Chainflip vs PulseLN
Chainflip has the higher grade on both axes: Safety 8.3 against 3.9, and Privacy 7.1 against 3.3.
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 →
PulseLN
No-signup instant swaps across Lightning, PulseChain and other networks
Privacy
3.3/ 10
Poor
Safety
3.9/ 10
Poor
ID on risk flag KYC 3 Docs reviewed Full review →
Side by side
| Chainflip | PulseLN | |
|---|---|---|
| Category | Instant Swaps | Instant Swaps |
| KYC policy | ID in rare cases | ID on risk flag |
| 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, PLS, BNB, ETH, SOL, TRX, XMR, LTC |
| Pay with | Crypto | Crypto, Lightning, Monero |
| Fees | Not published | Swap fee plus a fixed routing fee shown in the quote; discounts for holders of the service's PLN token |
| Limits | Not published | Per-pair minimum and maximum shown in the swap form |
| Jurisdiction | Germany | Not published |
| Not available in | Persons subject to sanctions regimes are barred by the front-end terms; no country list published | United States, North Korea, Eritrea, Cuba, and countries under UN sanctions (list last updated 3 May 2026) |
| 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 PulseLN
Accepts LightningAccepts MoneroMay request IDAML screeningAnonymous operatorExcludes US usersRuns an affiliate programme
Where they sit among instant swaps
Questions
Is Chainflip or PulseLN safer?
Chainflip has the higher Safety grade: Chainflip 8.3, PulseLN 3.9, out of 10.
Does Chainflip or PulseLN require KYC?
Chainflip is KYC level 2 (ID in rare cases). PulseLN is KYC level 3 (ID on risk flag).
Which has more incidents on record?
Chainflip has 0 and PulseLN has 0 documented incidents in the registry.