Bebop unveils JAM: Intent-Based Liquidity Aggregation System

Today, we are thrilled to announce the release of Bebop JAM — our new Just-in-time Aggregation Model that opens up a world of possibilities for token trading.

Bebop JAM extends our liquidity aggregation mechanisms to access the deepest liquidity and find you the best prices across on-chain sources for any token and any trade size.

Our new Just-in-Time Aggregation Model (or JAM) is an inclusive auction system for independent algorithms (Solvers) to compete for each user order. Users submit their intent to trade by providing a signature with key trade parameters, such as the minimum amount of tokens to receive. JAM polls the solvers for the best execution outcome, taking into account two key parameters — the route that provides the highest amount of tokens received and the execution cost (i.e. network, or gas fees) involved. Bebop’s own solver delivers execution via smart order routing to professional market makers participates in these auctions as well and provides competitive pricing at superior execution cost, which is a hallmark of settling trades using private liquidity.

Stay tuned for more details on how JAM works in a dedicated article.

RFQ and JAM: The best of both worlds

The new JAM system does not replace our RFQ, it compliments it! Joining forces, they bring the trade outcome for any trade:

• Any token and any number of tokens
• Any size
• Best prices found via sophisticated routes
• Efficient cost of execution
• Guaranteed prices or even trade surplus

Both API suits are available for our partners. Our user interface at bebop.xyz/trade automatically selects the best way to place the trade via one of the respective systems.

JAM APIs are available today

A new suite of Bebop JAM APIs is now publicly available! Bring Bebop trading experience into your app with our versatile offering, seamless developer experience, and flexible options for your revenue streams. Get creative and create advanced workflows for your app via hooks.

Want to learn more about our API? Contact us on our website or check out our API docs to explore integrations today.

A new web app for Bebop JAM

With such a great model powering our execution, we wanted to build a new user interface that matched the capabilities and made Bebop JAM easy to use! As we launch the power behind Bebop JAM, we are releasing a closed beta of our new app to come along for the experience.

In a world where you can trade any token, focus quickly and efficiently with our upgraded Bebop user interface. Here’s a glimpse of what our beta has in store:

• A design overhaul that aims to provide users with a more intuitive, visually appealing, and efficient interface. We’ve reduced clicks to make it possible to add tokens to your trade, without even using your mouse.
• Users can now enjoy an enhanced search experience by looking up tokens using their contract addresses, ensuring efficient access to key information.
• Easily see key token insights such as % change in price, empowering our users with the information needed to make informed trading decisions.
• With Bebop JAM, users may now experience trade surpluses, receiving more value than the initially quoted price.
• Improved multiple token trading experience — Now, you can not only manually adjust the sliders in a 12M, but you can type in the exact percentage that you would like to receive.
• And there’s so much more to come!

We’ll continue to improve the beta interface over the coming weeks as we push further planned features and get feedback from our community.

Accessing the Bebop Beta

Access to our newly designed interface will be rolled out over the coming weeks. To secure your spot on our waitlist, simply navigate to beta.bebop.xyz, connect your wallet, and hang tight. You will see a banner at bebop.xyz notifying you that your wallet has been whitelisted once you have been moved from the waitlist.

Once whitelisted, you’ll be able to trade on our beta platform just as you would on our normal website. We encourage you to explore the new features we are testing and provide us with feedback on your experience.

Let’s Jam!

Bebop JAM is more than a feature; it’s a leap into the future of token trading. With any token coverage, better prices, and deeper liquidity, we’re confident that JAM will elevate your trading experience. Join us on this exciting journey as we continue to push the boundaries of what’s possible in the world of decentralized finance.

Stay tuned for announcements and surprises on Twitter and join our Discord to stay connected with the community.