BaiBai is a PropAMM exchange, a new type of decentralized exchange where professional market makers continuously update prices and liquidity in real time. Unlike traditional AMMs, BaiBai is designed to deliver better prices through active liquidity.
Yes. BaiBai routes trades across multiple liquidity sources, including PropAMMs and other supported liquidity venues, ensuring users receive the best available execution.
BaiBai is powered by Pylon, the execution infrastructure built by Spire Labs. Pylon enables real-time price updates and custom sequencing, allowing market makers to quote tighter spreads while managing risk more efficiently.
Is a PropAMM always better than a traditional AMM?
Traditional AMMs remain an important source of liquidity, especially for long-tail assets. However, for highly traded assets, PropAMMs can typically provide tighter spreads, deeper liquidity, and better prices.
BaiBai accepts plain-language trading commands such as “Swap 100 USDC to ETH.” It interprets your intent, finds the best execution route, and prepares the transaction automatically.
No. BaiBai is built on an appchain with synchronous composability, allowing users and applications to interact using their existing assets on the underlying chain without bridging.
BaiBai currently supports Base. We plan to expand to additional EVM networks, including Ethereum. However, our immediate focus is on becoming the best execution venue for trading on Base.
Can anyone become a market maker or liquidity provider?
Yes. If you’re interested in becoming a market maker on BaiBai, we’d love to hear from you.In addition, liquidity providers can deploy capital into PropAMMs to earn a share of the generated yield.Contact us at hello@spire.dev.
