Moonbeam率先完成波卡平行链启动，一文了解其生态项目 Moonbeam Completes Polkadot Parachain Launch First, Learn About Its Ecosystem Projects in One Article

Author: Jiang Haibo, PAnews

As an Ethereum Virtual Machine (EVM)-compatible smart contract parachain on Polkadot, Moonbeam became the first fully operational parachain on Polkadot after completing its launch process on January 11 by removing the sudo key and enabling EVM and transfer functionalities. As of January 17, cross-chain bridges such as Multichain and Connext have supported asset transfers from Ethereum and BSC to Moonbeam, while projects like Solarflare and Zenlink have successfully deployed on Moonbeam. Among community partner projects announced by the official team, 111 projects have expressed interest in deploying on Moonbeam. Which projects within this ecosystem are worth watching?

Live Projects

Looking back at application data from Moonriver—the canary network for Moonbeam—as shown in the figure below, according to State of The DApps linked on the Moonbeam website, there were 3,060 users interacting with Moonriver-based DApps over the past 24 hours (data as of January 18, 2022). Among the top five ranked projects overall, Solarbeam, Zenlink, and TOAD are all decentralized exchanges (DEXs), with Solarbeam alone accounting for 2,585 daily active users—representing the majority of user interactions across Moonriver DApps.

In the few days since Moonbeam's launch, several projects have already deployed on it. First, cross-chain bridges including Multichain, Connext, and Nomad completed integration with Moonbeam, ensuring subsequent projects would have sufficient assets available.

Moreover, nearly all live projects so far are DEXs, such as Solarflare, Zenlink, and StellaSwap. DEXs are technologically mature, easier to implement, highly valued, capable of attracting significant capital, and able to offer high-yield liquidity mining incentives for their native tokens, thereby enhancing platform token liquidity. Currently, most deployments on Moonbeam are primarily focused on DEXs.

Solarflare is essentially Solarbeam on Moonbeam—developed by the same team but issuing a new token. Since Solarbeam is the most widely used application on Moonriver, Solarflare has gained relatively strong popularity. As of January 18, its TVL was approximately $63.3 million, with $9.95 million in liquidity for the GLMR/USDC trading pair and an APR of 149%.

Zenlink is a VC-backed cross-chain DEX on Polkadot that announced its launch on Moonbeam on January 12, becoming the first native cross-chain DEX on Polkadot. Zenlink has deployed across multiple platforms, including Moonriver on Kusama, Shiden, and Bifrost, with a total TVL of $76.84 million. On Moonbeam, the ceUSDT/ceUSDC trading pair holds the highest liquidity at $13.76 million. Liquidity for GLMR-related pairs remains relatively low, with the largest being GLMR/ceUSDC at $1.28 million and an APR of 230%.

StellaSwap claims to be the earliest DEX launched on Moonbeam, going live on January 12 and partnering with Multichain for cross-chain functionality. However, the project lacked prior visibility, with its Twitter account sending its first retweet only on January 1. Its current TVL stands at around $58.69 million, with $2.54 million in liquidity for the WGLMR/USDC pair and an APR of 455%.

Cross-Chain Bridges

Shortly after Moonbeam’s successful launch, cross-chain bridges such as Multichain and Connext quickly announced integrations with Moonbeam, supporting asset transfers from blockchains like Ethereum to Moonbeam. These were among the first partnerships publicly highlighted by Moonbeam on its official Twitter.

However, due to the large number of supported bridges, a problem arises: when the same asset (e.g., USDC) is transferred to Moonbeam via different bridges, it gets wrapped into versions with different contract addresses, making them non-interchangeable. This fragments liquidity and makes it difficult for users to distinguish between variants. With numerous projects on Moonbeam each free to choose their preferred bridge partners, unifying assets becomes increasingly challenging.

DeFi

Moonbeam has listed 21 DeFi projects, most of which are well-known DeFi protocols already operating on other platforms,

such as Balancer, SushiSwap, and DODO among DEXs; Lido for liquid staking; Cream for lending; Injective Protocol for derivatives trading; Linear for synthetic assets; Beefy Finance as a yield optimizer; and Frax Finance as a partially algorithmic stablecoin protocol.

