Moonwell DeFi has reported significant growth in its lending platform, with total assets supplied reaching $486 million and active loans at $298 million, marking record highs. The platform has also seen a notable increase in the supply of cbBTC, which has reached $69.2 million, representing 34% of all cbBTC on Base. To enhance the adoption of USDC, incentives for lending USDC on Moonwell have been increased by a total of $90,000. This includes a recent boost of $60,000 aimed at fostering growth for Circle's USDC stablecoin. The overall lending market on Base has expanded by approximately tenfold since the beginning of the year, with Moonwell leading this growth alongside other platforms such as Aave and MorphoLabs.