{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Indexed Podcast","title":"Why Ethereum PropAMMs Aren’t Actually AMMs","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/6e3aa5d9\"></iframe>","width":"100%","height":180,"duration":3839,"description":"Today we're joined by Katia Banina, CEO of Bebop, 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!  — 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 —Content links:https://pamm.wtf/ https://docs.titanbuilder.xyz/propammshttps://x.com/bebop_dex/status/2049867261662347594?s=20—Follow the guest:https://x.com/katiabaninaFollow the co-hosts:https://x.com/hildobby https://x.com/0xBoxer https://x.com/sui414Follow the Indexed Podcast:https://x.com/indexed_pod — The Indexed Podcast discusses hot topics, trendy metrics and chart crimes in the crypto industry, with a new episode every 1st and 3rd Thursday of the month, brought to you by wizards @hildobby @0xBoxer @sui414.Subscribe/follow the show and leave a comment to help us grow the show! —DISCLAIMER: All information presented here should not be relied upon as legal, financial, investment, tax or even life advice. The views expressed in the podcast are not representative of hosts' employers views. We are acting independently of our respective professional roles.","thumbnail_url":"https://img.transistorcdn.com/IM1tBn8uHFRf1EX50ZrfGhDlw_1FFNNQLXKzAVO7J9A/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8yZWI5/OGU3Y2UyZTBmYmUz/ZDM0MTA1MmNmZWEy/MDFlZi5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}