Volume has been way down across @Base in the last couple months due to macro-economic forces that are affecting crypto markets in general.
It is refreshing to see @MoonwellDeFi still clear almost $1 million in fees for lenders. This doesn't count the Morpho vault yield- gmamo!🌱
🌜📊🌛 In September, Moonwell generated $928K in fees across @Base and @Optimism Mainnet.
These fees flowed to lenders and reserves, which are later used to acquire WELL from the open market. Growth was driven by ETH, USDC, and AERO, with two notable spikes of $150K and $90K.
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