Moonwell DeFi fees milestone: Lenders earn $20 million across three networks

Moonwell lenders have collectively earned $20 million in fees across Base, Optimism and Ethereum, marking a milestone for the platform’s decentralized finance business. Moonwell’s DeFi fees milestone reflects increasing lending activity and adoption across the three blockchain networks. Moonwell’s DeFi fees milestone spans three networks The $20 million total represents earnings received by lenders using Moonwell across Base, Optimism and Ethereum . The achievement brings together activity on multiple networks rather than a single blockchain. For lenders, the milestone measures fees already earned through participation in the platform.

Source: The Cryptonomist