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A decentralized exchange for Bitcoin: KaleidoSwap alpha is here

Newsroom by Newsroom
May 6, 2026
in Bitcoin, Industry
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The release of KaleidoSwap Alpha v0.1 has been announced, enabling the trading of RGB assets on the Lightning Network.

On March 19, KaleidoSwap released its first pre-release alpha version, available for download on GitHub, accompanied by the launch of its new official website. The platform integrates with an RGB Lightning node, giving users full control over their assets without relying on intermediaries. The application is currently available for Linux and macOS. Windows support will come with future versions. 

Speaking to Atlas21, Walter Maffione, Lead Engineer at KaleidoSwap, stated:

“KaleidoSwap is an open-source desktop application available for Linux and macOS. With this first alpha release, users can experiment in a test environment with non-custodial, private, and intuitive RGB asset trading on the Lightning Network. Our goal is to collect feedback to improve the app and release regular updates ahead of a future mainnet launch. This is just one step along a path that will lead to Lightning Finance—decentralized finance on the Lightning Network—capable of generating significant volume and introducing new use cases to the protocol, for the benefit of all users.”

Available features

With the alpha release, users can already access several features:

  • decentralized asset trading: direct connection to market makers via the Lightning Network;
  • full channel management: intuitive tools to open, close, and manage Lightning channels with RGB asset support;
  • deposit and withdrawal system: simplified management of both on-chain and LN transactions;
  • channel requests: ability to request channels from Lightning Service Providers (LSPs) with configurable capacity and included assets;
  • transaction monitoring: detailed reports on deposits, withdrawals, and swap history;
  • secure node backup: create node data backups directly from the settings.

Supported networks

The first alpha version supports exclusively RGB on the Regtest, Signet, and Testnet3 test networks.

Developers emphasize that since this is alpha-stage software, mainnet use is not currently recommended. Users wishing to test the platform should be aware of possible limitations, including frozen swaps and other technical issues typical of early-stage software development.

For upcoming versions of the platform, the KaleidoSwap team has revealed plans to introduce a P2P marketplace for exchanges. 

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