Moonriver is a cryptocurrency network project focused on providing advanced smart contract functionality compatible with the Ethereum network, but built on Kusama on the network and its numerous parallel chains. Its goal is to provide higher speed and scalability for applications built simultaneously on the Ethereum and Kusama networks.
Moonriver replicated Ethereum’s decentralization Web3 Code specifications and interfaces, the underlying network, ECDSA cryptography, registration systems, etc., all of these are to ensure the same execution experience as found in Ethereum. Even the implemented smart contracts are the same and can be written in any language that can generate responses within the EVM.
Therefore, dApps and their behaviors can be replicated on Moonriver without making any modifications to the Ethereum source code. The only obvious difference lies in the execution process, where developers and users can enjoy low transaction fees and high speeds on Kusama, Polkadot, and their parachains.
The MOVR token is the native token of the Moonriver ecosystem, primarily responsible for the following four tasks: paying network transaction fees, supporting smart contract execution, incentivizing validating nodes, and serving as a governance token for voting and updates. The MOVR token has an annual inflation target of 5%, which means there is effectively no limit to the supply of tokens. This inflation rate aims to maintain the continuous flow of tokens for use and access as the network expands, and additionally meets the increasingly important security measures as Moonriver becomes more popular.
Latest update in 2025: As of 2025, Moonriver has established itself as a significant player, with over 320 active dApps and more than 142,000 daily active users. MOVR has risen to a prominent market position, enhancing multi-layer security protocols and expanding developer tool integrations. The platform’s cross-chain capabilities have significantly matured, enabling seamless asset transfers between the Ethereum, Polkadot, and Kusama networks. The total locked value of DeFi protocols built on Moonriver has now exceeded 100 million USD, hosting a diverse range of applications covering DeFi, NFTs, gaming, and identity solutions within the ecosystem.
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The crypto market has significantly developed over the past few years, creating a variety of different crypto ecosystems for exploration, use, and investment. When categorized by market capitalization, the range of options available is very broad. First, we have smart contract platforms, with Ethereum leading this vertical as the most commonly used cryptocurrency. Following closely is BNB Chain ecosystem, this is not surprising, then is Polygon and Avalanche Ecosystem, both are very popular and well-known.
However, the fifth largest ecosystem in the entire crypto space is rarely mentioned, despite its market value exceeding $274 billion and having millions of users. This is the Moonriver ecosystem, a giant in the crypto world that is not well-known.
So, what is the Moonriver crypto network? What is its MOVR token? This article will answer these questions about the fifth largest network in the crypto space.
By 2025, Moonriver has established itself as an important player in the blockchain ecosystem, with several notable developments:
Ecosystem Growth Indicators (2025):
indicator | value |
---|---|
Active dApp | 320+ |
Total Locked Value of Bridge | 850 million USD+ |
Daily Active Users | 142,000+ |
NFT project | 75+ |
The platform’s cross-chain capabilities have significantly matured, allowing for seamless asset transfers between Ethereum, Polkadot, and Kusama networks. This interoperability makes Moonriver a key infrastructure component for developers seeking to deploy applications across multiple blockchain ecosystems while maintaining EVM compatibility.
The DeFi protocols built on Moonriver have already seen substantial growth, with multiple protocols having a total locked value exceeding $100 million. The ecosystem now hosts a variety of applications covering DeFi, NFTs, gaming, and identity solutions, all of which benefit from enhanced network throughput and Ethereum compatibility.
Moonriver continues as Moonbeam The canary network, where all new features are deployed to based on Polkadot Before the Moonbeam network, thorough testing will be conducted on Moonriver to ensure the stability and security of both platforms.
What is Moonriver
?
Moonriver is a cryptocurrency network project focused on providing advanced smart contract functionality compatible with the Ethereum network, but it is built on the Kusama network and its multiple parachains. The goal is to provide higher speed and scalability for applications built on the Ethereum and Kusama networks.
How does Moonriver work?
Moonriver replicates the specifications and interfaces of Ethereum’s decentralized Web3 code, baseline network, ECDSA encryption, registration system, etc., all to ensure an accurate execution experience on Ethereum. Even the implemented smart contracts are the same, and such contracts are written in any language that can generate responses in the EVM.
Therefore, dApps and their behavior in Moonriver can be copied without changing the Ethereum source. The only notable difference is in execution, where developers and users can enjoy the excellent features of lower transaction fees and higher transaction speeds of Kusama, Polkadot, and their parachains.
MOVR Token:
The MOVR token is the native token of the Moonriver ecosystem, responsible for the following four tasks: paying network transaction fees, supporting the execution of smart contracts, incentivizing validator attention, and serving as a governance token for voting and updates. The annual inflation target for the MOVR token is 5%, meaning that the actual supply of the token is not limited. This inflation rate target is designed to keep the usage and access traffic of the token stable as the network expands, while also ensuring that security measures become increasingly important as Moonriver gains popularity.
Full text
The cryptocurrency market has undergone significant changes over the past few years, creating a variety of different crypto ecosystems for crypto enthusiasts or seasoned investors to explore, use, and invest in. If we select quality crypto ecosystems based on market capitalization, there are several ecosystems available for users to choose from. First, we have smart contract platforms, with Ethereum leading the way as the most commonly used cryptocurrency in this field. Next is the BNB blockchain ecosystem, and of course, the Polygon ecosystem and Avalanche ecosystem are also among the top, as these ecosystems are quite popular and well-known.
But the fifth largest ecosystem in the cryptocurrency space is one that is rarely mentioned, despite having a market value of over 274 billion and millions of users so far. This fifth largest ecosystem is the Moonriver ecosystem, a giant that is seldom mentioned in the cryptocurrency field.
