# Lnfi Network > First Orderbook on Lightning Network Lnfi Network is a decentralized trading and asset issuance protocol built on the Bitcoin Lightning Network. It lets users trade, bridge, and manage Bitcoin, Taproot Assets, and RGB assets through Lightning-native financial applications. Lnfi Network is a decentralized finance protocol built on top of the Bitcoin Lightning Network, classified as a decentralized trading and multi-asset infrastructure project. It extends Lightning beyond simple payments by adding programmable logic, bilateral settlement, and native support for issuing and transferring Taproot Assets and RGB assets. The protocol targets Bitcoin holders, traders, and projects seeking to issue or trade tokenized assets with Bitcoin-level security and instant settlement. Orders and matching on its exchange run over the Nostr network, with settlement executed atomically over Lightning channels and finality anchored to the Bitcoin blockchain. This structure lets peers swap assets, such as Bitcoin for stablecoins or other tokenized assets, without relying on a central order-matching server. Users can choose managed-custody trading or operate self-custodial Lightning nodes to retain direct control of funds. Its product set spans LN Exchange, an orderbook and peer-to-peer exchange for spot and perpetual trading; LN Bridge, for moving assets across chains; and LN Node, a self-custodial node service for generating yield on Bitcoin and Lightning-based assets. Additional tools cover token issuance, launch campaigns, airdrops, price oracle data, and an NFT marketplace. The network is used by traders, node operators, and projects launching or listing tokenized assets on Lightning. - Type: Project - Sector: DeFi - Status: Active - Founded: 2023-10-13 - Profile: https://thegrid.id/profiles/lnfi_network ## Products - [LN Exchange](https://thegrid.id/profiles/lnfi_network): LN Exchange is a decentralized exchange offering order book trading settled on the Lightning Network, supporting spot and perpetual trading of Bitcoin, Taproot Assets and RGB assets. Peer-to-peer order matching runs through the Nostr protocol while trades settle atomically over Lightning channels, with margining, mark price, liquidation and funding-rate mechanisms governing perpetual contracts. The platform offers both managed-custody and self-custodial trading paths, a rewards program, and an onchain explorer for tracking user activity. (Decentralised Exchange, Live, Main Product) - [LN Bridge](https://thegrid.id/profiles/lnfi_network): LN Bridge is a cross-chain bridge that moves ERC-20 USDT from Ethereum to the Lightning Network by converting it into Taproot Assets. It locks the Ethereum-based tokens and mints equivalent Lightning-native assets, letting users bring liquidity onto Lightning-based applications. The product also offers staking rewards for assets bridged through it. (Bridge, Live) - [LN Node](https://thegrid.id/profiles/lnfi_network): LN Node is a managed Lightning node service that lets users deploy and operate their own Lightning Network node without running dedicated hardware. It offers a cloud-hosted Lite tier for initial free access alongside a self-hosted or hardware Full tier for a one-time fee, and includes channel mining to earn rewards for provisioning liquidity. Independent traders and Lnfi ecosystem users rely on it to connect to Lightning-based trading and payment services. (Node Hosting, Live) - [Lnfi Platform](https://thegrid.id/profiles/lnfi_network): Lnfi Platform is a token issuance and distribution suite for launching and managing assets on the Lightning Network, combining launchpad, marketplace, oracle and distribution tooling under one interface. Users issue new tokens through LN Issue, raise liquidity via launchpad and launchpool mechanisms in LN Starter, and trade illiquid tokens and collectibles peer-to-peer on the P2P Marketplace. A price oracle feeds valuation data to supported assets using third-party price infrastructure, while token locking, airdrop distribution and gift-sending tools let projects and holders manage vesting, rewards and transfers. All of these functions operate through a shared account and dashboard, targeting projects launching Lightning-native assets and their communities. (Launch Pad, Live) ## Assets - [Lnfi Network (LN)](https://thegrid.id/profiles/lnfi_network): LN is the protocol token of Lnfi Network, issued natively on Bitcoin's Lightning Network across both the Taproot Assets and RGB protocols. It is used for governance, trading fee discounts, staking rewards, and access across LN Exchange, LN Node, LN Starter, and other Lnfi products. It bridges to EVM-compatible networks, with a BEP-20 deployment on BNB Smart Chain giving it cross-chain reach beyond Lightning. (Utility) - [TREAT (TREAT)](https://thegrid.id/profiles/lnfi_network): TREAT was the utility token of LN Starter, issued by Lnfi Network on the Taproot Assets protocol on Bitcoin's Lightning Network. It was used for LN Bridge staking rewards and platform incentives before Lnfi launched its LN token. Holders swapped TREAT into LN at fixed rates during the Lnfi Genesis Event, after which TREAT was phased out of circulation. (Utility) ## Links - [Documentation](https://docs.lnfi.network) - [Media Kit/branding](https://docs.lnfi.network/brand-kit) - [Terms of Service](https://docs.lnfi.network/terms) - [Main](https://www.lnfi.network) - [Twitter / X](https://x.com/lnfinetwork) - [Substack](https://lnfinetwork.substack.com) - [Telegram](https://t.me/lnfinetwork) - [GitHub](https://github.com/lnfi-network) - [Twitter / X](https://x.com/LNExchange) - [YouTube](https://www.youtube.com/channel/UCcHQAePA92VC3T_nzo9IluQ) - [Medium](https://lnfinetwork.medium.com) - [LinkedIn](https://www.linkedin.com/company/lnfi-network/home) ## Legal This data is provided under two licensing models. Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. 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