Zenlink on Moonriver: A Deep Review of the Low-Liquidity DEX

Zenlink on Moonriver: A Deep Review of the Low-Liquidity DEX

Zenlink Slippage Calculator

Zenlink Slippage Calculator

Calculate how much your trade will be impacted by low liquidity on Zenlink's Moonriver DEX. Based on real data showing up to 8% slippage for $50 trades.

When you hear "Zenlink on Moonriver," it sounds like a powerful DeFi tool - a cross-chain bridge, a multi-chain DEX, built for the future. But the reality? It’s a niche experiment struggling to stay alive. As of November 2025, Zenlink’s Moonriver version has a 24-hour trading volume of just $14.73. That’s less than the cost of a coffee. For comparison, Solarbeam, the top DEX on Moonriver, trades over $1,600 in the same time. If you’re looking to trade crypto on Moonriver, Zenlink isn’t the place to start.

What Zenlink Actually Does on Moonriver

Zenlink is a decentralized exchange protocol that runs on Moonriver, Kusama’s Ethereum-compatible parachain. It’s not a standalone exchange like Uniswap. Instead, it’s designed to connect liquidity across Polkadot and Kusama parachains using its ChainHub technology. On Moonriver, it lets users swap between three tokens: ZLK (its native token), MOVR (Moonriver’s native token), and one stablecoin variant. That’s it. Only four trading pairs exist. No ETH, no BTC, no popular memecoins. Just ZLK, MOVR, and a stablecoin.

The platform uses an automated market maker (AMM) model - meaning trades happen against liquidity pools, not order books. You need to deposit equal values of two tokens to add liquidity. That’s standard. But here’s the catch: the pools are tiny. The biggest pair, ZLK to the stablecoin, trades just $14.73 a day. That means even a $50 trade can cause over 8% slippage. Users report failed trades because the price moves too much before execution.

Why Zenlink’s Liquidity Is So Poor

Liquidity is the lifeblood of any DEX. Without it, you can’t trade without massive price impact. Zenlink’s Moonriver version suffers because:

  • Its native token, ZLK, was delisted from Binance in Q2 2025 - cutting off a major source of buying pressure.
  • Moonriver itself has collapsed. Its total DEX volume is under $132,000 per day. That’s less than 0.01% of Uniswap’s volume.
  • Developers have moved on. Zenlink’s Moonriver GitHub repo had only 12 commits in Q3 2025. Solarbeam had 287.
  • No incentives. Unlike Solarbeam, which gets 20% of Moonriver’s treasury funds, Zenlink gets no funding or airdrops to attract liquidity providers.

As a result, liquidity providers have left. Why lock up your tokens in a pool that barely moves? The math doesn’t add up. Even if you earn fees, the slippage and failed trades make it not worth the risk.

How Zenlink Compares to Other Moonriver DEXs

Here’s how Zenlink stacks up against the two main competitors on Moonriver as of November 2025:

Moonriver DEX Comparison (November 2025)
DEX 24h Volume Trading Pairs Market Share UX Rating Cross-Chain?
Solarbeam $1,675.98 25 82.2% 8.7/10 No
Huckleberry $191.26 18 17.1% 7.9/10 No
Zenlink $14.73 4 0.7% 6.2/10 Yes

Solarbeam dominates because it has depth, features, and funding. It supports yield farming, NFT trading, and has a clean interface. Huckleberry wins with gamified rewards and better stablecoin liquidity. Zenlink? It’s the only one with cross-chain swaps - but that feature is useless if you can’t even swap $100 without losing 8% of your value.

User facing a failed trade with 8.7% slippage, a ghostly cross-chain bridge floating uselessly behind them.

Is Zenlink’s Cross-Chain Feature Worth It?

Yes - in theory. Zenlink’s ChainHub protocol lets you swap assets from Moonriver to other Polkadot parachains like Astar or Pendulum. That’s technically impressive. But here’s the problem: no one is using it.

Only 18% of Zenlink’s total volume comes from Moonriver. The rest is on Astar, where liquidity is higher. On Moonriver, there’s no demand for cross-chain swaps because there’s no liquidity to swap to. If you try to move ZLK from Moonriver to Astar, you’ll likely find the destination pool empty or the price so skewed it’s not worth it.

Think of it like a highway with no cars. The road is built. The signs are clear. But no one’s driving. The feature exists - but it’s a ghost.

How to Use Zenlink on Moonriver (If You Must)

If you still want to try it, here’s how:

  1. Install MetaMask, Trust Wallet, or Math Wallet.
  2. Add the Moonriver network manually:
    • Network Name: Moonriver
    • RPC URL: https://rpc.api.moonriver.moonbeam.network
    • Chain ID: 1285
    • Currency Symbol: MOVR
    • Block Explorer URL: https://moonriver.moonscan.io
  3. Buy some MOVR (for gas) from a centralized exchange and send it to your wallet.
  4. Go to zenlink.pro/moonriver and connect your wallet.
  5. Select a pair (only ZLK/MOVR or ZLK/stablecoin work).
  6. Enter your amount. Watch the slippage - if it’s above 5%, walk away.

