What is Bungee Auto
Try it out at new.bungee.exchange.
This is an early release with unaudited contracts. Use at your own risk and only experiment with small amounts. The current transaction limit of 1k USD value is applied.
Overview​
Bungee Auto is powered by Bungee Protocol, a marketplace connecting users and off-chain agents. Users submit requests for swaps while off-chain agents compete to execute these requests efficiently, enabling swaps into any token on any chain in a fully abstracted manner.
Read more about the protocol architecture and see a comparison between Bungee Auto and Bungee Manual in Architecture and Comparison respectively.
Key Features​
-
Just Swap: Simple token swaps across chains with intuitive DEX-like interface.
-
Gasless Experience: No gas tokens needed on source chain, just sign with Permit2.
-
Fast Settlement: Requests execute within seconds with real-time status updates.
-
Best Price Execution: Multiple off-chain agents compete through automated auctions to provide the best rates across all liquidity sources.
-
Execute Post Request Actions: Integrate with Bungee Protocol to execute your own actions on destination chain after swap.
How It Works​
The protocol consists of two main components:
- Offchain Infrastructure: API, quoting engine, and auction house
- Onchain Infrastructure: Smart contracts for execution, fulfillment, and settlement
Read more in Architecture.
Requests flow through the following stages:
- Get a Quote: Protocol analyzes routes and returns pricing
- Create Request: Sign a message with your preferences
- Auction: off-chain agents bid to execute your request
- Extraction: Winner locks your tokens in a contract
- Fulfillment: Performs your action on destination chain
- Settlement: Settles transaction and unlocks payment on source chain
Read more in Request Lifecycle.