Chainflip vs PegasusSwap
It is a trade-off. Chainflip has the higher Safety grade (8.3 against 4.0), while PegasusSwap has the higher Privacy grade (7.2 against 7.1).
Chainflip
Cross-chain DEX protocol for native BTC, ETH, SOL and stablecoin swaps
Privacy
7.1/ 10
Strong
Safety
8.3/ 10
Strong
ID in rare cases KYC 2 Docs reviewed Full review →
PegasusSwap
Instant crypto swap with fixed and floating rates and no account
Privacy
7.2/ 10
Strong
Safety
4.0/ 10
Caution
ID never required KYC 0 Docs reviewed Full review →
Side by side
| Chainflip | PegasusSwap | |
|---|---|---|
| Category | Instant Swaps | Instant Swaps |
| KYC policy | ID in rare cases | ID never required |
| Custody | Non Custodial | Custodial |
| Sign-up | No account needed | No account needed |
| Open source | Yes | No |
| Tor onion address | No | No |
| Coins | BTC, ETH, SOL, USDC, USDT, DOT, TRX, FLIP | BTC, XMR, ETH, USDT, USDC, LTC, SOL, TRX |
| Pay with | Crypto | Crypto, Monero |
| Fees | Not published | Service fee included in the quoted rate; FAQ says an additional commission may be charged when AML risk exceeds its norm |
| Limits | Not published | Minimum about $50 equivalent per swap (one FAQ answer says about $100); no maximum stated |
| Jurisdiction | Germany | Not published |
| Not available in | Persons subject to sanctions regimes are barred by the front-end terms; no country list published | Not published |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only Chainflip
No email neededNo phone neededOpen sourceNon-custodialIndependent auditLegal entity disclosed
Both
No registration
Only PegasusSwap
Works without JavaScriptAccepts MoneroAML screeningAnonymous operatorClosed sourceRuns an affiliate programme
Where they sit among instant swaps
Questions
Is Chainflip or PegasusSwap safer?
Chainflip has the higher Safety grade: Chainflip 8.3, PegasusSwap 4.0, out of 10.
Does Chainflip or PegasusSwap require KYC?
Chainflip is KYC level 2 (ID in rare cases). PegasusSwap is KYC level 0 (ID never required).
Which has more incidents on record?
Chainflip has 0 and PegasusSwap has 0 documented incidents in the registry.