses via a cbETH collateral exploit. Moonwell has 55,177 followers as of July 2026 and has published 4,795 posts. The account has been mentioned by 350 accounts, with 1,353 total mentions.
Who follows Moonwell on X?
The accounts that follow Moonwell include 334 founders, 81 angel investors, 247 influencers and 19 VCs, among them Laura Shin, Erik Voorhees, Luca Netz, Base, Mario Nawfal and Tarun Chitra.