- #489
Moonwell WELL
WELL Price
Market Cap
$79.52 MRank #489FDV
$171.48 MRank #448Investors
Twitter Followers
Twitter Performance
535Rank by Twitter #2575- 0
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- 4000
Detailed Performance
WELL shows Bullish signs against top cryptocurrencies, leading categories and blockchains over various time periods
WELL to USD Converter
Price History
- All-Time High
- $0.30058.76x to ATH
- All-Time Low
- $0.0029411.66x to ATL
- Trade Launch Date
- 23 Jun, 2022
671 days ago
Fundraising
See more- ICO Price
- $0.026
- Funds Raised
- $23.00 M
- Tokens Sold
- 1.56 B WELL
Exchanges
Exchanges type
Upcoming Events
About WELL
Moonwell is an open lending and borrowing DeFi protocol built on Moonbeam and Moonriver. It is supported by the Lunar Technology Foundation and aims to foster the development of the Moonwell protocol and its ecosystem. Moonwell allows assets within the Polkadot ecosystem to be used as collateral in DeFi applications, making them productive and composable with assets from other ecosystems like Ethereum, Solana, and Cosmos. It has gained recognition for its impressive team and is considered a key player in powering the Moonbeam, Moonriver, and broader DotSama ecosystem.
What makes Moonwell unique?
Moonwell is unique compared to other cryptocurrencies for several reasons:
1. DeFi Protocol: Moonwell is an open lending and borrowing DeFi protocol. It allows users to lend and borrow digital assets in a decentralized manner, eliminating the need for intermediaries like traditional banks.
2. Built on Moonbeam and Moonriver: Moonwell is built on Moonbeam and Moonriver, which are scalable EVM-compatible smart contract platforms. This allows Moonwell to leverage the benefits of the Polkadot ecosystem, such as interoperability with other parachains.
3. Lunar Technology Foundation: Moonwell is supported by the Lunar Technology Foundation, which is responsible for fostering the development of the Moonwell protocol and its ecosystem. This foundation ensures the long-term growth and sustainability of Moonwell.
4. Conservative Risk Parameters: Moonwell has implemented conservative risk parameters, especially in light of market volatility. This approach helps to mitigate risk and protect users' assets.
5. Wormhole Markets: Moonwell has introduced the concept of Wormhole Markets, which are new markets within the protocol. These markets provide additional lending and borrowing opportunities for users.
6. Community Engagement: Moonwell has an active and engaged community. Users can participate in discussions, provide feedback, and contribute to the development of the protocol through platforms like Telegram, Discord, and Twitter.
Overall, Moonwell stands out by combining the features of a decentralized lending and borrowing protocol with the scalability and interoperability provided by Moonbeam and Moonriver.
Live Moonwell Price Data
The current price of Moonwell (WELL) is approximately $0.034295, reflecting a decrease of -0.22% in the last 24 hours. The WELL trading volume in the last 24 hours stands at $725,998.05. Moonwell's market cap is currently $79.52 million, accounting for about < 0.01% of the total crypto market cap. The circulating supply of WELL is 2.31 billion.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Moonwell's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on WELL, check out our crypto insights page.
Official Links
WELL to USD Converter
Price History
- All-Time High
- $0.30058.76x to ATH
- All-Time Low
- $0.0029411.66x to ATL
- Trade Launch Date
- 23 Jun, 2022
671 days ago
Fundraising
See more- ICO Price
- $0.026
- Funds Raised
- $23.00 M
- Tokens Sold
- 1.56 B WELL