# OpenPeer review: KYC policy, privacy and safety grades

> OpenPeer was a P2P exchange and is no longer operating. On 21 Oct 2026 app.openpeer.xyz no longer resolved (its CNAME target has no DNS record) and blog.openpeer.xyz did not respond; the docs were last updated about two years ago and the GitHub organisation's latest OpenPeer pushes are from late 2024. Sources: https://openpeer.xyz, https://docs.openpeer.xyz, https://github.com/openpeer

Source: NoKYC Score, "OpenPeer review", reviewed 22 Oct 2026, https://nokycscore.com/service/openpeer

## Key facts
- **Category:** P2P Exchanges
- **KYC level:** 1 of 4: No ID mentioned
- **Sign-up:** Email required
- **Custody:** non-custodial
- **Fees:** 0.3% protocol fee paid by the offeror
- **Incidents on record:** 0
- **Last reviewed:** 22 Oct 2026
- **Official website:** https://openpeer.xyz

## What it is
OpenPeer was a peer-to-peer protocol for trading fiat against USDT, USDC and native EVM tokens using per-trade escrow smart contracts on Ethereum, Polygon, BNB Chain and other chains, with a centralised order book, reputation and dispute arbitration run by OpenPeer Labs Inc. Its docs say KYC is not enforced, though users are encouraged to verify through partner DID providers, and that posting an ad or order requires a username and email. The terms (last modified August 2023) bar US persons, charge a 0.3% fee to the offeror, and let OpenPeer settle disputed escrows. The escrow contracts are public on GitHub and a private audit report is published. On 21 October 2026 the trading app at app.openpeer.xyz did not resolve and the blog was unreachable; the marketing site and docs still load.

## What the terms say about ID
Docs FAQ: "We don't enforce KYC on the platform or protocol", though KYC through partners is recommended.

## Features and warnings
- **Identity:** ID never required: not stated; No account needed: no; No email needed: no; No phone number: not stated
- **Payment:** Accepts Monero: not stated; Accepts Lightning: not stated; Accepts cash: not stated
- **Access:** Tor onion address: not stated; Works without JavaScript: not stated
- **Trust:** Never holds your funds: yes; Refund without ID: not stated; Escrow it cannot spend alone: not stated; Open source: yes; Independent audit: yes; Company named: not stated; 5+ years operating: not stated
- **Warnings:** May ask for ID: not in terms; Screens deposits: not in terms; Holds your funds: not in terms; Email required: yes; Phone number required: not in terms; Closed source: not in terms; Nobody accountable: not in terms

## Questions
### Is OpenPeer still operating?
No. On 21 Oct 2026 app.openpeer.xyz no longer resolved (its CNAME target has no DNS record) and blog.openpeer.xyz did not respond; the docs were last updated about two years ago and the GitHub organisation's latest OpenPeer pushes are from late 2024. Sources: https://openpeer.xyz, https://docs.openpeer.xyz, https://github.com/openpeer See the alternatives listed on this page.

## Sources
- https://openpeer.xyz
- https://openpeer.xyz/terms
- https://docs.openpeer.xyz/openpeer-docs
- https://docs.openpeer.xyz/openpeer-docs/troubleshooting/faq
- https://docs.openpeer.xyz/openpeer-docs/getting-started/creating-an-account
- https://docs.openpeer.xyz/openpeer-docs/openpeer-protocol/what-is-decentralized-and-what-is-not
- https://docs.openpeer.xyz/openpeer-docs/openpeer-protocol/audits
- https://github.com/openpeer/openpeer_contracts

How grades are calculated: https://nokycscore.com/methodology