Lightning Loop vs Swap Market
It is a trade-off. Lightning Loop has the higher Safety grade (8.0 against 7.3), while Swap Market has the higher Privacy grade (9.3 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 →
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
| Lightning Loop | Swap Market | |
|---|---|---|
| Category | Instant Swaps | Instant Swaps |
| KYC policy | No ID mentioned | 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 | BTC, L-BTC, RBTC |
| Pay with | Crypto, Lightning | Crypto, Lightning |
| Fees | Loop service fee varying with on-chain conditions, plus on-chain and routing fees; 30,000-sat no-show prepayment on Loop Out | Set by each backend provider and shown before the swap |
| Limits | Not published | Set by each backend provider |
| Founded | 2019 | 2024 |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only Lightning Loop
5+ years operating
Both
No registrationNo email neededNo phone neededAccepts LightningNon-custodialOpen source
Only Swap Market
Tor onion serviceSelf-hostable
Where they sit among instant swaps
Questions
Is Lightning Loop or Swap Market safer?
Lightning Loop has the higher Safety grade: Lightning Loop 8.0, Swap Market 7.3, out of 10.
Does Lightning Loop or Swap Market require KYC?
Lightning Loop is KYC level 1 (no ID mentioned). Swap Market is KYC level 0 (ID never required).
Which has more incidents on record?
Lightning Loop has 0 and Swap Market has 0 documented incidents in the registry.