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| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| MOVR | -80.63% | N/A | N/A | -98% |
| S&P | +12.9% | +73.65% | +11.66% | +53% |
Moonriver (MOVR) is a smart contract platform on the Kusama network, designed for compatibility with Ethereum. It enables developers to deploy existing Solidity smart contracts and DApp frontends with minimal modifications. The MOVR token is integral to the platform, used for gas metering, incentivizing node infrastructure, on-chain governance, and transaction fees. Created by the Moonbeam Foundation, Moonriver serves as a canary network to Moonbeam, testing new code under real economic conditions before deployment to Moonbeam on Polkadot.
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