Bebop
@bebop_dex
Seamless and efficient crypto trading for everyone. Web3 trading app and API that finds the best route for all your trades. 😎
Joined May 2022
15 Following 60.5K Followers
DeFi doesn't have to reinvent everything.
Global finance spent centuries building market structure that works. Our job is to take the best of it and bring it onchain.
Our CEO sits down with the hosts of @indexed_pod to talk Request for Stream (RFS), toxic flow, execution quality and more ⬇️
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🚨NEW EPISODE: Why Ethereum PropAMMs Aren’t Actually AMMs🚨
Today we're joined by @katiabanina, CEO of @bebop_dex, to unpack one of the most misunderstood emerging trading primitives in DeFi: PropAMMs.
We discuss:
- What Bebop does and its evolution
- Why PropAMMs aren’t actually AMMs
- RFQs vs streaming quotes
- The concept of Request for Stream (RFS)
- How PropAMMs work on Ethereum
- Market maker incentives and quote signing
- Toxic flow and execution quality
- Block builders and sidecar quote streams
- Ethereum vs Solana PropAMM designs
- Oracle updates and onchain execution
- RFQ vs PropAMM tradeoffs
- Adoption across aggregators
- The future of onchain market structure
- And much more—enjoy!
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Timestamps:
(00:00) Introduction
(01:35) What is Bebop?
(02:25) Bebop’s evolution
(07:41) Why PropAMMs aren’t AMMs
(10:20) RFQs vs streaming quotes
(12:35) Request for Stream explained
(26:39) Ethereum vs Solana designs
(32:05) Signed quotes and incentives
(39:11) Block builders and sidecars
(47:06) RFQ vs PropAMM execution
(55:03) Oracle-traded markets
(56:24) Adoption and market share
(1:02:15) Future of onchain trading
(1:03:16) Outro
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