eigenwallet vs Lightning Loop
It is a trade-off. Lightning Loop has the higher Safety grade (8.0 against 7.0), while eigenwallet has the higher Privacy grade (8.9 against 7.8).
eigenwallet
Desktop wallet for peer-to-peer BTC-to-XMR atomic swaps, formerly UnstoppableSwap
Privacy
8.9/ 10
Excellent
Safety
7.0/ 10
Strong
ID never required KYC 0 Docs reviewed Full review →
Lightning Loop
Lightning Labs' non-custodial submarine swap service for moving sats between Lightning and on-chain
Privacy
7.8/ 10
Strong
Safety
8.0/ 10
Strong
No ID mentioned KYC 1 Docs reviewed Full review →
Side by side
| eigenwallet | Lightning Loop | |
|---|---|---|
| Category | Instant Swaps | Instant Swaps |
| KYC policy | ID never required | No ID mentioned |
| Custody | Non Custodial | Non Custodial |
| Sign-up | No account needed | No account needed |
| Open source | Yes | Yes |
| Tor onion address | No | No |
| Coins | BTC, XMR | BTC |
| Pay with | Crypto, Monero | Crypto, Lightning |
| Fees | Not published | Loop service fee varying with on-chain conditions, plus on-chain and routing fees; 30,000-sat no-show prepayment on Loop Out |
| Founded | Not published | 2019 |
| Jurisdiction | Decentralised / none | Not published |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only eigenwallet
Accepts Monero
Both
No registrationNo email neededNo phone neededOpen sourceNon-custodial
Only Lightning Loop
Accepts Lightning5+ years operating
Where they sit among instant swaps
Questions
Is eigenwallet or Lightning Loop safer?
Lightning Loop has the higher Safety grade: eigenwallet 7.0, Lightning Loop 8.0, out of 10.
Does eigenwallet or Lightning Loop require KYC?
eigenwallet is KYC level 0 (ID never required). Lightning Loop is KYC level 1 (no ID mentioned).
Which has more incidents on record?
eigenwallet has 0 and Lightning Loop has 0 documented incidents in the registry.