LN Markets
A Lightning-Only Bitcoin Derivative Exchange.
LN Markets launched a new type of Bitcoin derivatives exchange, one that can only be accessed via the Lightning Network. A few product details to note: margin positions are funded using LN transactions. The exchange implements a Contract For Difference (CFD) derivative product which tracks the difference in BitMEX BTC-USD price (between entry and exit). Because the product is still in alpha, the maximum margin per position is limited to 0.01 BTC. Despite the small-trade size, LN users have executed more than 2000 trades, aggregating over $400K of volume in the first month of operation. Currently, the exchange doesn't require personal information in order to trade.
