Clipper DEX — a decentralized exchange, built for do-it-yourself traders, not hedge funds and whales. Clipper has appeared to have the lowest transaction costs for small to medium sized transactions with the most popular crypto assets. This is achieved through a new architecture and a number of design trade-offs that sacrifice price competitiveness in large deals for better prices.
About the Clipper DEX project
Clipper has been designed to give traders the best prices anywhere (including commission, slippage and gas) for their small trades (under $10,000) on the pairs they trade the most. To counter the detrimental effects of over-providing liquidity on retail traders, Clipper has a smaller capped liquidity pool and lower fees. The smaller pool means the Clipper has more slippage, but the lower fees more than offset the increased slippage for smaller trades. On the other hand, in large trades, slippage outweighs the commission reduction.
Other features:
| Fees are connected to the value of the deposit | The trading fees you receive as LP will be added to the total value of your deposit and can be withdrawn at the same time as your original stake. |
| Collect commission from every transaction | Since Clipper uses one pool with multiple assets per network, LPs charge a fee on every transaction, made on the network, regardless of what asset you originally deposited. |
By limiting the size of each deposit, Clipper DEX can ensure that the pool does not exceed the ideal size for just a few large LPs. Whitelisted LPs can see their Clipper deposit limit by connecting their wallets.
LPs can view their lockup period by connecting their wallet to Clipper and viewing the pool. In addition, the trading fees you receive as LP will appear at the total value of your deposit and may be withdrawn at the same time as your initial stake.
More about defi app
Clipper is implemented by using the RFQ architecture on other chains that have faster block times than the Ethereum Mainnet. In the RFQ architecture, you ask our off-chain server to provide a price for the transaction, specifying the buy and sell tokens, as well as the target deposit or withdrawal amount. You will have some time to accept this offer and get the signed certificate back from our standalone server. You must pass this transaction and the signed certificate to our smart contracts on the network to complete the exchange. Similar to the mainnet implementation of Clipper, this framework implements the send-then-swap modality and is designed to simplify the chain as much as possible over a larger set of transactions.
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