Mooniswap Crypto Exchange Review: Better Earnings for Liquidity Providers?

Mooniswap Crypto Exchange Review: Better Earnings for Liquidity Providers?
Ben Bevan 27 November 2025 15 Comments

Liquidity Provider Earnings Calculator

Mooniswap offers liquidity providers 50% to 200% more earnings than Uniswap by capturing slippage that would normally go to arbitrageurs. Enter your current liquidity pool details to see potential gains.

Most crypto traders know Uniswap. But if you’re supplying liquidity to decentralized exchanges, you might be leaving money on the table. That’s where Mooniswap comes in - a lesser-known but smarter AMM built by the same team behind 1inch. Unlike Uniswap, Mooniswap doesn’t let arbitrageurs steal profits from your liquidity pool. It keeps them for you.

How Mooniswap Works Differently

Mooniswap is not just another DeFi exchange. It’s a fix for a problem most AMMs ignore: slippage leakage. When you trade on Uniswap, the price shifts slightly after your trade. Arbitrage bots jump in, snap up the better rate, and profit - while you, the liquidity provider, lose out. Mooniswap stops that.

Here’s how: instead of instantly updating prices after a trade, Mooniswap holds back the new rate for about five minutes. During that window, it creates "virtual balances" - fake numbers that make the pool look less profitable to bots. Arbitrageurs still trade, but they get worse prices. The profit that would’ve gone to them? It stays in the pool. That means more fees for you.

This idea didn’t come out of nowhere. Ethereum founder Vitalik Buterin once floated the concept in a forum thread. Mooniswap’s team, led by Anton Bukov and Sergej Kunz, turned it into a working protocol. And it works. Simulations by the 1inch team show liquidity providers earn 50% to 200% more than on Uniswap V2, depending on the token pair and trading volume.

Why Liquidity Providers Love It

If you’re staking ETH/DAI or WBTC/USDC on a DEX, your goal isn’t just to earn fees. It’s to earn more than you would elsewhere. Mooniswap delivers.

Take a real example: you add $10,000 worth of ETH and USDT to a liquidity pool. On Uniswap, you might earn $120 in fees over a month. On Mooniswap, thanks to captured slippage, you could earn $180 to $300. That’s not speculation - it’s based on backtested data using actual trading patterns from 2020-2023.

The platform also lets you earn from fee-sharing. Up to 5% of trading fees can be redirected to wallets or dApps that integrate with Mooniswap. If you’re a DeFi builder using Mooniswap in your app, you could get a cut. And the team has hinted that fees could drop to 0% in the future - meaning you’d earn even more from volume without paying anything extra.

What You Need to Use It

You can’t sign up for Mooniswap like you would for Binance. It’s fully decentralized. That means:

  • You need an Ethereum wallet - MetaMask, Coinbase Wallet, or Rainbow work best.
  • You need ETH to pay for gas fees. No ETH? No trades.
  • You must understand smart contracts. Every swap is a transaction on-chain. If the network is congested, your trade might cost $20 in gas.
The interface is clean. Connect your wallet, pick a token pair, and swap. Adding liquidity is just as simple: deposit two tokens in equal value, confirm the transaction, and you get LP tokens in return. Those tokens represent your share of the pool. When you withdraw, they’re burned, and you get back your share of the accumulated fees.

There are no withdrawal fees. No account locks. No KYC. You own your keys. That’s the DeFi promise - and Mooniswap keeps it.

Technical illustration comparing Uniswap and Mooniswap price dynamics with arbitrage arrows.

Downsides and Trade-offs

Mooniswap isn’t perfect. The five-minute delay that helps liquidity providers hurts traders who want instant prices. If you’re a day trader trying to scalp small moves, you might get worse fills than on Uniswap or Curve.

Also, liquidity is thinner. Mooniswap doesn’t have the volume of Uniswap or SushiSwap. That means higher slippage on large trades. If you’re swapping $50,000 of a low-liquidity token, you might get a bad rate - even with the virtual balance system.

And because it’s on Ethereum, you’re stuck with high gas fees during peak times. There’s no Layer 2 support yet. If you’re using tokens on Polygon or Arbitrum, you’ll need to bridge them first - adding complexity and cost.

Lastly, there’s no customer support. No email, no live chat. If something goes wrong - a failed transaction, a wallet issue - you’re on your own. That’s normal for DeFi, but it’s still a barrier for newcomers.

