Boltz, a non-custodial decentralized crypto exchange built on top of the lightning network, announced the official alpha release of its platform this week.


According to the announcement, Boltz leverages so-called Submarine Swaps to exchange coins from a lightning channel to the main chain and vice versa. This works to improve the inbound capacity and liquidity of lightning channels, which is currently a major pain point for merchant adoption.

The alpha version of the Boltz mainnet (Boltz)

Swaps on Boltz already work in both directions (LN to on-chain and on-chain to LN) for both Bitcoin (BTC) and Litecoin (LTC).

Boltz also notes that all regular and Lightning wallets are currently supported, both for users running their own nodes and those who are using custodial wallet solutions.

More: Boltz Alpha Release Announcement
Related: Lightning Network App Tippin.me Continues to Gain Users

Disclaimer: This article’s author has cryptocurrency holdings that can be tracked here. This article is for informational purposes only and should not be taken as investment advice. Always conduct your own due diligence before making investments.