BaiBai launches as first PropAMM aggregator on Base, promising to pay double if you find a better price

A new decentralized exchange just went live on Base with the kind of guarantee you normally hear from mattress salesmen: find a better price elsewhere, and they’ll refund you double the difference. BaiBai, billing itself as the first PropAMM aggregator on the network, is betting that professional market maker liquidity piped directly on-chain can consistently beat the competition. The platform combines what it calls a PropAMM, short for proprietary automated market maker, with aggregation across other DEXs and aggregators. The result is a trading venue that sources liquidity from its own professional market makers while simultaneously routing through external sources to find the optimal execution for each trade. How PropAMM differs from standard AMMs BaiBai’s approach pulls real-time price updates and dynamic liquidity depth from professional market makers. The prices adjust continuously rather than waiting for arbitrageurs to correct them, which in theory means tighter spreads and less slippage for traders. The platform then layers aggregation on top of this. When a user submits a trade, BaiBai checks whether its own PropAMM liquidity offers the best execution or whether routing t...