According to IntoTheBlock, MoonwellDeFi, one of the earliest lending protocols on Base, is pivotal in the ecosystem by offering markets for significant native assets on Base and collaborating with MorphoLabs for custom markets. Its innovative approach and key role make it a crucial protocol for traders to monitor with IntoTheBlock's Risk Pulse assessment.

According to @intotheblock, cbBTC, the wrapped Bitcoin on Ethereum and Base by Coinbase, is now trackable through their risk analytics for MoonwellDeFi. Currently, there are 39 cbBTC supplied, primarily utilized for borrowing USDC. This new feature allows traders to monitor liquidity movements and utilization effectively.