Chainflip vs Swap Market
It is a trade-off. Chainflip has the higher Safety grade (8.3 against 7.3), while Swap Market has the higher Privacy grade (9.3 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 →
Swap Market
Open-source front end for atomic swaps between Bitcoin, Lightning, Liquid and Rootstock
Privacy
9.3/ 10
Excellent
Safety
7.3/ 10
Strong
ID never required KYC 0 Docs reviewed Full review →
Side by side
| Chainflip | Swap Market | |
|---|---|---|
| Category | Instant Swaps | Instant Swaps |
| KYC policy | ID in rare cases | ID never required |
| Custody | Non Custodial | Non Custodial |
| Sign-up | No account needed | No account needed |
| Open source | Yes | Yes |
| Tor onion address | No | Yes |
| Coins | BTC, ETH, SOL, USDC, USDT, DOT, TRX, FLIP | BTC, L-BTC, RBTC |
| Pay with | Crypto | Crypto, Lightning |
| Fees | Not published | Set by each backend provider and shown before the swap |
| Limits | Not published | Set by each backend provider |
| Founded | Not published | 2024 |
| 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
Independent auditLegal entity disclosed
Both
No registrationNo email neededNo phone neededOpen sourceNon-custodial
Only Swap Market
Tor onion serviceAccepts LightningSelf-hostable
Where they sit among instant swaps
Questions
Is Chainflip or Swap Market safer?
Chainflip has the higher Safety grade: Chainflip 8.3, Swap Market 7.3, out of 10.
Does Chainflip or Swap Market require KYC?
Chainflip is KYC level 2 (ID in rare cases). Swap Market is KYC level 0 (ID never required).
Which has more incidents on record?
Chainflip has 0 and Swap Market has 0 documented incidents in the registry.