Clipper is a specialized decentralized exchange (DEX) built by Shipyard Software. It offers low transaction costs for trades under $50k and protects traders from being front-run by large traders (whales) and bots. Clipper is available on several blockchain networks like Ethereum, Polygon, Optimism, and Arbitrum.
What is Clipper Exchange
Here's how it works:
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Low Transaction Costs: Clipper's main appeal is its low transaction fees for smaller trades, making it ideal for regular traders.
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Protection Against Front Running: The platform is designed to prevent large traders and bots from unfairly manipulating prices (front running).
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Key Innovations:
- Core Pools: Focused on stable or similar-value assets, these pools offer low slippage, meaning less price change when trading. This is great for trading stable assets efficiently.
- Coves: These are customizable pools for non-stable assets. Liquidity providers can set their preferred price ranges, giving them more control and potentially higher returns.
- Efficient Liquidity: Concentrated liquidity allows liquidity providers to target their funds within specific price ranges, leading to better use of capital.
- Returns for Liquidity Providers: They earn from trading fees and incentives, with the platform's design ensuring maximized returns.
In summary, Clipper provides a user-friendly and cost-effective platform for both traders and liquidity providers, supporting various asset types and trading preferences. It's especially advantageous for smaller traders and those looking to provide liquidity efficiently.
Team of Clipper Exchange
Mark Lurie
CEO + Operation
Mark Lurie is the CEO & Co-Founder of Shipyard Software. He is a serial entrepreneur and investor who previously founded two venture-backed startups. He has experience in the web3 world ( Codex Protocol, GMO-Z.com, MIDAO) as well as in the venture world (FJ Labs.)
Temo Ramirez
CTO
Temo is Shipyard Software CTO. He has experience as a developer in the web2 world as Software Architect, Software engineer, Full Stack developer. Previously, he was a Technology Consultant and worked on web3 project.
Clipper Exchange review
Pros
Small Trader Focus
Protects small traders from front running by bots and whales.
Reduced Loss Risk
Minimizes impermanent loss for liquidity providers.
Low Fees
Offers minimal transaction costs for small-to-medium trades.
Cons
Contract Vulnerability
Faces risks from potential flaws in smart contract code in DeFi.