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Base

Moonwell USDC

USD
USDC · US dollar
15.70%
live compounded APY
CompoundedMedium riskGrowing protocolLower feesInstant exit

Supply USDC to Moonwell on Base (mUSDC). The rate shown is compounded Base APY (borrower interest auto-compounds into mUSDC) — the same figure moonwell.fi labels Supply APY. WELL rewards are a separate claim and are not included. Withdraw underlying anytime.

APY history loads in the browser.

How yield works here

You supply USDC to Moonwell on Base and receive mUSDC — a receipt token that grows as borrowers pay interest. The number on this card is compounded Base APY: Moonwell accrues a per-second supply rate, and we convert it the same way their app does — ((rate × 86,400 + 1) ^ 365) − 1 — not a simple APR. Interest compounds into mUSDC automatically. WELL token incentives, if any, must be claimed separately and are not in this number.

Risks to know

  • Smart contract risk in Moonwell's lending contracts.
  • Liquidity risk — withdrawals depend on available pool liquidity.
  • Oracle risk — price feeds drive collateral and liquidation logic.
  • Newer L2-native protocol — smaller track record than mainnet incumbents.

Cool detail

Moonwell is one of Base's home-grown lending markets — built for the chain's low fees, so compounding small deposits actually makes economic sense.

Withdrawal

Withdraw underlying USDC anytime, subject to pool liquidity.

Learn more

Moonwell documentation

Not investment advice. Yield is not insured or guaranteed. Capital is at risk. You sign every transaction from your own wallet.