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- #Gate 2025 Semi-Year Community Gala# voting is in progress! 🔥
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$WELL boosts more than 20% as Moonwell Flagship Vaults exceed $90M Deposits
$WELL, utility & governance token of Moonwell, an open lending & borrowing app on Base & Optimism, is up over 20% in the past 24,hours, & now trades around $0.07737, with inflow of $1.38M, as per Gate.io chart.
This follows the massive spike in the ecosystem activities with the Moonwell Flagship Vaults recently crossing $90 million in deposits. The lucrative vaults provide the simplest lending experience on Base, delivering optimized, risk-adjusted returns for ETH, USDC, & EURC depositors.