- The Bebop platform has unveiled an update to its application and API.
- The updated web-based trading application is available on BNB Chain as well as Ethereum, Arbitrum and Polygon.
Bebop, a platform offering a suite of decentralized trading products, has released a significant update to its API and its application.
Bebop is a decentralized trading platform and set of APIs designed to provide a seamless and efficient DeFi trading experience for everyone.
“Bebop offers certainty in every trade: best execution, guaranteed prices, the highest security and industry-leading reliability,” the platform says.
Bebop Router
The API suite contains the Bebop Router – a unified API provides developers with a single point of access to quotes. Bebop combines two transaction execution mechanisms to ensure the most favorable outcome for each transaction, the developers said.
The first, an advanced Request-for-Quote (RFQ) mechanism, provides access to private liquidity while minimizing gas. The second – the JAM auction system – finds the best execution by utilizing a wide range of onchain liquidity sources, the developers said.
Bebop’s RFQ product has become a leader among similar systems in recent months, according to Flashbots order flow analytics. Launched in December 2023, JAM has acted as a catalyst for Bebop’s expansion into new networks such as BNB, with others coming soon, the project team emphasized.
Bebop’s new web application
“Bebop’s philosophy is to enable users to trade with confidence. Guaranteed pricing, the highest security standards, leading finalization rates and transaction processing speed are associated with this,” said Katya Banina, CEO of the platform.
According to the head of Bebop, it is very important to have key information about each asset for successful transactions. To this end, the platform has launched a token preview function.
The updated functionality of the decentralized trading exchange includes:
- guaranteed rate without negative slippage;
- support for any tokens;
- support for multi-token transactions and transactions of any size;
- token preview.
Expansion to other networks
Both Bebop Router and the updated web-based trading app are available on the BNB Chain, as well as on previously supported blockchains – Ethereum, Arbitrum and Polygon. However, the developers have announced plans for further expansion on both L1 and L2.
More information about Bebop can be found on the website.
