At Bebop, trades are executed using an RFQ (request for quote) on-chain model and JAM solvers model.
​
When your order is executed using an RFQ on-chain model your orders are sent to our professional market makers and settled on the blockchain, allowing us to provide trading with zero slippage and include gas fees in the price you pay.
​
When your order is executed using the JAM solvers model your orders are executed by our solvers who often provide better prices for your trades, compared to market makers. Since solvers rely on onchain liquidity, on those orders "smart slippage" is introduced on Bebop to improve the success rate and offer our users the most favorable price. We offer the most competitive "smart slippage" rates with maximum slippage on Bebop is usually set a 0.2% compared to 0.5%-1% on other platforms.