Lightning Loop vs omenswap
It is a trade-off. Lightning Loop has the higher Safety grade (8.0 against 4.7), while omenswap has the higher Privacy grade (8.0 against 7.8).
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 →
omenswap
Small XMR, BTC, ETH, SOL and stablecoin swap with on-chain reserve vaults and a no-JS mirror
Privacy
8.0/ 10
Strong
Safety
4.7/ 10
Caution
ID never required KYC 0 Docs reviewed Full review →
Side by side
| Lightning Loop | omenswap | |
|---|---|---|
| Category | Instant Swaps | Instant Swaps |
| KYC policy | No ID mentioned | ID never required |
| Custody | Non Custodial | Custodial |
| Sign-up | No account needed | No account needed |
| Open source | Yes | No |
| Tor onion address | No | Yes |
| Coins | BTC | XMR, BTC, ETH, SOL, USDC, USDT |
| Pay with | Crypto, Lightning | Crypto, Monero |
| Fees | Loop service fee varying with on-chain conditions, plus on-chain and routing fees; 30,000-sat no-show prepayment on Loop Out | 0.5% floating rate, 1% fixed rate, plus network fee; extra 1% for a manual refund without a refund address |
| Limits | Not published | Bounded by published pool reserves (small when checked on 23 Oct 2026) |
| Founded | 2019 | Not published |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only Lightning Loop
Accepts LightningNon-custodialOpen source5+ years operating
Both
No registrationNo email neededNo phone needed
Only omenswap
Tor onion serviceWorks without JavaScriptAccepts MoneroOwn liquidityRefund without IDAML screeningCustodialClosed sourceAnonymous operatorRuns an affiliate programme
Where they sit among instant swaps
Questions
Is Lightning Loop or omenswap safer?
Lightning Loop has the higher Safety grade: Lightning Loop 8.0, omenswap 4.7, out of 10.
Does Lightning Loop or omenswap require KYC?
Lightning Loop is KYC level 1 (no ID mentioned). omenswap is KYC level 0 (ID never required).
Which has more incidents on record?
Lightning Loop has 0 and omenswap has 0 documented incidents in the registry.