From Terraria Wiki
|Tooltip||Increases all stats if worn during the night|
- Not to be confused with the Moon Charm.
The stat bonuses are:
- +10% melee speed
- +10% damage (all types, including minion)
- +2% critical strike chance
- +2 HP/s life regeneration
- +4 defense
- +15% pickaxe speed
- +50% minion knockback
- Wearing a Moon Charm or Moon Shell will give a much clearer indication of whether it is day time or night time, also providing an extra night time buff of its own (for melee mainly).