Clipper - Logo


Exchanges (DEX)
164d ago
237d ago
4 chains

7d price-12.6%

30d price+25.9%

90d price-32.8%

180d price-34.3%

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What is Clipper?

Clipper is a non-custodial exchange protocol built on Ethereum. Clipper was built by Shipyard Software and launched in 2021.

How does Clipper work?

Liquidity providers deposit funds into Clipper and receive returns generated by Clipper’s costless diversified rebalancing liquidity pools (supply-side fees). LP yields are generated from the rebalancing process itself rather than from fees charged to traders.

Who governs Clipper?

AdmiralDAO and SAIL token holders own and govern the protocol. They currently receive all trading fees paid by traders (revenue). Clipper's investors include Polychain, Robot Ventures, 0x Labs, etc.
RevenueClipper's share of trading fees$50 Connects liquidity providers and tradersSupply-side feesLiquidity providers' share of trading fees$50Liquidity providersFeesTrading fees$100Traders
The values in this graphic are examples and do not reflect actual values. Treat them as approximations.