Absolutely not. jlink is used to distribute applications (it includes your code, the Java libs you use, i.e. their jars, and the trimmed-down JVM with the modules you're using so that your distribution is not so big - typically around 30MB).
Java libraries are still obtained from Maven repositories via Maven/Gradle/Ant/Bazel/etc.
If you distribute libraries as jmod files, which few libraries do (in that case, jlink would automatically extract the native libraries and place them in the appropriate location).
Java libraries are still obtained from Maven repositories via Maven/Gradle/Ant/Bazel/etc.