Among Moonbeam-native projects, Minterest stands out with strong team credentials and substantial backing from investors. It is a lending protocol that generates revenue through interest, flash loans, and liquidations, automatically using profits to buy back its own MNT token from the market to ensure long-term value accrual for users.

NFTs

NFTs have become a popular application recently, and Moonbeam's partner list includes several NFT-focused projects.

Banksea is an NFT price discovery protocol and lending hub that uses multi-dimensional NFT data to assess prices in real time. The protocol earns fees from interest, liquidation charges, and oracle API access. It has won awards at hackathons on Solana, Filecoin, and Near, and received a grant from the Web3 Foundation.

RMRK is an NFT Lego system allowing developers to build composable, equippable multi-resource NFTs. RMRK NFTs can evolve over time and change outputs based on predefined rules.

Jambb is an NFT marketplace already built on the Flow blockchain, enabling fans to view, rent, and purchase unique content such as performances, backstage footage, and merchandise from their favorite celebrities. Digital assets purchased on Jambb may include rights to distribution or redemption for physical goods.

Other projects include Yuser—an NFT social app; Blocsport.one, a sports-themed NFT platform; myNFT, an NFT bridge and marketplace; Zombies, a collectible card game; Unifty, a no-code NFT ecosystem; and Seascape, a DeFi and NFT incentivization platform.

Assets & Issuance

IDO represents the final step in token issuance, helping projects gain community support and achieve price discovery. Moonbeam has partnered with multiple multi-chain launchpad platforms, including Polkastarter, Poolz, and Impossible Finance. Additionally, Moonbeam’s asset and issuance partners include Polimec—the liquidity mechanism within the Polkadot ecosystem; AllianceBlock, a compliant decentralized capital market; MyWish, which enables smart contract creation without requiring tokens; Ocean Protocol, a data exchange protocol; and AMPnet, an investment and tokenization platform.

Parachains

Moonbeam enjoys high popularity within the community, yet it officially collaborates with only three parachain projects: Crust Network, Equilibrium, and KILT. Crust provides decentralized storage solutions for projects on Moonbeam; Equilibrium integrates stablecoins onto Moonbeam; and KILT’s Polimec framework for token issuance and transfers helps Moonbeam-based projects raise funds.

DApps

Beyond common application categories, Moonbeam classifies all other applications under DApps, including GameFi titles like Blockchain Monster Hunt; prediction markets IBetYou and BePro; DeFi insurance market Polkacover; video-based social network Livetree; data integrity SaaS platform Authtrail; and distributed task marketplace Human Protocol.

Storage

Moonbeam’s storage partners include Crust Network and KYVE. Projects built on Moonbeam can use Crust’s decentralized storage protocol on both front-end and back-end systems, while KYVE enables developers in the Moonbeam ecosystem to permanently store data on Arweave.

Collators

Collators are full nodes on parachains responsible for collecting transactions from a specific parachain, packaging them into blocks, and submitting new blocks along with validity proofs to validators on the relay chain. They are one of the primary participant roles in the Polkadot ecosystem. Moonbeam has announced collator partnerships with CertHum, Forbole, Collators.io, Stake.Fish, Figment Hubble, Blockdaemon, and Bware Labs.

Wallets

Since Moonriver is EVM-compatible, wallets supporting Ethereum can be used directly—allowing familiar tools like MetaMask to operate seamlessly on Moonriver. Wallets partnered with Moonbeam include Rabby, Debank, AirGap, Polkadot.js, MetaMask, and Math Wallet.

Explorers

These mainly include blockchain explorers for Polkadot and Ethereum, such as Etherscan, DappLooker, Polkassembly, Polkadot.js, Subscan, and DeBank.

Oracles

Oracle partners include Chainlink, Brand Protocol, DIA, Razor, and Banksea as an NFT-specific oracle.

APIs & Tools

Includes well-known providers such as The Graph, Etherscan, API3, SubQuery, and Biconomy.

Summary

Less than a week after Moonbeam’s launch, multiple projects have gone live, offering high-yield liquidity mining opportunities for GLMR holders. However, these projects have not yet attracted major institutional capital—Solarflare, the project with the highest liquidity, has a TVL still under $100 million.

Among the 111 partner projects announced by Moonbeam, the majority are existing projects already deployed on platforms like Ethereum, with relatively few native builds. Project teams will need to invest further effort into ecosystem development moving forward.