<p><span style="font-weight: 400;">Lightning Labs, a startup focused on developing the Lightning Network, a Layer 2 payment channel network for Bitcoin, has launched a new marketplace for liquidity on the network.</span></p> <p><span style="font-weight: 400;">According to an announcement, the new non-custodial, peer-to-peer marketplace “transforms” Lightning liquidity into a tradable asset on Lightning Pool, allowing users to “buy or sell access to liquidity.”</span></p> <p><span style="font-weight: 400;">Lightning Pool opens the door to new Lightning financial products, or “LiFi,” the startup said in a statement. </span></p> <p><span style="font-weight: 400;">“Unlike other services on the market, Pool sellers can earn yield on real bitcoin without trusting a third party or losing custody of their funds,” according to the firm. “The yield is earned from buyers on the Pool willing to pay a premium for access to new capital on Lightning without counterparty risk.”</span></p> <p><span style="font-weight: 400;">The new marketplace is meant to address a general lack of liquidity on the Lightning Network, which has been an obstacle to its adoption. “Users attempted to solve this problem in a variety of ad hoc ways, such as chat groups and OTC services,” the release states. “Pool provides a solution that enables all of them to participate.”</span></p> <p><iframe title="Lightning Network's Capacity" src="https://embed.theblockcrypto.com/data/on-chain-metrics/bitcoin/lightning-networks-capacity-daily/embed" width="100%" height="420" frameborder="0"></iframe></p> <p><em>This post has been updated for clarity.</em></p>