> For the complete documentation index, see [llms.txt](https://docs.clipper.exchange/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.clipper.exchange/introduction/why-clipper-has-better-trading-prices.md).

# Why Clipper Has Better Trading Prices

**Because Clipper generates more efficient returns for LPs, it can afford to offer better prices to traders.**&#x20;

With \~$10M in liquidity (TVL), Clipper has best prices trades up to $10k. As TVL grows, Clipper will have best prices on larger trades--e.g., $50M TVL would correspond to best prices on trades up to $50k.&#x20;

Below are the results of a [sampling study](https://blog.clipper.exchange/clipper-vs-0x-price-study/) against 0x API for a $10K USDC<>ETH trade over several days in August 2023. [The results](https://docs.google.com/presentation/d/1QLYkVzOBrMvy8axKhID_ag0IVEaARIfN/edit#slide=id.p6) show Clipper beat 0x 92.5% of the time on both legs of the trade and 99.6% of the time on at least one leg.&#x20;

<figure><img src="/files/IjdoS7fw5d8eETe6Illy" alt="" width="563"><figcaption></figcaption></figure>


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