Moonwell $WELL will be delisted on Bybit Exchange pair with WELL/USDT on May 9th, 2025, 8AM UTC UTC.
What Is Moonwell (WELL)?
Moonwell is like an online money system where people can lend, borrow, and earn with their digital money (called crypto). It works on several special computer networks like Moonbeam, Moonriver, Base, and Optimism.
Moonwell is made to be safe, open, and run by the people who use it. That means users help make the rules and decide how things work.
The WELL token is the special coin used on Moonwell. It helps the system work in three main ways:
Voting: If you have WELL tokens, you can help decide on new ideas or changes.
Staking Rewards: You can lock up your WELL tokens to help keep the system safe, and you get rewards for doing it.
Cross-Chain: You can use WELL tokens on different networks, which makes them flexible.
As of May 7, 2025, each WELL token is worth about $0.0283, and there are around 3.28 billion tokens out there.
People like WELL tokens because:
They can help make decisions by voting.
They can Earn Crypto Rewards by staking their tokens.
They get to be part of the DeFi world (which means using digital money in smart ways).
Everything is Coins to Buy because it’s all recorded on the blockchain.
If WELL tokens are no longer sold on Bybit, don’t worry. Here’s what you should know:
It might be a little harder to buy or sell WELL on Bybit.
You can still use other places (called exchanges) to trade WELL.
You can still use your WELL tokens to vote and stake on Moonwell.
The system is still safe because Moonwell does regular checks and has protection tools.