Swap Market

What is SwapMarket

SwapMarket is a non-custodial swap interface for Bitcoin and its layered ecosystems. As of 2026-05-30, the service operates at swapmarket.github.io and positions itself as a "virtual broker for Non-Custodial Bitcoin Bridges." The platform facilitates swaps across Lightning (LN), Bitcoin mainchain, Liquid, and Rootstock, allowing users to move BTC between these layers without surrendering control of their funds.

The project appears to be a fork or derivative of the Boltz Web App, with a key distinction: users can choose their swap counterparty rather than relying on a single centralized coordinator. This peer-selection model aims to reduce centralization risks and lower costs compared to single-provider alternatives.

How no-KYC is it?

SwapMarket requires no identity verification. The official site makes no mention of KYC, account creation, email registration, or any personal data collection. Swaps are executed directly between user-controlled wallets, with no intermediary custody period that would trigger regulatory reporting obligations. The service operates as a pure coordination layer-users connect their own wallets and execute atomic or submarine swaps with chosen counterparties.

The "No KYC mention" classification from older directory listings remains accurate. There is no evidence of soft-KYC triggers at any volume threshold, no IP logging requirements, and no geographic blocking based on jurisdiction.

Privacy & security

Privacy architecture follows the non-custodial, no-account model. Users do not deposit funds to the platform; rather, they lock funds in hash-time-locked contracts (HTLCs) or equivalent atomic swap constructions with their selected counterparty. This minimizes trust assumptions-SwapMarket itself cannot steal funds, though users must verify their counterparty's reliability.

The security model inherits from Boltz's submarine swap protocol, which has seen extensive production use. However, the peer-selection feature introduces a variable not present in single-coordinator systems: counterparty risk. Users must independently assess the reliability of individual liquidity providers. No bond, reputation, or slashing mechanism is mentioned on the official site.

The .github.io domain suggests open-source hosting, though no explicit license is displayed in the crawl. No security audits or bug bounty programs are referenced in the available evidence.

Payments, fees & limits

The official site does not publish specific fee schedules, minimum swap sizes, or maximum limits. This opacity is typical for marketplace-style coordinators where individual liquidity providers set their own spreads. Users should expect:

• Network fees for the respective chains (Bitcoin mainchain, Lightning routing, Liquid, Rootstock)
• Potential liquidity provider premiums above spot rates
• No platform withdrawal fees (funds never touch platform custody)

The "fast and non-custodial" framing suggests emphasis on speed over rate optimization. Users seeking the best rates may need to compare multiple counterparties manually.

User experience & support

The interface appears streamlined for technical Bitcoin users familiar with layer-2 concepts. Swaps require:

• A compatible wallet for each layer involved
• Understanding of invoice generation (for Lightning) or address formats
• Ability to monitor swap states independently

No customer support infrastructure is evident. The GitHub Pages hosting model implies community-driven maintenance rather than professional support operations. Users encountering stuck swaps or counterparty failures would need to rely on protocol-level refund mechanisms or community channels.

The site lists no contact email, no chat, no documentation, and no FAQ section beyond the marketing description. This minimalism aligns with the privacy-first ethos but creates friction for non-technical users.

Who it's for

SwapMarket suits experienced Bitcoin users who:

• Regularly move value between Lightning, Liquid, and Rootstock
• Prioritize non-custodial workflows over convenience
• Accept counterparty risk in exchange for potentially better rates
• Do not require customer support or dispute resolution

It is not suitable for beginners, fiat on/off-ramp seekers, or users wanting guaranteed liquidity at published rates. For those needing simpler no-KYC swaps with fixed pricing, single-coordinator alternatives like Boltz or submarine swap services may offer more predictable experiences.

The service remains operational as of 2026-05-30 with no reported outages, scams, or shutdowns in the evidence corpus.