Exchanges on Lightning \ stacker news ~bitcoin

515 sats \ 34 comments \ @kr 12 Jul 2022 bitcoin

I’ve been tracking the public capacity of exchange nodes, and have noticed a few interesting trends.

First, River’s nodes are growing like weeds. River has added 72 BTC of public capacity in the last month, almost as much as Bitfinex.
Southxchange is a sleeper node, they operate an exchange in Argentina and have been quietly adding capacity over the last few months. Their Lightning node is bigger than much larger exchanges like OKEx, Okcoin, and Bitstamp.
Fixedfloat is another big mover, they’ve grown their capacity by 24% in the last month, and offer no-KYC swaps between a bunch of coins.

The brackets below refer to the amount of public capacity added in the last 30 days.

Bitfinex: 786 BTC (+85 BTC) River: 246 BTC (+72 BTC) Kraken: 156 BTC (+3 BTC) SouthXchange: 87 BTC (+7 BTC) OKEx: 60 BTC (-5 BTC) Boltz: 50 BTC (+3 BTC) Fixedfloat: 49 BTC (+10 BTC) OKcoin: 40 BTC (-14 BTC) LN Markets: 30 BTC (+0 BTC) Bitstamp: 18 BTC (-1 BTC) Kollider: 10 BTC (+2 BTC) Bullbitcoin: 7 BTC (+0 BTC) Bipa: 3 BTC (+0 BTC)

Are there any exchange nodes I’m missing?

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352 sats \ 1 reply \ @moon 12 Jul 2022

Another "interesting" thing to note: where are Coinbase's, Gemini's and Binance's LN implementations?

0 sats \ 0 replies \ @Undisciplined 12 Jul

This comment was featured on This Day in Stacker News.

188 sats \ 1 reply \ @faithandcredit 12 Jul 2022

Thanks for sharing your observations. Livingroomofsatoshi is not an exchange but they do share their data and the last 30 days LN was 11% of their payments.

https://www.livingroomofsatoshi.com/graphs

4 sats \ 0 replies \ @kr OP 12 Jul 2022

love it, thanks for sharing the dashboard.

are they related to or owned by wallet or satoshi?

269 sats \ 0 replies \ @andyleroy 17 Jul 2022

I found this list, which is a nice summary and link to each of the nodes as well: https://github.com/theDavidCoen/LightningExchanges

169 sats \ 0 replies \ @LNAnon69420 15 Jul 2022 freebie

BitcoinVN anycoin.cz Portico exchange is a new one

122 sats \ 6 replies \ @Cornleone 12 Jul 2022

@RemindMe_OfThis in 8 hours.

@k00b or @kr, are bots compatible with stacker.news like that classic twitter one above?

Interested in this topic too

35 sats \ 4 replies \ @k00b 12 Jul 2022

Not currently. We could eventually add them, but we'd have to figure out how to fund/charge bots ... and allowing any programatic access needs to be done carefully.

131 sats \ 3 replies \ @LaserStack 13 Jul 2022

Maybe you could add a sort of bounty for responding, so if I wanted a "remind me" style bot to remind me, I could set a bounty which it could collect by responding to me. This would help finance development of useful bots. It would also be good for Q&A's, to disincentivize spam.

25 sats \ 2 replies \ @k00b 13 Jul 2022

That's a neat idea!

25 sats \ 1 reply \ @a 13 Jul 2022

That's a cool idea. To tag on, I think the bots should be able compete with each other -- not just on time, but also on quality. I.e. multiple bots could respond, but only the best bot gets the bounty

2 sats \ 0 replies \ @mikhael 17 Jul 2022

lol yes, automate everything and take away the human element. humans bad, machines good. 0011010101001101010101

0 sats \ 0 replies \ @tomlaies 12 Jul 2022

One could write a bot that reads html via beautiful soup or something.

This might work as long as SN is still small. And the finances could make it real fun. But the reading could be heavy traffic when SN grows...

100 sats \ 0 replies \ @mrich1911 19 Jul 2022 freebie

I can personally vouch for OKcoin. I shoot all of my sats from my ZBD & Blue Wallet there and it seamlessly will convert over to BTC.

89 sats \ 0 replies \ @Rick 14 Jul 2022 freebie

Maybe coinos.io/about

69 sats \ 0 replies \ @random_bitcoiner 14 Jul 2022

You're missing buda[.]com there. I think this is their node.

It's apparently +0.36 BTC in the last 30 days.

69 sats \ 1 reply \ @LaserStack 13 Jul 2022

RoboSats! Also, considering that you included Boltz, Lightning Loop.

0 sats \ 0 replies \ @kr OP 13 Jul 2022

Good call on Robosats, will add to the next one

69 sats \ 0 replies \ @chinwenwencha 12 Jul 2022

Good to see that there ir a good node in Argentina. Well done xD

69 sats \ 0 replies \ @manreo 14 Jul 2022 freebie

What about NiceHash ? it is am exchange

69 sats \ 1 reply \ @ClickForCharity 12 Jul 2022 freebie

Interesting, thanks for posting. Is this extra capacity useful to the network as a whole or just to the exchanges?

0 sats \ 0 replies \ @kr OP 12 Jul 2022

It likely serves both use cases for exchanges.

I know Kraken disclosed earlier this year that they had earned a few million sats in routing fees, but of course their node is also used to support exchange deposits and withdrawals.