diff --git a/client.go b/client.go
index 66ee81e6..f947cd08 100644
--- a/client.go
+++ b/client.go
@@ -22,6 +22,7 @@ import (
 	"github.com/lightninglabs/loop/sweepbatcher"
 	"github.com/lightninglabs/loop/utils"
 	"github.com/lightninglabs/taproot-assets/rpcutils"
+	"github.com/lightningnetwork/lnd/clock"
 	"github.com/lightningnetwork/lnd/lntypes"
 	"github.com/lightningnetwork/lnd/routing/route"
 	"google.golang.org/grpc"
@@ -485,7 +486,10 @@ func (s *Client) Run(ctx context.Context, statusChan chan<- SwapInfo) error {
 func (s *Client) resumeSwaps(ctx context.Context,
 	loopOutSwaps []*loopdb.LoopOut, loopInSwaps []*loopdb.LoopIn) {
 
-	swapCfg := newSwapConfig(s.lndServices, s.Store, s.Server, s.AssetClient)
+	swapCfg := newSwapConfig(
+		s.lndServices, s.Store, s.Server, s.AssetClient,
+		clock.NewDefaultClock(),
+	)
 
 	for _, pend := range loopOutSwaps {
 		if pend.State().State.Type() != loopdb.StateTypePending {
@@ -578,6 +582,7 @@ func (s *Client) LoopOut(globalCtx context.Context,
 	// Create a new swap object for this swap.
 	swapCfg := newSwapConfig(
 		s.lndServices, s.Store, s.Server, s.AssetClient,
+		clock.NewDefaultClock(),
 	)
 
 	initResult, err := newLoopOutSwap(
@@ -759,7 +764,10 @@ func (s *Client) LoopIn(globalCtx context.Context,
 
 	// Create a new swap object for this swap.
 	initiationHeight := s.executor.height()
-	swapCfg := newSwapConfig(s.lndServices, s.Store, s.Server, s.AssetClient)
+	swapCfg := newSwapConfig(
+		s.lndServices, s.Store, s.Server, s.AssetClient,
+		clock.NewDefaultClock(),
+	)
 	initResult, err := newLoopInSwap(
 		globalCtx, swapCfg, initiationHeight, request,
 	)
diff --git a/cost_migration_test.go b/cost_migration_test.go
index 6ff2fc96..082895f2 100644
--- a/cost_migration_test.go
+++ b/cost_migration_test.go
@@ -9,6 +9,7 @@ import (
 	"github.com/lightninglabs/lndclient"
 	"github.com/lightninglabs/loop/loopdb"
 	"github.com/lightninglabs/loop/test"
+	"github.com/lightningnetwork/lnd/clock"
 	"github.com/lightningnetwork/lnd/lntypes"
 	"github.com/lightningnetwork/lnd/lnwire"
 	"github.com/stretchr/testify/require"
@@ -25,6 +26,7 @@ func TestCalculateLoopOutCost(t *testing.T) {
 		lnd:    &lnd.LndServices,
 		store:  store,
 		server: server,
+		clock:  clock.NewTestClock(time.Unix(123, 0)),
 	}
 
 	height := int32(600)
@@ -118,6 +120,7 @@ func TestCostMigration(t *testing.T) {
 		lnd:    &lnd.LndServices,
 		store:  store,
 		server: server,
+		clock:  clock.NewTestClock(time.Unix(123, 0)),
 	}
 
 	height := int32(600)
diff --git a/loopd/daemon.go b/loopd/daemon.go
index 32371df1..880e1962 100644
--- a/loopd/daemon.go
+++ b/loopd/daemon.go
@@ -1005,7 +1005,8 @@ func (d *Daemon) initialize(withMacaroonService bool) error {
 	}
 
 	loop.Resume(
-		d.mainCtx, notificationManager, swapClient.Store, d.impl.Conn, d.lnd,
+		d.mainCtx, notificationManager, swapClient.Store,
+		d.impl.Conn, d.lnd, clock.NewDefaultClock(),
 	)
 
 	// Last, start our internal error handler. This will return exactly one
diff --git a/loopin.go b/loopin.go
index 989d6733..ae6802c8 100644
--- a/loopin.go
+++ b/loopin.go
@@ -7,7 +7,6 @@ import (
 	"errors"
 	"fmt"
 	"sync"
-	"time"
 
