> ## Documentation Index
> Fetch the complete documentation index at: https://docs.kaleidoswap.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Channels And LSP Flows

> Open Lightning channels directly or use KaleidoSwap LSP channel-order workflows from the Kaleido CLI

## Channel Operations

The `channel` group covers direct Lightning channel management against your local node.

| Command                              | Purpose                  |
| ------------------------------------ | ------------------------ |
| `kaleido channel list`               | List current channels    |
| `kaleido channel open <peer>`        | Open a channel to a peer |
| `kaleido channel close <channel-id>` | Close a channel          |

Peer arguments use `pubkey@host:port` format.

## Open A Channel

```bash theme={null}
kaleido channel open 03abc...@peer.host:9735 --capacity 100000
```

Notable options:

* `--capacity`
* `--push-msat`
* `--asset-id`
* `--asset-amount`
* `--push-asset-amount`
* `--public` or `--private`
* `--with-anchors`
* `--fee-base-msat`
* `--fee-proportional-millionths`

Example colored channel:

```bash theme={null}
kaleido channel open 03abc...@peer.host:9735 \
  --capacity 100000 \
  --asset-id rgb:abc... \
  --asset-amount 5000
```

## LSP Channel Orders

Use `channel order` when you want KaleidoSwap's LSP flow instead of manually opening a peer channel.

### Subcommands

| Command                                        | Purpose                  |
| ---------------------------------------------- | ------------------------ |
| `kaleido channel order create <client-pubkey>` | Create a channel order   |
| `kaleido channel order get <order-id>`         | Fetch status and details |
| `kaleido channel order decide <order-id>`      | Submit a rate decision   |
| `kaleido channel order estimate-fees`          | Estimate opening fees    |

### Create an order

```bash theme={null}
kaleido channel order create 03abc... \
  --lsp-balance 1000000 \
  --client-balance 500000
```

Useful options:

* `--confirmations`
* `--funding-within`
* `--expiry-blocks`
* `--refund-address`
* `--announce` or `--private`
* `--asset-id`
* `--lsp-asset-amount`
* `--client-asset-amount`
* `--rfq-id`
* `--email`

Example colored channel order:

```bash theme={null}
kaleido channel order create 03abc... \
  --lsp-balance 1000000 \
  --client-balance 500000 \
  --asset-id rgb:xyz... \
  --lsp-asset-amount 5000 \
  --client-asset-amount 2000
```

## LSP Metadata

The `lsp` subgroup exposes server metadata and network details:

| Command                            | Purpose                                    |
| ---------------------------------- | ------------------------------------------ |
| `kaleido channel lsp info`         | Show LSP information and available options |
| `kaleido channel lsp network-info` | Show network metadata for the LSP          |

These commands are useful before creating orders or when wiring client defaults.

## Practical Sequence

```bash theme={null}
kaleido channel lsp info
kaleido node swap pubkey
kaleido channel order estimate-fees --lsp-balance 1000000 --client-balance 500000
kaleido channel order create 03abc... --lsp-balance 1000000 --client-balance 500000
```

See [Market And Swaps](/cli/market-and-swaps) for server-side trading flows that often run alongside channels and liquidity management.