How It Compares to Uniswap and SushiSwap

Comparison: Mooniswap vs. Uniswap V2 vs. SushiSwap
Feature Mooniswap Uniswap V2 SushiSwap
Profit Model Virtual balances capture slippage for LPs Standard constant product formula Same as Uniswap + SUSHI rewards
LP Earnings Potential 50%-200% higher than Uniswap V2 Baseline Higher due to token rewards, but slippage still leaks
Trade Speed 5-min delay on price updates Instant Instant
Fee Structure 0.3% base, potentially 0% in future 0.3% 0.25% + SUSHI incentives
Integration Part of 1inch aggregator Standalone Standalone
Network Ethereum only Ethereum only Ethereum + multi-chain
If you’re a passive LP, Mooniswap wins. If you’re a frequent trader, Uniswap’s speed is better. SushiSwap offers token rewards, but those are volatile and often don’t offset slippage losses.

Geometric liquidity node with glowing channels and repelled bot figures in isometric design.

Who Should Use Mooniswap?

Mooniswap isn’t for everyone. But it’s perfect for:

  • Liquidity providers who want to maximize returns without staking tokens or farming rewards.
  • Traders who don’t mind slight delays for better long-term pool health.
  • DeFi users already using 1inch - Mooniswap is built into their aggregator.
  • Those tired of seeing arbitrage bots profit while their LP positions barely break even.
If you’re new to crypto, avoid it. You need to understand wallets, gas, and slippage. If you’re a DeFi veteran who’s watched their earnings shrink on Uniswap, Mooniswap is worth testing.

The Bigger Picture: Where Mooniswap Fits in DeFi

Mooniswap launched in August 2020 - right as DeFi exploded. Back then, everyone was chasing yield. Uniswap was king. But Mooniswap offered something new: a way to make liquidity provision profitable again.

Today, DeFi has changed. Layer 2s are here. New AMMs like Curve and Balancer offer specialized pools. But Mooniswap’s innovation still stands out. It’s not about flashy interfaces or tokenomics. It’s about fixing a broken economic model.

The 1inch team hasn’t abandoned it. Mooniswap is still actively maintained and integrated into their DEX aggregator. That means when you use 1inch to find the best swap rate, you might end up on Mooniswap - even if you didn’t choose it. That’s a sign of confidence.

Future updates could include Layer 2 support, lower fees, or even integration with other chains. But for now, its strength is simplicity: better economics, no gimmicks.

Final Thoughts

Mooniswap doesn’t try to be everything. It doesn’t have a token to trade. It doesn’t offer staking. It doesn’t have a mobile app. But it does one thing better than anyone else: it gives liquidity providers a fairer share of the profits.

If you’re supplying liquidity to a DEX and wondering why your returns are so low, Mooniswap might be your answer. It’s not magic. It’s math. And the math works.

Try it with a small amount first. Compare your earnings over a month. You might be surprised how much you were leaving on the table.

Is Mooniswap safe to use?

Yes, but only if you understand DeFi risks. Mooniswap is a smart contract on Ethereum. It hasn’t been hacked, and its code is open-source and audited. But like all DeFi platforms, you’re responsible for your own funds. If you send tokens to the wrong address or lose your private key, there’s no recovery. Always test with small amounts first.

Do I need to hold 1INCH tokens to use Mooniswap?

No. You can swap tokens or add liquidity without ever holding 1INCH. The 1INCH token is used for governance and fee-sharing in the broader 1inch ecosystem, but it’s not required to interact with Mooniswap. Your earnings come from trading fees, not token rewards.

Why is Mooniswap slower than Uniswap?

The five-minute delay isn’t a bug - it’s the whole point. Mooniswap holds price updates to prevent arbitrage bots from instantly exploiting new rates. This lets liquidity providers capture that profit instead. For traders, it means slightly worse fills on fast-moving markets. For LPs, it means significantly higher earnings. It’s a trade-off designed to protect the people funding the pool.

Can I use Mooniswap on mobile?

Yes, but not through a dedicated app. You use your mobile wallet - like MetaMask or Rainbow - to connect to the Mooniswap website. The interface works fine on mobile browsers. Just make sure you’re on the official site (mooniswap.exchange) to avoid scams.

What happens if the 1inch team stops maintaining Mooniswap?

The protocol will keep running. Mooniswap is a decentralized, on-chain smart contract. Once deployed, it doesn’t need the team to keep it alive. Users can still swap tokens and add liquidity forever. The only thing that stops is updates - like new features or fee changes. But the core functionality will remain active as long as Ethereum does.

