Bebop utilizes a blend of Request-for-Quote (RFQ) model and solvers auction model (JAM) to provide the best price for your trades.
0% slippage trades are delivered by our professional market makers via RFQ system, this means that the price quoted in the trading platform is the price that they will execute at.
However, JAM solvers often provide the best price for your trades, as compared to professional market makers. Smart Slippage, which is usually set with 0.2% slippage is implemented for JAM trades to improve success rates of the trades, especially for volatile tokens.
Since JAM solvers rely on on-chain liquidity and pricing, trades might not proceed if prices move slightly against traders. Therefore, a tiny amount of slippage is implemented for JAM trades to highly improve the success rates of trades.
Our Smart Slippage automatically adjusts slippage based on the tokens you trade and is often smaller than other platforms that is usually set between 0.5% - 1%.