On November 28th, 2022, following a record historical repose period of 38 years, Mauna Loa erupted about 145 × 10⁶ m³ of lava and tephra over a 15-day period. The eruption was confined to the summit caldera region and the upper Northeast Rift Zone and is remarkably homogeneous in composition in both time and space. In these respects, it is typical of prior shallow summit reservoir magma bodies, recently estimated to be at a depth of around 1–2 km beneath the caldera. In contrast with these earlier magma bodies, which typically contain 6.7–7.1% MgO and are perched at the low-MgO end of olivine-control trends, the 2022 lava and tephra are more evolved with 6.24 + / − 0.03% MgO. This implies a temperature difference of around 11 °C with the prior 1984 magma. The simplest explanation is that over 38 years, cooling and crystallization of the remaining 1984 magma body has significantly exceeded magma recharge, giving rise to the evolved 2022 magma. The problem with this model is that we know from a variety of geophysical observations that in those 38 years, Mauna Loa has been erratically inflating, with heightened periods since around 2000 attributed to magma recharge. To reconcile these differences, we suggest instead that the 1984 magma cooled and crystallized much more extensively, from 1166 °C to around 1106 °C, co-crystallizing plagioclase, clinopyroxene, pigeonite and subsequently enstatite instead of pigeonite. At this point, the residual 1984 magma would have an MgO content around 4.2% and been about 50% solidified. Subsequent recharge and mixing by dominantly reservoir magmas, derived from a deeper 3–4-km intermediate magma reservoir, eventually produced the 2022 magma.