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Looking for a Bisq/HodlHodl-equivalent in the Ethereum ecosystem (P2P, no-KYC, fiat on/off ramp)

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I'm trying to identify whether there's a viable peer-to-peer, non-custodial, no-KYC solution for fiat <> Ethereum (or stablecoins) that doesn't require routing through BTC as a proxy.

Platforms like Bisq and HodlHodl have maintained some resilience in the Bitcoin space, but when it comes to Ethereum, the options seem far more limited. LocalCryptos and AgoraDesk used to partially fill this gap, but they’ve either shut down or are effectively dead, largely due to increasing regulatory pressure.

My ideal criteria would be:

  • P2P fiat ↔ ETH or fiat ↔ stablecoin (USDC/DAI)
  • Non-custodial or at least escrow-based
  • No KYC, no centralized account management
  • Preferably open source, or at least with verifiable smart contract logic

I've been digging through GitHub and some smaller DEX protocols but haven't found anything that matches the robustness or decentralization model of Bisq on the Ethereum side.

Does anyone know of any projects (live or in active development) that attempt to solve this in a trust-minimized way? Even if it's still niche or low-liquidity, I'd be curious to test it out.

Bonus points if it's compatible with L2s or privacy layers (zkSync, Base, Aztec, Railgun, etc). Appreciate any pointers.

submitted by /u/cristian0523
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