So what is the Moonriver crypto network? What is the MOVR token? This article from Gate answers these questions about the fifth largest network in the cryptocurrency space.
Source of the image: Coin Decimal
In short, Moonriver is a cryptocurrency network project focused on providing advanced smart contract capabilities compatible with the Ethereum network, but it is built on the Kusama network and its multiple parachains. The goal is to provide higher speed and scalability for applications built on the Ethereum and Kusama networks.
So far, its main use has been as a scaling and testing ground for Kusama, Ethereum, and Polkadot, with the test name Moonbeam. The project is expected to bring all these networks and the Ethereum blockchain closer together, as the Ethereum blockchain is currently the largest DeFi and NFT network, but it has significant issues with speed and scalability.
In addition to the network and the Moonbeam testnet, the team has also created a local token, MOVR, which is used for the operation and maintenance of the network. MOVR tokens are used to pay transaction fees, support the execution of smart contracts, incentivize node validators, and serve as governance tokens to vote on updates within the blockchain.
Numerous networks and dApps operating within the Moonriver ecosystem. Image source: Coin98
As mentioned earlier, the Moonriver network is expected to serve as a smart contract execution platform that can integrate the Ethereum network into the Kusama and Polkadot parachains. Its development team believes that due to various issues with Ethereum, they expect that through this project, DeFi and NFT developers will be able to create new executions based on ERC-20 and 721 tokens without being troubled by Ethereum’s problems—but this execution takes place on the Kusama and Polkadot parachains. Therefore, dApps compatible with Moonriver can reduce operational costs and significantly increase scalability, providing users with fast and secure transactions. What about the first half of this transaction? Don’t worry, Moonriver will support the entire transaction process, and developers will not need to rewrite their Ethereum smart contracts for dApps, greatly increasing the chances of platform adoption and execution.
To achieve this, Moonriver focuses on three key factors of its operation:
To enable Ethereum developers and users to use dApps on Moonriver based on its blockchain, the Moonriver network must be compatible with the Ethereum Virtual Machine, which is the source of dApp development and usage.
And this is exactly the goal that Moonriver aims to achieve. Moonriver replicates the decentralized Web3 code of Ethereum, its baseline network, ECDSA encryption, registration systems, and other specifications and interfaces, all to ensure an accurate execution experience on Ethereum. Even the implemented smart contracts are the same, and such contracts are written in any language that can generate responses in the EVM.
Therefore, dApps and their behavior in Moonriver can be copied without altering the Ethereum source. The only notable difference is in execution, where developers and users can enjoy the excellent features of lower transaction fees and higher transaction speeds from Kusama, Polkadot, and their parachains.
This is an ideal framework for everyone, as developers do not need to get used to new programming methods, nor do they need to learn new languages or backend structures. If they can build on Ethereum, they can certainly handle building on Moonriver.
UniSwap is currently being used on the Moonbeam testnet. Source of the image:
Moonbeam
Having a Web 3 compatible API (Application Programming Interface) is crucial for developing persistent protocols. After all, Web3 is the future of the decentralized internet and a key factor in the success of cryptocurrency projects.
The Web3 API standard of Ethereum is a communication mode known as RPC, which allows anyone to interact and connect to their dApps through Ethereum-supported digital wallets. A common example of using the RPC standard is connecting the MetaMask wallet (the most popular crypto wallet in the world) to Ethereum-based dApps.
Similar to the integration with EVM, Moonriver can seamlessly work with Ethereum dApps, but there is one key difference: users of the protocol must add the Moonriver network to their cryptocurrency wallets and manually switch to it when choosing to use the ecosystem – the ecosystem is very fast and usually only takes a few clicks to complete.
Therefore, users can use Moonriver for any ERC-20 based applications, such as UniSwap and SushiSwap-
Dex. However, it is important to note that you should not confuse the Ethereum network with the Moonriver network, so be careful when making transactions, as what you do on the Ethereum network will not be visible on the Moonriver network, and vice versa.
The following is the data required to connect the MetaMask wallet to the Moonriver network:
Network Name: Moonriver
Chinese website URL: https://rpc.moonriver.moonbeam.network
Chain ID: 1285
Symbol: MOVR
Block Explorer: [https://moonriver.moonscan.io/
]( https://moonriver.moonscan.io/)
The MOVR token is the native token of the Moonriver ecosystem, primarily responsible for the following four tasks:
Payment network transaction fees
Support the execution of smart contracts
Incentive Validator Notes
Tokens used for governance voting and updates
The annual inflation target for the MOVR token is 5%, so the actual supply of the token is not limited. As the network expands, the traffic for using and accessing the token remains constant, and security measures must also be emphasized. As Moonriver becomes increasingly popular, security measures become increasingly important. Within the fixed 5% inflation rate, 1% goes to node validators, 1.5% goes to project reserves, and the remaining goes to users who hold and manage their tokens on the MOVR network to support the project.
In addition to the inflation rate and distribution, the transaction fees of the network are distributed among several departments. Out of 100%, a total of 80% is burned to eliminate the tokens in circulation, maintaining the actual supply of tokens in use within the network. The remaining 20% will be allocated to the platform’s financial department to support the development of certain projects and initiatives.
Moonriver is a project that keeps its promises, capable of integrating the Ethereum network into the Kusama and Polkadot parachains, making Ethereum-based applications more efficient and easier to use. For developers and users, these migrations are very easy to implement, and the transition appears to be very transparent. Considering that the project’s interoperability measures are not limited to Ethereum itself, but extend to any other blockchain connected to it, it can be said that this is a project with unlimited potential. Therefore, with the development of Ethereum, Kusama, Polkadot, and other companies, Moonriver can grow into a large-scale cross-central platform and ultimately secure a position in mainstream applications.