PeerSwap also enables direct BTC for LN BTC exchange if you don't want to use L-BTC (if the peer enables BTC swapping).

![peerswaps](https://www.datocms-assets.com/99305/1702226228-peerswaps-btc-lbtc.png)

antic

Just remember that peerswap only works if you are willing to trust a centralized custodian with your money

When you use peerswap you always end up with some exposure to L-BTC. The moment you have that exposure might be the moment Liquid's multisig decides to rug everyone.

lightning

PeerSwap Economics: Comparison with LOOP (and the problem with Rebalancing)

zapomatic

Just remember that peerswap only works if you are willing to trust a centralized custodian with your money

When you use peerswap you always end up with some exposure to L-BTC. The moment you have that exposure might be the moment Liquid's multisig decides to rug everyone.

![be-honest-liquid.jpeg](https://m.stacker.news/11620)