Moonwell Lending Hack 2026 — $2M Exploit Analysis

Moonwell Lending lost ~$1.78M through a cbETH collateral exploit on Base; recovery status unknown.

Details

• Date: 2026-02-15
• Amount Lost: $1,780,000
• Chain(s): Base
• Category: Collateral Exploit
• Technique: cbETH collateral exploit
• Status: Not Recovered
• Amount Recovered: None reported

Full Description

On February 15, 2026, Moonwell Lending was exploited through a cbETH collateral exploit, resulting in approximately $1.78M in losses on Base. The recovery status of the stolen funds remains unknown.

Laundering Analysis

No laundering activity observed. Recovery status unknown.

Sources

• https://www.certik.com/
• https://www.trmlabs.com/

Transaction Hashes

• N/A

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