 	"github.com/btcsuite/btcd/btcec/v2"
 	"github.com/btcsuite/btcd/btcutil"
@@ -264,7 +263,7 @@ func newLoopInSwap(globalCtx context.Context, cfg *swapConfig,
 
 	// Instantiate a struct that contains all required data to start the
 	// swap.
-	initiationTime := time.Now()
+	initiationTime := cfg.clock.Now()
 
 	contract := loopdb.LoopInContract{
 		HtlcConfTarget: request.HtlcConfTarget,
@@ -837,7 +836,7 @@ func (s *loopInSwap) publishOnChainHtlc(ctx context.Context) (bool, error) {
 	// the fee for publishing the htlc.
 	s.cost.Onchain = fee
 
-	s.lastUpdateTime = time.Now()
+	s.lastUpdateTime = s.clock.Now()
 	if err := s.persistState(ctx); err != nil {
 		return false, fmt.Errorf("persist htlc tx: %v", err)
 	}
@@ -1210,7 +1209,7 @@ func (s *loopInSwap) persistState(ctx context.Context) error {
 
 // setState updates the swap state and last update timestamp.
 func (s *loopInSwap) setState(state loopdb.SwapState) {
-	s.lastUpdateTime = time.Now()
+	s.lastUpdateTime = s.clock.Now()
 	s.state = state
 }
 
diff --git a/loopin_test.go b/loopin_test.go
index 9ff97f73..156f1d60 100644
--- a/loopin_test.go
+++ b/loopin_test.go
@@ -13,6 +13,7 @@ import (
 	"github.com/lightninglabs/loop/test"
 	"github.com/lightninglabs/loop/utils"
 	"github.com/lightningnetwork/lnd/chainntnfs"
+	"github.com/lightningnetwork/lnd/clock"
 	invpkg "github.com/lightningnetwork/lnd/invoices"
 	"github.com/lightningnetwork/lnd/lntypes"
 	"github.com/lightningnetwork/lnd/routing/route"
@@ -129,8 +130,12 @@ func testLoopInSuccess(t *testing.T) {
 	ctx := newLoopInTestContext(t)
 
 	height := int32(600)
+	startTime := time.Unix(123, 0)
 
-	cfg := newSwapConfig(&ctx.lnd.LndServices, ctx.store, ctx.server, nil)
+	cfg := newSwapConfig(
+		&ctx.lnd.LndServices, ctx.store, ctx.server, nil,
+		clock.NewTestClock(startTime),
+	)
 
 	expectedLastHop := &route.Vertex{0x02}
 
@@ -144,6 +149,7 @@ func testLoopInSuccess(t *testing.T) {
 	require.NoError(t, err)
 
 	inSwap := initResult.swap
+	require.Equal(t, startTime, inSwap.InitiationTime)
 
 	ctx.store.AssertLoopInStored()
 
@@ -279,7 +285,10 @@ func testLoopInTimeout(t *testing.T, externalValue int64) {
 
 	height := int32(600)
 
-	cfg := newSwapConfig(&ctx.lnd.LndServices, ctx.store, ctx.server, nil)
+	cfg := newSwapConfig(
+		&ctx.lnd.LndServices, ctx.store, ctx.server, nil,
+		clock.NewTestClock(time.Unix(123, 0)),
+	)
 
 	req := testLoopInRequest
 	if externalValue != 0 {
@@ -490,7 +499,10 @@ func testLoopInResume(t *testing.T, state loopdb.SwapState, expired bool,
 	ctxb := context.Background()
 
 	ctx := newLoopInTestContext(t)
-	cfg := newSwapConfig(&ctx.lnd.LndServices, ctx.store, ctx.server, nil)
+	cfg := newSwapConfig(
+		&ctx.lnd.LndServices, ctx.store, ctx.server, nil,
+		clock.NewTestClock(time.Unix(123, 0)),
+	)
 
 	// Create sender and receiver keys.
 	_, senderPubKey := test.CreateKey(1)
@@ -845,7 +857,10 @@ func advanceToPublishedHtlc(t *testing.T, ctx *loopInTestContext) SwapInfo {
 func startNewLoopIn(t *testing.T, ctx *loopInTestContext, height int32) (
 	*swapConfig, *loopInSwap, error) {
 
