As it surpasses 0.5bn in volume settled, Bebop unveils a major uplift to its API suite and trading app, expands to BNB Chain with more to follow
BVI, British Virgin Islands, February 22nd, 2024, Chainwire
Bebop, a leading spot trading platform in DeFi, has released major updates to its web app and API suite, expanded to BNB Chain, and is rapidly expanding across other L1 and L2 ecosystems.
Bebop Router: Unparalleled Quality of Execution
The API suite now offers the Bebop Router – the unified API gives developers a single access point for quotes leading to the best execution in DeFi. Bebop uniquely combines the two most efficient trade execution mechanisms to deliver the most favorable outcome for every trade. The first mechanism, Bebop’s advanced Request-for-Quote engine, provides access to the highest quality private liquidity on-chain at minimal gas costs. The second mechanism, Bebop’s proprietary solver auction system, JAM, finds the best execution by tapping into the widest range of on-chain liquidity sources.
Bebop’s RFQ product has become a leading router among similar systems over the last months, according to Flashbots’ orderflow analytics. Launched in December of 2023, JAM has been the catalyst of Bebop’s expansion to new chains, like BNB, with more coming very soon.
Bebop’s new web app: Trading with Confidence by Design
“Bebop’s philosophy is to enable users to trade confidently. With that comes guaranteed pricing, highest security standards, industry-leading success rates, and lightning-fast transaction completion”, says Katia Banina, CEO of Bebop. “To trade confidently in the world of DeFi, where you can transact with any token, it’s critical to have key information about every asset to inform each trade. That’s why we launched token previews that bring key insights to traders at the time they matter most.”
Powered by Bebop Router, the new Bebop web app offers:
- Unprecedented quality pricing with no negative slippage
- Support for any token
- Support for trades of size
- Simple and multi-token trades
- Token previews that give users key information about the assets they trade
Chain Expansion
Both the Bebop Router and the new web app are now available on BNB Chain, as well as previously supported chains – Ethereum, Arbitrum, and Polygon. Bebop is planning to rapidly expand its presence across both established and new L1 and L2 ecosystems.
About Bebop
Bebop is an app and an API suite that brings seamless and efficient trading DeFi to everyone. Bebop offers confidence for every trade: best execution, guaranteed pricing, top security, and industry-leading reliability. Bebop is incubated by Wintermute, a powerhouse in the digital asset and DeFi spaces.
For more information about Bebop and its services, users can visit https://bebop.xyz/.