What is Clipper?
Clipper is the blue-chip DEX.
Clipper is a DEX designed specifically for blue-chip token swaps (e.g., ETH, WBTC, USD stablecoins, etc.), which comprise 70% of all on-chain trading volume. Clipper’s novel architecture incorporates prices formed off-chain for these assets into a sophisticated formula and validates them on-chain. This removes the need for arbitrageurs and ensures lower gas fees for traders. On Clipper, traders can expect no whales or bots front-running their trades, and liquidity providers take home superior yields with no impermanent loss. Clipper was initially developed by Shipyard Software and licensed to AdmiralDAO.
Note that previously, Clipper focused only on smaller trades. Recent architectural improvements now allow it to provide best prices for all trades with sufficient TVL.
Clipper is currently available on the following chains:
- Mantle Network
⛵️ Fun Fact: Clipper is named for the mid-19th-century merchant vessels that revolutionized global trade. Clipper ships were designed for speed, partially by trading off cargo capacity, and made their owners millions of dollars.