-	cfg := newSwapConfig(&ctx.lnd.LndServices, ctx.store, ctx.server, nil)
+	cfg := newSwapConfig(
+		&ctx.lnd.LndServices, ctx.store, ctx.server, nil,
+		clock.NewTestClock(time.Unix(123, 0)),
+	)
 
 	req := &testLoopInRequest
 
diff --git a/loopout.go b/loopout.go
index 11990d57..a18c83ed 100644
--- a/loopout.go
+++ b/loopout.go
@@ -25,6 +25,7 @@ import (
 	"github.com/lightninglabs/taproot-assets/fn"
 	"github.com/lightninglabs/taproot-assets/rfqmsg"
 	"github.com/lightningnetwork/lnd/chainntnfs"
+	"github.com/lightningnetwork/lnd/clock"
 	"github.com/lightningnetwork/lnd/lnrpc"
 	"github.com/lightningnetwork/lnd/lntypes"
 	paymentsdb "github.com/lightningnetwork/lnd/payments/db"
@@ -192,7 +193,7 @@ func newLoopOutSwap(globalCtx context.Context, cfg *swapConfig,
 
 	// Instantiate a struct that contains all required data to start the
 	// swap.
-	initiationTime := time.Now()
+	initiationTime := cfg.clock.Now()
 
 	contract := loopdb.LoopOutContract{
 		SwapInvoice:             swapResp.swapInvoice,
@@ -633,7 +634,7 @@ func (s *loopOutSwap) executeSwap(globalCtx context.Context) error {
 
 // persistState updates the swap state and sends out an update notification.
 func (s *loopOutSwap) persistState(ctx context.Context) error {
-	updateTime := time.Now()
+	updateTime := s.clock.Now()
 
 	s.lastUpdateTime = updateTime
 
@@ -864,12 +865,12 @@ func (s *loopOutSwap) payInvoiceAsync(ctx context.Context,
 	payCtx, cancel := context.WithCancel(ctx)
 	defer cancel()
 
-	start := time.Now()
+	start := s.clock.Now()
 	paymentStatus, attempts, err := s.sendPaymentWithRetry(
 		payCtx, hash, &req, maxRetries, routingPlugin, pluginType,
 	)
 
-	dt := time.Since(start)
+	dt := s.clock.Now().Sub(start)
 	paymentSuccess := err == nil &&
 		paymentStatus.State == lnrpc.Payment_SUCCEEDED
 
@@ -1543,6 +1544,7 @@ type resumeManager struct {
 	swapStore   loopdb.SwapStore
 	swapClient  swapserverrpc.SwapServerClient
 	lnd         *lndclient.GrpcLndServices
+	clock       clock.Clock
 
 	reqChan chan *swapserverrpc.ServerUnfinishedSwapNotification
 }
@@ -1552,13 +1554,14 @@ type resumeManager struct {
 func Resume(ctx context.Context, ntfnManager NotificationManager,
 	swapStore loopdb.SwapStore,
 	swapClientConn *grpc.ClientConn,
-	lnd *lndclient.GrpcLndServices) {
+	lnd *lndclient.GrpcLndServices, clock clock.Clock) {
 
 	resumeManager := &resumeManager{
 		ntfnManager: ntfnManager,
 		swapStore:   swapStore,
 		swapClient:  swapserverrpc.NewSwapServerClient(swapClientConn),
 		lnd:         lnd,
+		clock:       clock,
 		reqChan:     make(chan *swapserverrpc.ServerUnfinishedSwapNotification, 1),
 	}
 	go resumeManager.start(ctx)
@@ -1717,7 +1720,7 @@ func (m *resumeManager) resumeLoopOutPayment(ctx context.Context,
 				cost.Server = payResp.Value.ToSatoshis() - amtRequested
 				cost.Offchain = payResp.Fee.ToSatoshis()
 				// Payment succeeded.
-				updateTime := time.Now()
+				updateTime := m.clock.Now()
 