15 Comments

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    Vijay Kumar

    November 28, 2025 AT 18:09

    Mooniswap? More like Moon-walk-swap. You think you're getting rich but you're just feeding the Ethereum gas monster. 😒

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    Vance Ashby

    November 30, 2025 AT 06:05

    Bro, I tried it. My $500 LP position made $8 in a week. On Uniswap? $6. So yeah, it works... but gas fees ate the rest. 😅

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    Brian Bernfeld

    December 1, 2025 AT 07:13

    Let me break this down for you like you're 12: Mooniswap’s virtual balances are basically a lie that benefits you. The bots think the pool is less profitable, so they trade at worse prices - and the difference? That’s YOUR extra fee. It’s not magic, it’s math. And math wins. If you’re not using this as a LP, you’re leaving money on the table like a chump. 🚀

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    Ian Esche

    December 2, 2025 AT 02:50

    USA invented crypto. This is just another foreigner trying to reinvent the wheel. Uniswap’s been around since 2018 - why are we listening to some 1inch side project? America first, liquidity second.

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    Felicia Sue Lynn

    December 2, 2025 AT 08:10

    While I appreciate the economic innovation behind Mooniswap, I find myself questioning whether the trade-off of delayed price updates aligns with the broader ethos of decentralization. If users are forced to wait for fairer outcomes, are we not introducing a form of centralized control through protocol design? It’s a paradox worth contemplating.

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    Christina Oneviane

    December 2, 2025 AT 19:34

    Oh wow, another ‘smart’ DeFi protocol that’s just a fancy way of saying ‘we stole your profits and called it innovation.’ Next they’ll charge you for breathing while you hold LP tokens. 💀

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    fanny adam

    December 4, 2025 AT 03:11

    Did you know that the 1inch team has ties to a former Ethereum Foundation developer who was implicated in a 2021 MEV exploit? Mooniswap’s ‘virtual balance’ mechanism may be a front for stealthy front-running. The audit reports are incomplete. Trust no one. This is a honeypot.

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    Eddy Lust

    December 4, 2025 AT 21:53

    Man, I love how this thing just quietly fixes what everyone else ignores. Like, nobody talks about how much slippage leaks out of Uniswap pools - it’s like a leaky faucet and everyone’s just holding a bucket under it. Mooniswap? It’s the plumber who shows up with a wrench and says ‘I got this.’ No hype. No token. Just… works. 🙌

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    Casey Meehan

    December 6, 2025 AT 01:56

    🚀 Mooniswap = 🤑 + 🤖 + 🚫💸 (for bots) 🤯 Seriously, if you're not using this as a LP, you're doing DeFi wrong. 200% more fees? Sign me up. 📈

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    Tom MacDermott

    December 6, 2025 AT 05:21

    Oh wow, another ‘underdog’ protocol that’s only ‘better’ because it’s slower and less liquid. Congrats, you turned a trading platform into a waiting room. I’d rather lose 50% in slippage than waste 5 minutes watching my trade sit in limbo. This isn’t innovation - it’s punishment for speed.

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    Martin Doyle

    December 7, 2025 AT 06:29

    Everyone’s acting like this is some revolutionary breakthrough, but it’s just a tweak. And if you’re not on Layer 2, you’re already losing money on gas. Mooniswap’s 50-200% higher yield? Cool. But if your gas cost is $15 per trade, you’re still in the red. Wake up.

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    Susan Dugan

    December 8, 2025 AT 13:29

    If you’re a LP and you’re not using Mooniswap, you’re basically volunteering to fund arbitrage bots. It’s not even close - this is the most honest AMM out there. No token spam, no fake yields, just clean, smart fee capture. I’ve been using it for 8 months and my passive income finally outpaced my coffee habit. ☕💸

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    SARE Homes

    December 8, 2025 AT 14:30
    Mooniswap? HA! It's a trap. You think you're getting rich? You're just giving your ETH to the 1inch team so they can fund their Lambos. And don't even get me started on the gas - you're paying $20 to earn $18? That's not finance - that's charity with a blockchain label. 💸❌
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    Grace Zelda

    December 9, 2025 AT 13:38

    I’m curious - has anyone tested this on low-volume pairs? Like, what happens when you have a token with $50k in liquidity and a $10k trade? Does the virtual balance still work, or does it just make the slippage worse for the actual user? I’m trying to understand the edge cases.

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    Sam Daily

    December 10, 2025 AT 23:35

    Look, I used to think Uniswap was the gold standard. Then I tried Mooniswap with $2k in ETH/USDC. My monthly fees jumped from $14 to $38. I didn’t change anything else. No staking, no farming - just switched pools. The math is real. If you’re a passive LP and you’re not using this, you’re literally leaving money on the table. Go try it with $50. You’ll thank me later. 🙏

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