iZiSwap (zkSync) Crypto Exchange Review: Is It Worth Using in 2025?

Home > iZiSwap (zkSync) Crypto Exchange Review: Is It Worth Using in 2025?
iZiSwap (zkSync) Crypto Exchange Review: Is It Worth Using in 2025?
Johnathan DeCovic Dec 4 2025 16

Concentrated Liquidity Earnings Calculator

How Concentrated Liquidity Works

iZiSwap uses concentrated liquidity - you choose a price range where your tokens will trade. Narrower ranges earn more fees if the price stays within your range, but increase impermanent loss risk.

Important: This calculator estimates potential earnings only. Real-world results depend on market volatility, slippage, and gas costs. Never use funds you can't afford to lose.

Estimated Results

Risk Level:
Estimated Fees: -
Max Potential Loss: -
Range Width: -

Disclaimer: Based on article data (December 2025). Actual results may vary. iZiSwap has no security audits and low liquidity. Do not use with funds you need.

If you're looking for a new decentralized exchange on zkSync Era, you might have heard of iZiSwap. But here’s the truth: it’s not another Uniswap. It’s smaller, quieter, and still figuring things out. As of December 2025, iZiSwap only supports 5 coins and 10 trading pairs. That’s not a mistake - it’s by design. The team behind it, iZUMi Finance, is betting on quality over quantity. But is that enough to make it worth your time?

What Is iZiSwap (zkSync)?

iZiSwap is a decentralized exchange built on zkSync Era, a Layer 2 scaling solution for Ethereum. It’s not a standalone app - it’s part of iZUMi Finance, a multi-chain DeFi protocol focused on liquidity provision. Think of it as a specialized tool for people who want to earn more from their crypto by providing liquidity in smart, targeted ways.

Unlike older DEXs that spread your funds across every possible price range, iZiSwap uses concentrated liquidity. This means you pick the price range where you think a token will trade. If you’re right, your capital earns more fees. If you’re wrong, you get less. It’s like setting up a shop on a busy street - you choose which corner to stand on. The better your guess, the more customers you get.

Because it runs on zkSync, transaction fees are around one cent. That’s a big deal if you’ve ever paid $5 to swap $50 on Ethereum. Faster confirmations and cheaper trades make iZiSwap appealing for frequent traders or liquidity providers who want to minimize costs.

How Does It Compare to Other DEXs?

Let’s be clear: iZiSwap isn’t competing with Uniswap or SushiSwap. Those platforms have billions in total value locked and millions of users. iZiSwap? It’s got 65,802 monthly visits, according to FxVerify. That’s less than 0.01% of Uniswap’s traffic. It ranks #252 out of 554 exchanges - not terrible, but not exactly a household name.

What’s more telling? Zero user reviews on FxVerify. Not one. No 5-star praise. No angry complaints. Just silence. That could mean one of two things: either nobody’s using it yet, or people are using it but aren’t talking about it. Neither is a good sign for trust.

On zkSync itself, there are other DEXs like SyncSwap and Mute.io that already have larger user bases and more active communities. iZiSwap’s edge isn’t in volume - it’s in its potential for airdrops. iZUMi Finance has confirmed a $iZi token airdrop is coming. If you’re active on zkSync, you might qualify for it. And since iZUMi also works with Linea, you could be eligible for multiple ecosystem rewards at once.

The Airdrop Factor: Is It a Get-Rich-Quick Scheme?

Airdrops are the biggest reason anyone is paying attention to iZiSwap right now. The promise of free $iZi tokens is pulling in users. But here’s what you need to know: no one knows when the airdrop will happen, who qualifies, or what the tokens will be worth.

Some users are treating iZiSwap like a lottery ticket - depositing small amounts, swapping a few times, and hoping to get lucky. That’s risky. If the $iZi token launches with low demand, you could end up holding worthless tokens after spending gas fees to interact with the platform.

Also, don’t assume being on zkSync means you’ll automatically get rewarded. zkSync’s own token (ZK) is down 25% since October 2025, according to CoinCodex. Market sentiment is bearish. If the broader Layer 2 ecosystem struggles, iZiSwap’s airdrop might not matter much.

The smart move? Use iZiSwap only if you were already planning to trade or provide liquidity on zkSync. Don’t go out of your way just for the airdrop. The costs - time, gas, risk - might not pay off.

Liquidity provider on a quiet street with an airdrop balloon and empty stores.