 				// Update state in store.
 				err = m.swapStore.UpdateLoopOut(
diff --git a/loopout_test.go b/loopout_test.go
index 25c9e230..026d571c 100644
--- a/loopout_test.go
+++ b/loopout_test.go
@@ -18,6 +18,7 @@ import (
 	"github.com/lightninglabs/loop/sweep"
 	"github.com/lightninglabs/loop/sweepbatcher"
 	"github.com/lightninglabs/loop/test"
+	"github.com/lightningnetwork/lnd/clock"
 	"github.com/lightningnetwork/lnd/lnrpc"
 	"github.com/lightningnetwork/lnd/lntypes"
 	"github.com/lightningnetwork/lnd/lnwallet/chainfee"
@@ -57,11 +58,13 @@ func testLoopOutPaymentParameters(t *testing.T) {
 	}
 
 	height := int32(600)
+	startTime := time.Unix(123, 0)
 
 	cfg := &swapConfig{
 		lnd:    &lnd.LndServices,
 		store:  store,
 		server: server,
+		clock:  clock.NewTestClock(startTime),
 	}
 
 	sweeper := &sweep.Sweeper{Lnd: &lnd.LndServices}
@@ -82,6 +85,7 @@ func testLoopOutPaymentParameters(t *testing.T) {
 	)
 	require.NoError(t, err)
 	swap := initResult.swap
+	require.Equal(t, startTime, swap.InitiationTime)
 
 	// Execute the swap in its own goroutine.
 	errChan := make(chan error)
@@ -193,7 +197,10 @@ func testLateHtlcPublish(t *testing.T) {
 
 	height := int32(600)
 
-	cfg := newSwapConfig(&lnd.LndServices, store, server, nil)
+	cfg := newSwapConfig(
+		&lnd.LndServices, store, server, nil,
+		clock.NewTestClock(time.Unix(123, 0)),
+	)
 
 	testRequest.Expiry = height + testLoopOutMinOnChainCltvDelta
 
@@ -296,6 +303,7 @@ func testCustomSweepConfTarget(t *testing.T) {
 
 	cfg := newSwapConfig(
 		&lnd.LndServices, loopdb.NewStoreMock(t), server, nil,
+		clock.NewTestClock(time.Unix(123, 0)),
 	)
 
 	initResult, err := newLoopOutSwap(
@@ -539,6 +547,7 @@ func testPreimagePush(t *testing.T) {
 
 	cfg := newSwapConfig(
 		&lnd.LndServices, loopdb.NewStoreMock(t), server, nil,
+		clock.NewTestClock(time.Unix(123, 0)),
 	)
 
 	initResult, err := newLoopOutSwap(
@@ -797,6 +806,7 @@ func testFailedOffChainCancelation(t *testing.T) {
 
 	cfg := newSwapConfig(
 		&lnd.LndServices, loopdb.NewStoreMock(t), server, nil,
+		clock.NewTestClock(time.Unix(123, 0)),
 	)
 
 	initResult, err := newLoopOutSwap(
@@ -951,6 +961,7 @@ func TestLoopOutMuSig2Sweep(t *testing.T) {
 
 	cfg := newSwapConfig(
 		&lnd.LndServices, loopdb.NewStoreMock(t), server, nil,
+		clock.NewTestClock(time.Unix(123, 0)),
 	)
 
 	initResult, err := newLoopOutSwap(
diff --git a/swap.go b/swap.go
index 204dd461..43a445eb 100644
--- a/swap.go
+++ b/swap.go
@@ -9,6 +9,7 @@ import (
 	"github.com/lightninglabs/loop/loopdb"
 	"github.com/lightninglabs/loop/swap"
 	"github.com/lightninglabs/loop/utils"
+	"github.com/lightningnetwork/lnd/clock"
 	"github.com/lightningnetwork/lnd/lntypes"
 )
 
@@ -83,15 +84,18 @@ type swapConfig struct {
 	store  loopdb.SwapStore
 	server swapServerClient
 	assets *assets.TapdClient
+	clock  clock.Clock
 }
 
 func newSwapConfig(lnd *lndclient.LndServices, store loopdb.SwapStore,
-	server swapServerClient, assets *assets.TapdClient) *swapConfig {
+	server swapServerClient, assets *assets.TapdClient,
+	clock clock.Clock) *swapConfig {
 
 	return &swapConfig{
 		lnd:    lnd,
 		store:  store,
 		server: server,
 		assets: assets,
+		clock:  clock,
 	}
 }