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value of the deposit | The trading fees you receive as LP will be added to the total value of your deposit and can be withdrawn at the same time as your original stake.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 In addition, the trading fees you receive as LP will appear at the total value of your deposit and may be withdrawn at the same time as your initial stake.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 operated by AdmiralDAO, which oversees all Shipyard Software decentralized exchanges and DeFi products on behalf of the community. This DAO consists of a multi-sig wallet with multiple subscribers, including founding members. Over time, the developers intend to hand over control to the wider Clipper and Shipyard communities. Clipper implements the PLP API from 0x, allowing developers to integrate Clipper easily into their own DeFi applications. Developers are encouraged to refer to the ClipperRouter contract to see an example of interacting with Clipper, and join Discord for help.