Base

Moonwell🌜☀️🌛 Takes Flight | Aerodrome Showcase ✈️

How @moonwell leveraged Aerodrome's flywheel on Base to build a $25M liquidity pool generating $200K+ in weekly fees:

In Epoch 50, the @moonwell community kickstarted a bootstrapping program by offering weekly incentives of $1K-$4K on the WELL - WETH pool. This attracted ~$5M in TVL to begin with—establishing a foundation for growth.

As user activity picked up, WELL trading volume increased. This not only grew trading fees but also drove higher AERO emissions, fueling the flywheel effect and steadily growing TVL.

An open lending and borrowing DeFi protocol built on Base, Moonbeam, and Moonriver.

The central trading and liquidity marketplace on BASE

https://aerodrome.finance

By Epoch 61, WELL - WETH had hit its stride, generating over $200K in weekly fees as TVL expanded to $24M. Moonwell’s strategy clearly paid off!

Today, the WELL - WETH pool holds over $25M, providing deep liquidity that enables low-slippage swaps of nearly any size—further solidifying Moonwell’s place in the Base ecosystem.

Moonwell's liquidity expansion strategy now includes a new Slipstream pool offering consistent AERO rewards to the current price tick, which encourages very efficient liquidity and leads to low slippage swaps.