How to Get Started

Using iZiSwap isn’t complicated, but it’s not beginner-friendly either. Here’s what you need:

  1. A wallet compatible with zkSync Era - MetaMask or WalletConnect works.
  2. Your assets must be on zkSync. If they’re on Ethereum mainnet, you’ll need to bridge them using zkSync’s official bridge or a trusted third-party like Across or Orbiter.
  3. Once your funds are on zkSync, connect your wallet to iZiSwap’s website.
  4. Choose a trading pair or set up a liquidity position.

Setting up liquidity requires understanding price ranges. If you’re not sure how to pick them, you’re likely to lose money over time due to impermanent loss. There’s no guided onboarding. No video tutorials. No live support. You’re on your own.

And if you make a mistake? There’s no customer service team to call. No help center with answers. The platform is built on smart contracts - if something goes wrong, you’re stuck.

Security and Risks

iZiSwap hasn’t been audited publicly. That’s a red flag. Most major DEXs have multiple audits from firms like CertiK or OpenZeppelin. Without that, you’re trusting code that hasn’t been thoroughly tested by independent experts.

The platform also depends entirely on zkSync Era. If zkSync suffers a major bug, a hack, or loses adoption, iZiSwap goes down with it. That’s a single point of failure. You’re not just betting on iZiSwap - you’re betting on zkSync’s future.

And let’s not forget: this is a very small platform. Low liquidity means slippage on larger trades. If you try to swap $5,000 worth of ETH for USDC, you might get a terrible rate. It’s fine for small trades, but don’t treat it like a primary exchange.

Investor on a shaky bridge holding an airdrop ticket, surrounded by question marks.

Who Should Use iZiSwap?

iZiSwap isn’t for everyone. Here’s who it might work for:

  • You’re already active on zkSync and want to try concentrated liquidity.
  • You’re farming airdrops and don’t mind small, speculative bets.
  • You’re comfortable with no customer support and minimal documentation.
  • You’re not planning to trade large amounts.

Who should avoid it?

  • New users to DeFi - it’s too complex without guidance.
  • Anyone looking for security guarantees - there aren’t any.
  • Traders who need deep liquidity or fast execution.
  • People who want to rely on reviews or community feedback - there’s none.

The Bottom Line

iZiSwap (zkSync) is a niche tool with a narrow purpose. It’s not a replacement for bigger DEXs. It’s not even a top contender on zkSync. But if you’re already in the ecosystem and want to experiment with concentrated liquidity - or you’re chasing airdrops - it’s worth a small test.

Don’t put in more than you can afford to lose. Don’t expect support. Don’t assume the airdrop will be valuable. And don’t confuse early adoption with long-term success.

Right now, iZiSwap feels like a quiet startup in a crowded room. No one’s talking about it. But if the $iZi token launches and gains traction, that could change. Until then, treat it like a side project - not a core part of your portfolio.

Is iZiSwap safe to use?

iZiSwap hasn’t had any public smart contract audits, which means there’s no independent verification of its security. While it runs on zkSync Era - a well-regarded Layer 2 network - the platform itself is small and unproven. Only use it with funds you’re willing to lose. Never deposit large amounts.

Does iZiSwap have a token?

Yes, iZUMi Finance has confirmed a $iZi token airdrop is coming, but no official details have been released. There’s no public timeline, no eligibility criteria, and no information on how the token will be used. Until then, treat it as speculative.

Can I trade any crypto on iZiSwap?

No. As of December 2025, iZiSwap only supports 5 coins and 10 trading pairs. It’s not a full-service exchange. You’ll need to use another platform if you want to trade lesser-known tokens or large-cap assets like SOL or AVAX.

Why are there no user reviews?

The lack of reviews suggests very low adoption. With only 65,802 monthly visits and zero ratings on major review sites, most users either aren’t using it or aren’t sharing their experience. That’s a warning sign - if no one’s talking about it, it’s probably not widely trusted.

Do I need to bridge my assets to use iZiSwap?

Yes. iZiSwap only works on zkSync Era. If your crypto is on Ethereum mainnet, you must bridge it over using a trusted bridge like zkSync’s official one. Bridging takes time, costs gas, and carries its own risks. Don’t skip this step - but don’t rush it either.

Is iZiSwap better than Uniswap?

No. Uniswap has vastly more liquidity, better security audits, a proven track record, and millions of users. iZiSwap’s only advantages are lower fees (thanks to zkSync) and potential airdrops. For most users, Uniswap or SushiSwap on zkSync are safer, more reliable choices.