Expect a 25-35 minute setup if you’re new. Common mistakes? Wrong RPC URL (63% of support tickets), not having enough MOVR for gas (31%), or picking a pair with no liquidity (27%).

Abandoned highway for cross-chain swaps with a broken car and empty gas tank, while a vibrant city shines in the distance.

Security and Fees

Zenlink’s smart contracts have been audited by CertiK and PeckShield. The latest audit (March 2025) fixed three medium-severity bugs. That’s good. No exploits have occurred since. But audits don’t fix liquidity.

Fees are low - between $0.001 and $0.015 per swap. That’s cheaper than Ethereum. But you’re still paying gas in MOVR, which has dropped 72% since January 2025. If you’re trading small amounts, fees aren’t the issue. Slippage is.

User Reviews and Real Experiences

User feedback is brutal:

  • Reddit user u/DeFi_Trader88: "Tried swapping $100 on Zenlink - 8.7% slippage killed the trade. Went to Solarbeam instead with 0.2% slippage. Zenlink’s cross-chain feature is cool but useless when you can’t trade without massive price impact."
  • CoinGecko reviews: 2.8/5 average from only 7 reviews. Top complaints: "high slippage," "limited tokens," "failed transactions."
  • Trustpilot: 2.1/5 overall (mostly from Astar users, not Moonriver).

One user summed it up perfectly: "Zenlink on Moonriver is like having a fancy sports car with no gas - technically impressive but can’t go anywhere useful."

Is Zenlink (Moonriver) Worth It in 2025?

No - unless you’re doing one of these:

  • Testing cross-chain mechanics for research or development.
  • Wanting to hold ZLK as a speculative bet on Polkadot’s future.
  • Have $10 or less to lose and want to experiment with Moonriver’s ecosystem.

For everyone else - trading, swapping, earning yields - Zenlink on Moonriver is a dead end. The numbers don’t lie. Volume is collapsing. Liquidity is gone. Developers have shifted focus to Astar. The community is silent. Even the Moonriver treasury is funding Solarbeam, not Zenlink.

If Moonriver makes a comeback in 2026 - and that’s a big "if" - Zenlink might get a second life. But right now? It’s a relic. A prototype that never found its users.

Stick with Solarbeam if you’re on Moonriver. It’s the only DEX there that actually works.

Can I make money trading on Zenlink (Moonriver)?

No. The trading volume is too low ($14.73 daily) to support profitable trades without massive slippage. Even small swaps of $50 can lose 8% or more in price impact. Liquidity providers earn almost no fees, and there are no yield farming incentives. It’s not a place to earn - it’s a place to observe.

Is Zenlink (Moonriver) safe to use?

Technically, yes - its smart contracts have been audited by CertiK and PeckShield, and no exploits have occurred. But safety doesn’t mean usability. You won’t get hacked, but you might lose money from slippage or failed transactions due to thin liquidity. Always use small amounts.

Why is Zenlink’s volume so low compared to Solarbeam?

Solarbeam has funding from Moonriver’s treasury (20% of Q4 2025 allocations), better UI, more token pairs, and active marketing. Zenlink has none of that. It’s a developer project with no user incentives. Also, ZLK was delisted from Binance in 2025, cutting off major liquidity. Without demand, no one adds liquidity - and without liquidity, no one trades.

Does Zenlink support Ethereum tokens on Moonriver?

Only if they’re wrapped or native to Moonriver. Zenlink doesn’t support direct bridging from Ethereum. You must first bring tokens to Moonriver via the Moonbeam bridge or another gateway, then trade them on Zenlink. It’s a two-step process, and most popular tokens (like USDT, WBTC) aren’t even listed.

What’s the future of Zenlink on Moonriver?

Very bleak. Development has shifted to Astar and Polkadot. The Moonriver version hasn’t had a meaningful update since October 2025. Analysts predict its market share will drop to 0.4% by Q1 2026. If Moonriver doesn’t revive, Zenlink could be delisted or abandoned entirely. Don’t count on it surviving past 2026.

Should I add liquidity to Zenlink’s pools?

Only if you’re willing to lose money. The pools are so thin that even small trades cause huge price swings. You’ll earn minimal fees, and your tokens could be locked in a pool with no buyers. The risk-reward ratio is terrible. Most liquidity providers have already pulled out. Don’t be the last one holding the bag.

Comments (14)

  • sky 168

    sky 168

    21 11 25 / 21:59 PM

    Zenlink on Moonriver is dead. Move on.

