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What is Bebop
Bebop is a trading platform that utilizes private market makers and an RFQ on-chain model to enable more efficient trading at DeFi.
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Bebop

Steps:
  1. Visit the Bebop website.
  2. Connect your Ethereum, Arbitrum, Binance Smart Chain or Polygon wallet.
  3. Now, make trades on the platform.
  4. Try to trade on all networks.
  5. Also, try to claim Bebop NFT badges on Noox.
  6. Bebop doesn’t have an own token yet but could launch one in the future. Early users who’ve traded on the platform may get an airdrop if they launch an own token.

What is Bebop?


Bebop is a trading platform that utilizes private market makers and an RFQ on-chain model to enable more efficient trading at DeFi. Many of the key differences in the way Bebop works are due to the fact that the team utilizes an RFQ on-chain model. RFQ is not something unique to cryptocurrencies. In fact, RFQ is quite common in traditional financial markets.


RFQ is a type of quote-based trading, an acronym that stands for "request for quote." In an RFQ, a buyer or seller requests quotes from one or more sources to find the best price for a particular good or service. The buyer or seller can then decide to purchase the asset from the seller who offers the best price. This can be an over-the-counter transaction in which the buyer or seller interacts with the market maker directly, or it can be a transaction conducted on a formal exchange that manages the RFQ process for both parties.


With the development of blockchain technology, RFQs can be conducted directly on the blockchain. This allows RFQs to be submitted and negotiated on the blockchain rather than on a centralized platform or exchange. This is exactly what the Bebop does.



What about Investors?


The project has a lead investor Wintermute and has raised $23.8 million from Pantera Capital and L1 Digital. Who didn't know Wintermute is the largest market maker in crypto.


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