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Johnathan DeCovic

I'm a blockchain analyst and market strategist specializing in cryptocurrencies and the stock market. I research tokenomics, on-chain data, and macro drivers, and I trade across digital assets and equities. I also write practical guides on crypto exchanges and airdrops, turning complex ideas into clear insights.

16 Comments

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    Murray Dejarnette

    December 4, 2025 AT 05:27
    Bro, iZiSwap is literally the only DEX on zkSync that doesn’t feel like a carbon copy of Uniswap. I’ve been LPing there for 3 months and made more in fees than I lost on Mute.io. Airdrop’s coming, just wait.
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    Britney Power

    December 6, 2025 AT 04:20
    The lack of audits is not a "red flag"-it’s a neon sign flashing "DO NOT DEPOSIT YOUR LIFE SAVINGS." This platform is a beta test with zero accountability. If you’re not a quant with a risk model, you’re just donating gas to a ghost team.
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    Maggie Harrison

    December 7, 2025 AT 20:48
    I love how people treat airdrops like free money 🤡 But what if $iZi is worth $0.02 and you spent $15 in gas to get it? That’s not a win-that’s a tax on hope. Still, I’m in for the experiment 💫
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    Reggie Herbert

    December 8, 2025 AT 12:42
    Concentrated liquidity is not a feature-it’s a trap for retail. You think you’re being smart picking price ranges? You’re just playing roulette with impermanent loss. The team’s not betting on quality-they’re betting on your ignorance.
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    justin allen

    December 9, 2025 AT 07:31
    Why are Americans so obsessed with this zkSync nonsense? Ethereum mainnet still rules. This whole chain is just a glorified sidechain with a marketing budget. Airdrop? More like a bait-and-switch for the gullible.
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    Lawal Ayomide

    December 10, 2025 AT 08:52
    You think this is risky? Try using a DEX in Nigeria where the internet drops every 5 minutes. At least here you can swap for a penny. We don’t get audits-we get survival.
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    Akash Kumar Yadav

    December 12, 2025 AT 05:47
    If you're not using iZiSwap, you're missing the future. zkSync is the only L2 with real adoption. Everyone else is just copying. And yes, the airdrop will be massive. I've already seen the internal roadmap.
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    samuel goodge

    December 14, 2025 AT 01:11
    The absence of user reviews is not necessarily indicative of low adoption-it may reflect a community that operates with quiet, intentional participation, eschewing performative feedback in favor of organic utility. One must distinguish between volume and virtue.
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    Sarah Locke

    December 14, 2025 AT 19:33
    Hey newbies-don’t panic because it’s quiet. This isn’t a race to the bottom. If you’re just here for the airdrop, you’re gonna get burned. But if you’re here to learn concentrated liquidity? It’s a goldmine. I’ve mentored 12 people into it this month. You got this! 💪
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    ashi chopra

    December 16, 2025 AT 12:16
    I tried it. Swapped 0.1 ETH. Lost 0.002 due to slippage. Didn’t get the airdrop. But I learned something. That’s worth more than tokens.
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    Darlene Johnson

    December 17, 2025 AT 23:28
    I’ve been watching this. I know who’s behind iZUMi. They’re linked to that offshore fund that ran the SushiSwap rug. The airdrop is a honeypot. Don’t touch it. Your wallet will be drained before you even see the token.
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    Ivanna Faith

    December 18, 2025 AT 15:24
    iZiSwap is fine if you like slow tx and no support but why even bother when SyncSwap is 10x better and has actual UI? I mean come on
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    Mark Stoehr

    December 20, 2025 AT 12:31
    this platform is a scam bro dont trust it
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    Philip Mirchin

    December 20, 2025 AT 19:35
    I’m from the U.S. but I’ve been helping folks in India and Nigeria use iZiSwap for small swaps. It’s not perfect, but for people who can’t afford $5 gas on Ethereum? It’s a lifeline. Don’t knock it till you’ve tried it with real needs, not just speculation.
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    Nelia Mcquiston

    December 22, 2025 AT 07:06
    I appreciate how this post doesn’t scream hype. Most DeFi content is either a sales pitch or a panic attack. This one just lays it out. Quiet tools can be powerful. Maybe iZiSwap isn’t for everyone-but maybe that’s the point.
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    Mani Kumar

    December 23, 2025 AT 04:04
    The assertion that iZiSwap's limited pair count constitutes a strategic advantage is a fallacy. Liquidity depth, not concentration, is the primary determinant of exchange viability. One cannot optimize for efficiency when the market lacks breadth.

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