KuCoin is facilitating the migration of WELL tokens from Moonbeam to Base, giving holders on the exchange one less thing to worry about as Moonbeam prepares to shut down entirely on July 31, 2026.
The move means KuCoin users holding WELL on the Moonbeam network won’t need to manually bridge their tokens. The exchange will handle the swap internally, converting Moonbeam-based WELL to Base-native WELL through a token swap process.
Why the migration matters
Moonbeam, the Polkadot-connected smart contract platform, is winding down operations entirely. The network has announced a full shutdown scheduled for July 31, 2026, which includes a one-to-one migration of its native GLMR token to Base.
Moonwell operates as a cross-chain lending and borrowing protocol across several EVM-compatible networks, including Base, Moonbeam, Optimism, and Moonriver. With Moonbeam going dark, the protocol has been actively encouraging token holders to transfer their WELL to supported chains using built-in tools available through the Moonwell app, no external bridges required.
