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zkSwap StableSwap Review 2026: Swap-to-Earn on zkSync Era

zkSwap StableSwap is a pool-based DEX component from zkSwap Finance on zkSync Era that rewards both traders and liquidity providers. Its tracked liquidity is very small, so it suits experimenters, not size.

zkSync Era

By the DappsAtlas editorial team · Updated Nov 5, 2026

DappsAtlas score

4.0/10

Weak

Our verdict on zkSwap StableSwap

4.0/10

zkSwap StableSwap is a small swap-to-earn DEX component on zkSync Era that rewards traders and liquidity providers with ZF tokens. Its main strength is the straightforward non-custodial AMM model on a low-cost rollup. The main caveat is size and transparency. TVL is only about $7,300, no audits are listed, and fees and team details are not published. It suits experienced users who want to try a niche DEX with small amounts, not anyone who needs deep liquidity or audited contracts.

Score breakdown

How zkSwap StableSwap scores

Security: 3.0/10
Ease of use: 6.0/10
Fees: n/a
Features: 5.0/10

Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.

What is zkSwap StableSwap?

zkSwap StableSwap is a decentralized exchange listing connected to zkSwap Finance, an AMM on zkSync Era, an Ethereum Layer 2 rollup. The project calls itself the first swap-to-earn DeFi DEX on that network, with an incentive model that rewards both liquidity providers and traders.

The platform is described as offering swapping, liquidity pools and a launchpad. The ZF token is tied to its incentive program. Tracked TVL for this listing is about $7,300 and has been flat over the past week, which points to a very small, quiet deployment. It has been tracked since November 2024.

Details about the team, fee structure, audits and the specific stable-asset pool design are not published in the sources reviewed. A forum post also claims zkSwap has been sidelined by zkSync's developers despite once being one of the larger DEXs there. That is one user's claim and is not verified.

How zkSwap StableSwap works

zkSwap Finance is an automated market maker. Instead of an order book, traders swap against pools of tokens funded by liquidity providers. Prices come from the ratio of tokens in each pool. A stable-swap design, which the module name suggests, normally uses a curve that keeps prices tight between similar-value assets. The project does not publish this curve or its parameters in the sources reviewed.

Liquidity providers deposit tokens and earn a share of the fees from trades in their pool. The project adds a swap-to-earn layer on top: traders also receive ZF rewards for swapping. The exact reward rates are not stated in the sources reviewed.

Everything runs as smart contracts on zkSync Era. Users keep custody of their tokens in their own wallets and sign each action. They carry smart-contract risk, plus impermanent loss if they provide liquidity.

5 features

Key features

Swap-to-earn incentives

The project describes a model that rewards traders as well as liquidity providers, with rewards paid in its ZF token.

Liquidity provision

Users can deposit tokens into pools to supply liquidity and earn a share of trading activity, as in other AMM exchanges.

zkSync Era deployment

It runs on zkSync Era, a zero-knowledge rollup on Ethereum, which is designed for lower fees than Ethereum mainnet.

Launchpad and related tools

The wider zkSwap Finance platform is described as also offering a launchpad alongside swapping and liquidity.

ZF token

ZF is the project's own token, used in its incentive model and traded in secondary markets.

Pros and cons

What we like

Non-custodial design: you trade from your own wallet.
Runs on zkSync Era, a zero-knowledge rollup built to keep gas costs low.
Rewards both traders and liquidity providers through a swap-to-earn model.
Has its own ZF token, which gives the incentive program a defined reward asset.
Wider platform includes a launchpad and liquidity tools beyond simple swaps.

Watch out for

Tracked TVL is only about $7,300, so liquidity is very thin and trades can move prices sharply.
No security audits are listed for this deployment.
The project does not publish fee levels, pool parameters or team details for the StableSwap module in the sources reviewed.
The ZF token is the reward currency, so swap-to-earn returns depend on a small token market.
One forum user claims zkSync's developers are ignoring the project, and the claim is unverified.
It runs on a single chain, zkSync Era, with no multi-chain fallback.

zkSwap StableSwap fees

Swap fees, liquidity provider fee splits and any protocol fee for the StableSwap module are not published in the sources reviewed. The swap or pool interface is where users would see the fee and expected slippage before signing.

On top of any protocol fee, every transaction on zkSync Era needs gas paid in ETH. Gas is usually low on rollups but varies with network load. Swap-to-earn rewards in ZF may offset costs, but their value depends on the token's price and liquidity.

Is zkSwap StableSwap safe?

No audits are listed for this deployment, and the project does not publish team or security details in the sources reviewed. Smart-contract bugs are the main risk, and with TVL around $7,300 there is little liquidity to absorb a loss or exploit.

The contracts are non-custodial, so there is no exchange-style counterparty holding your funds. Liquidity providers face impermanent loss and token price risk, and ZF rewards may be illiquid. Check that you are using the real app and contract addresses, since fake DeFi front-ends are common. This is not financial advice.

6 steps

How to get started with zkSwap StableSwap

1
Set up a wallet that supports zkSync Era, such as an Ethereum-compatible browser or mobile wallet.
2
Bridge a small amount of ETH to zkSync Era so you can pay gas.
3
Open the zkSwap Finance app through a link you have checked yourself, and connect your wallet.
4
Pick the tokens to swap, approve the token spend with the Enable step, then confirm the swap.
5
Check the quoted price, slippage and fee on the confirmation screen before you sign.
6
Start with a small test trade, and only add liquidity once you understand impermanent loss.

Who zkSwap StableSwap is for

zkSwap StableSwap suits experienced DeFi users who already use zkSync Era and are comfortable with small, unaudited protocols. It may interest people curious about swap-to-earn incentives. It is a poor fit for large trades, newcomers who want audited protocols, or anyone who needs deep liquidity.

zkSwap StableSwap FAQs

What is zkSwap StableSwap?

It is a decentralized exchange listing tied to zkSwap Finance on zkSync Era, an Ethereum Layer 2 rollup. The project describes itself as a swap-to-earn AMM that rewards liquidity providers and traders. The listing name suggests a stable-asset swap module, but the project does not publish pool details in the sources reviewed.

What does swap-to-earn mean here?

Swap-to-earn is an incentive model in which traders receive rewards, here in the ZF token, for swapping on the exchange. This is in addition to the usual fees that go to liquidity providers. The size and schedule of the rewards are not stated in the sources reviewed.

Which blockchain does it use?

It runs on zkSync Era. You need a wallet that supports that network and some ETH on it to pay gas.

Has zkSwap StableSwap been audited?

No audits are listed for this deployment. As with any unaudited DeFi contract, there is a risk of bugs or exploits, so use only money you can afford to lose.

How much liquidity does it have?

Total value locked is about $7,300, which is very small. That means shallow pools, higher slippage on anything beyond tiny trades, and a higher chance that liquidity disappears.

What are the fees?

The project does not publish fees for this module in the sources reviewed. Swap fees and any rate for liquidity providers should be visible on the swap or pool screen before you confirm a transaction.

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