Protocol Spotlight - FaustSwap

FaustSwap is a privacy-focused BTC ↔ XMR swap aggregator that brings quotes from multiple independent providers into one interface.

Users can compare available routes and choose the option that best fits their needs, while FaustSwap itself does not custody funds or require users to create an account.

How Does FaustSwap Work?

FaustSwap is designed to make swapping between Bitcoin and Monero easier without becoming the exchange itself.

When a user enters the amount they want to swap, FaustSwap collects quotes from several independent providers and shows the available options in one place. Users can then compare the amount they will receive, the exchange rate, and the provider’s KYC or privacy requirements before choosing a route.

The actual swap is handled by the selected provider. FaustSwap does not take custody of the user’s funds, and it never asks for private keys or seed phrases.

This reflects the main philosophy behind FaustSwap. The platform wants to give users more choice without requiring them to give up unnecessary personal information or control over their assets. FaustSwap itself does not require an account or KYC and says it will not integrate services that require FaustSwap to collect user data.

That does not mean every provider available through FaustSwap is completely KYC-free. Individual providers can still have their own AML and KYC policies. FaustSwap instead gives users the information they need to compare those options and decide which route they want to use.

Behind the interface, FaustSwap connects to these providers through APIs. Its backend retrieves quotes, creates exchanges, and checks their status, while provider API keys and other sensitive infrastructure remain on the server rather than being exposed to users.

What Else Has Faust Built?

Faust is building more than just a swap aggregator. It also offers a portable Monero wallet for Windows, a portable Bitcoin wallet called FaustWallet, an open-source crypto analytics project called FaustCrypto, and a Telegram bot for accessing FaustSwap.

What is interesting is that these products cover different parts of the user experience. FaustSwap handles exchange routing, the wallets handle self-custody, FaustCrypto focuses on market analytics, and the Telegram bot gives users another way to access the service.

This makes Faust less of a single-product project and more of a small toolkit built around Bitcoin, Monero, and privacy-focused crypto use.

How Is FaustSwap Connected to THORChain?

FaustSwap has announced on its website that it plans to integrate THORChain once native Monero support goes live.

THORChain’s upcoming XMR integration will allow users to swap Monero directly against assets such as Bitcoin through THORChain’s liquidity. For FaustSwap, this would add THORChain as another route it can offer alongside its existing swap providers.

That fits naturally with how FaustSwap already works. Users will be able to compare THORChain against other available routes and choose the option that works best for them.

For THORChain, this is also a win. Through FaustSwap, there will be more eyeballs on the XMR integration and more users discovering THORChain as an option for swapping between Bitcoin and Monero.

Conclusion

FaustSwap shows how a simple product can give users more control over how they swap between Bitcoin and Monero.

Its focus on privacy, transparency, and giving users enough information to choose between different providers also makes it a natural fit for THORChain.

With THORChain set to become part of that routing landscape, FaustSwap can help bring its XMR integration in front of users who are already actively looking for BTC ↔ XMR swaps.