On Sunday, December 1st, an attacker(s) exploited a vulnerability in a smart contract used by Clipper and manipulated the single-asset deposit and withdrawal feature. This manipulation affected the liquidity pools for the Optimism and Base networks and caused a pool imbalance that allowed the attacker to withdraw more assets

Statement on Clipper Security Incident, originally published on x.com on Dec 1, 2024 This morning at 4am UTC Clipper’s pools on Optimism and Base were exploited for ~$450,000, roughly 6% of Clipper’s TVL. The attacker attempted to exploit other chains but was unable to do so.

Ahoy! Clipper is the recipient of a large Arbitrum LTIPP grant! The Clipper community will receive 174,308 ARB tokens from the Arbitrum Foundation. This is designed to incentivize new and existing liquidity providers. With the support of Fuul, a leading Web3/Crypto affiliate program company, we’re launching a

Clipper is thrilled to announce a significant update for fxSAIL token holders on the Polygon network! Starting today, you can deposit your fxSAIL tokens into a vote escrow (ve) contract called veFXSAIL. This new development is designed to enhance the value and utility of your fxSAIL tokens, giving you more

🎉 Big News from Clipper! 🚀 Following a DAO proposal, the Clipper team are thrilled to announce a major update to the mainnet core pool. Clipper’s Ethereum pool is now composed exclusively of ETH and stablecoins! The AdmiralDAO community chose to make the move to ETH and stablecoins to enhance pool

Clipper has expanded to Base with an ETH <> Stables core pool designed to facilitate faster, cheaper transactions of DeFi's most traded assets. What is Base?  Base is an Ethereum Layer-2 that was developed by Coinbase and built in collaboration with Optimism, using the OP Stack. The

A Leap Forward for LPs Clipper is designed to provide LPs the highest returns possible on a portfolio of crypto blue chip assets. Part of that mission includes continual, incremental improvements to meet the needs and expectations of Clipper’s community of users. Following a comprehensive study conducted by Shipyard

SAIL is the heart of the AdmiralDAO ecosystem, powering Clipper and charting a course to freer and fairer global markets. Thanks to early governance  proposals, Clipper LPs and SAIL token holders now have the opportunity to maximize their SAIL holdings through a combination of farming and staking, all while benefiting

The Clipper team conducted a comprehensive quote comparison study to objectively assess the performance of Clipper and comparison to 0x, a software provider that aggregates and compares prices for crypto swaps. The study was designed to provide an empirical analysis of Clipper’s price performance in real-world trading scenarios. The

Introducing Clipper's Referral Program on Fuul.xyz ClipperDEX is partnering with Fuul to deliver a token-denominated referral program built for DeFi. This program is designed to reward loyal pirates for spreading the word about ClipperDEX, and it comes with some exciting perks that will leave you swimming in

Following a nearly unanimous governance vote, Clipper has expanded to Mantle Network! Mantle Network is an Ethereum Layer-2 solution incubated, governed, and run by the Mantle community. Mantle Network has a modular architecture that combines an optimistic rollup (similar to Optimism and Arbitrum) with an innovative data availability solution. This

DeFi moves fast. In the two years since it launched, Clipper has undergone significant growth - and multiple iterations - to find its fit as the best DEX for everyday traders. When we first launched we optimized the platform for trades under $10k. As the product evolved we realized we

DeFi Is Falling Short Fair and free markets create shared prosperity, and prosperity empowers people around the world to advocate successfully for their own political and human rights. The promise of Decentralized Finance (DeFi) is that it enables open, global exchange, providing access to the transformative power of markets even

Clipper is the DEX for blue-chip swaps. Today, blue-chip tokens (namely ETH, WBTC, and popular USD stablecoins) comprise 70% of all DEX trading volume. Clipper already provides best prices for retail traders and with more liquidity can now also provide best prices on larger trades. At $50M of liquidity, Clipper

Since launching in 2021, Clipper has blown past milestone after milestone. It has evolved from the best DEX for Retail Traders™ to the best DEX for all Bluechip Swaps. It has helped more than 200,000 traders complete nearly 2 million transactions. It’s done so by deploying LP capital

What are Protocol Fees? Clipper generates Protocol Fees (“PFs”) for AdmiralDAO, which are published by Token Terminal and are also publicly auditable on-chain. To understand how Clipper does so, visit the docs here. Currently, PFs grow protocol-owned liquidity (POL). However, they could be used to grow the DAO Treasury (e.

Caveat: Nothing in this post is financial or investment advice. The authors aren’t qualified to offer that! DYOR. Many in crypto have earned strong returns from HODLing BTC and ETH. Increasingly, people are staking ETH (through platforms like LIDO) to generate some additional return. The thing is, at this

Empowered by their communities, DAO treasuries are exploring innovative ways to optimize returns while emphasizing their values. Clipper, part of AdmiralDAO’s ecosystem of DeFi projects, strongly advocates for sensible DAO treasury management through the tried-and-true tactic of a rebalancing portfolio. Put simply, an automatically rebalanced portfolio with zero transaction

This post discusses regulations in the U.S. that could pertain to Clipper and AdmiralDAO.

A rebalancing portfolio can dramatically outperform HODLing a static portfolio of assets as well as staking ETH as a validator.