  • Devon Bishop

    Devon Bishop

    22 11 25 / 15:17 PM

    Yeah i tried using it last week to swap some ZLK for MOVR and got slapped with 12% slippage on a $20 trade. My wallet cried. Solarbeam did the same swap in 2 seconds with 0.3% slippage. Zenlink’s cross-chain thing is just a fancy loading screen at this point.

  • Khalil Nooh

    Khalil Nooh

    23 11 25 / 01:25 AM

    Let me be clear: this isn’t a failure of technology. It’s a failure of incentives. Developers built a bridge to nowhere because they assumed liquidity would come. It didn’t. No airdrops. No treasury support. No marketing. Just a whitepaper and a GitHub repo collecting dust. The real tragedy? This could’ve been the foundation for a true Polkadot interoperability hub. But without funding, vision, and community, it’s just digital wallpaper.

  • jack leon

    jack leon

    24 11 25 / 21:20 PM

    Imagine building a Lamborghini with a 5-gallon gas tank and calling it a masterpiece. That’s Zenlink. The engine? Pure genius. The fuel? A joke. The road? Empty. The people? Already driving Teslas on Autopilot while Zenlink’s devs sip coffee in their Astar office. This isn’t a DEX. It’s a museum exhibit labeled ‘What Could’ve Been.’

  • Chris G

    Chris G

    26 11 25 / 11:20 AM

    Volume is $14.73? That’s not a DEX thats a bot testnet. Anyone who thinks this is viable is delusional. Solarbeam has 100x the volume and 10x the pairs. End of story. Also ZLK got delisted from Binance because it was a rug. No one cares anymore.

  • Phil Taylor

    Phil Taylor

    28 11 25 / 00:27 AM

    Of course it’s dead. American crypto projects always overpromise and underdeliver. We in the UK had real DeFi in 2018. This Moonriver nonsense is just another Silicon Valley fantasy. If you want cross-chain, use Polkadot’s native bridges. Not this half-baked moon math.

  • diljit singh

    diljit singh

    29 11 25 / 05:05 AM

    Only newbies still checking Zenlink. You think you’re early? Nah you’re just late to the funeral. ZLK is garbage. Moonriver is dead. Even the devs left. Stop wasting time. Go trade on Binance. Or better yet go outside. Sun is nice.

  • Abhishek Anand

    Abhishek Anand

    30 11 25 / 20:34 PM

    There’s a metaphysical truth here: liquidity is not a technical problem but a spiritual one. Zenlink’s pools are empty not because of code but because desire has vanished. The market no longer believes in ZLK as a vessel of value. The AMM algorithm is not broken - it is mournful. It executes trades in a vacuum, whispering to ghosts. The highway is built, yes. But the travelers have lost faith in the destination. What is a bridge without pilgrims?

  • vinay kumar

    vinay kumar

    1 12 25 / 11:32 AM

    Why even write a whole post about this? Its obvious nobody uses it. Look at the numbers. Thats it. Done. Move on. No need to overthink. Just delete the tab and go drink coffee.

  • Lara Ross

    Lara Ross

    2 12 25 / 02:16 AM

    While the data is undeniably grim, let’s not dismiss the architectural ambition. Zenlink’s cross-chain framework represents a foundational leap in interoperability design. The fact that it’s underutilized today doesn’t negate its long-term potential - it simply underscores the urgent need for coordinated ecosystem support. We must rally developers, treasury committees, and liquidity providers to reinvest. This isn’t the end. It’s a call to action.

  • Leisa Mason

    Leisa Mason

    3 12 25 / 07:27 AM

    Someone spent hours writing this like it’s a funeral eulogy for a startup. Newsflash: it’s a failed experiment with $14 in daily volume. No one cares. No one will care. The only thing worse than Zenlink on Moonriver? People who still pretend it matters.

  • Rob Sutherland

    Rob Sutherland

    3 12 25 / 19:29 PM

    It’s funny how we treat crypto protocols like they’re living things. We mourn their deaths like they’re friends. But Zenlink never really lived - it was a hypothesis. And hypotheses die all the time. Maybe that’s the lesson: not every beautiful idea needs to survive. Sometimes the most valuable thing is the path it showed us, not the destination it reached.

  • Tim Lynch

    Tim Lynch

    4 12 25 / 00:21 AM

    I used to think Zenlink was the future. Now I see it as a monument to hubris. They built a cathedral in the desert, expecting rain. They didn’t realize the desert was already dying. The real tragedy isn’t the $14.73 volume - it’s that so many people still believe in the rain. The clouds have moved on. The wind has changed. And the only thing left is dust - and a very detailed guide on how to pray to an empty altar.

  • Jack Richter

    Jack Richter

    4 12 25 / 01:27 AM

    Why am I reading this? I just came here to check if my ZLK balance went up. It didn’t. Closing tab.

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