Moonwell

What is Moonwell?

Moonwell is a multi-chain, non‑custodial lending and borrowing protocol designed to streamline DeFi operations across the Web3 landscape. Launched initially on Moonriver and now deployed on Base, Moonbeam, and Moonriver, it enables businesses to supply assets, earn interest, collateralize positions, and borrow against digital holdings—without relying on centralized intermediaries :contentReference[oaicite:1]{index=1}.

Organizations benefit from Moonwell’s interoperability and asset flexibility. Supported tokens include stablecoins (USDC, DAI), tokenized ETH and BTC (cbETH, wbETH, cbBTC), plus Polkadot ecosystem assets (GLMR, xcDOT). These pools attract liquidity from cross-chain sources, unlocking deeper capital efficiencies and yield-generation opportunities :contentReference[oaicite:2]{index=2}.

Moonwell emphasizes accessibility and security for business workflows. The interface is intuitive for teams integrating DeFi into operations. Underlying smart contracts undergo rigorous auditing, including assessments by Halborn in 2024 and Code4rena bug‑bounty pools funded up to $250,000—ensuring robust risk mitigation and asset protection :contentReference[oaicite:3]{index=3}.

Economic and risk controls are powered by Chainlink price oracles and Gauntlet-run simulations—allowing dynamic interest-rate adjustments, safe liquidation thresholds, and automated financial safeguards :contentReference[oaicite:4]{index=4}. :contentReference[oaicite:5]{index=5} :contentReference[oaicite:6]{index=6}.

To date, Moonwell has accrued substantial Total Value Locked (TVL), exceeding $150 million on Moonriver, representing one of the largest DeFi deployments within the Polkadot-Dotsama ecosystem :contentReference[oaicite:7]{index=7}. :contentReference[oaicite:8]{index=8}

Integration with Cryptoworth

Moonwell’s integration with Cryptoworth enables automated ingestion of wallet and pool activity across Base, Moonbeam, and Moonriver. Cryptoworth captures:

• Supply and borrow transactions with mToken tracking
• Interest accrued through dynamic rates
• Liquidation events and collateral movements
• Governance staking and WELL token transfers

Cryptoworth transforms this data into a structured subledger—categorizing asset flows, calculating cost basis and income, and producing exportable journal entries for GL systems such as QuickBooks or NetSuite.

Learn More

• Moonwell Official Website
• Moonwell Developer Documentation
• Moonwell Governance & Community Forum

Frequently Asked Questions

How does Moonwell maintain protocol safety for institutions?

Moonwell relies on a multi-layered security approach: smart contract audits by Halborn (including in February–March 2024) and Code4rena bounties up to $250,000 provide third‑party oversight :contentReference[oaicite:9]{index=9}. Chainlink oracles and Gauntlet economic simulations calibrate interest curves and liquidation hands to safeguard against extreme volatility. Cryptoworth ingests these events to reflect accurate risk status in finance systems and subledger exports—maintaining precise operational visibility. Read more on our Crypto Accounting Software pillar.

Can I integrate Moonwell data into existing accounting systems?

Absolutely. Cryptoworth captures all supply/borrow, interest accrual, liquidation, and WELL governance actions. It outputs standardized journal entries and schedules—making Moonwell transactional activity compatible with enterprise accounting workflows. This enables seamless synchronization with tools like QuickBooks, NetSuite, and ERP platforms. Learn more at our Crypto Audit page.

What governance role does WELL token play?

The WELL token empowers community-driven decision-making over protocol parameters, including interest rates, asset listings, and cross-chain configurations. Staked WELL grants voting power in Moonwell’s DAO. Cryptoworth tracks WELL-related transactions—such as stakes, voting events, and token transfers—categorizing them as governance activity for reporting. Discover how it complements our Accounts Receivable Automation Software flow.