GhostSwap vs THORChain
GhostSwap has the higher grade on both axes: Safety 8.4 against 5.9, and Privacy 10.0 against 8.5.
GhostSwap
Swap front-end routing orders through third-party processing partners
Privacy
10.0/ 10
Excellent
Safety
8.4/ 10
Strong
ID never required KYC 0 Docs reviewed Full review →
THORChain
Cross-chain DEX protocol for native asset swaps, with an official swap interface
Privacy
8.5/ 10
Excellent
Safety
5.9/ 10
Fair
ID never required KYC 0 Docs reviewed Full review →
Side by side
| GhostSwap | THORChain | |
|---|---|---|
| Category | Instant Swaps | Instant Swaps |
| KYC policy | ID never required | ID never required |
| Custody | Custodial | Non Custodial |
| Sign-up | No account needed | No account needed |
| Open source | Yes | Yes |
| Tor onion address | Yes | No |
| Coins | BTC, ETH, XMR, ZEC, SOL, USDT | BTC, ETH, LTC, BCH, DOGE, ZEC, SOL, RUNE |
| Pay with | Crypto, Monero | Crypto |
| Fees | Not published | Source-chain gas, outbound gas and a liquidity fee that varies with swap size and pool depth (per FAQ) |
| Limits | Limits depend on the pair and are shown in the swap form; the homepage example showed 0.00001 BTC minimum and 2 BTC maximum when checked | Not published |
| Founded | 2024 | Not published |
| Not available in | Jurisdictions under comprehensive sanctions | Site terms exclude sanctioned jurisdictions and those flagged by FATF; the FAQ says the protocol has no geographic restrictions |
| Incidents on record | 0 | 1 |
| Published tests (180 days) | 0 | 0 |
Only GhostSwap
Account-number loginTor onion serviceWorks without JavaScriptAccepts MoneroAccepts LightningNo-logs policyOwn liquidityMultisig or hold-invoice escrowRefund without IDRuns an affiliate programme
Both
No registrationNo email neededNo phone neededOpen sourceNon-custodialAnonymous operator
Only THORChain
Nothing distinct
Where they sit among instant swaps
Questions
Is GhostSwap or THORChain safer?
GhostSwap has the higher Safety grade: GhostSwap 8.4, THORChain 5.9, out of 10.
Does GhostSwap or THORChain require KYC?
GhostSwap is KYC level 0 (ID never required). THORChain is KYC level 0 (ID never required).
Which has more incidents on record?
GhostSwap has 0 and THORChain has 1 documented incident in the registry.