Clipper is a DEX designed specifically for blue-chip token swaps (e.g., ETH, WBTC, USD stablecoins, etc.). Clipper’s novel architecture incorporates prices formed off-chain into a sophisticated formula and validates them on-chain. This removes the need for arbitrageurs and ensures lower gas fees for traders. Clipper was also built to optimize Liquidity Provider (LP) profit. By only executing trades that are profitable for LPs, Clipper delivers sustainable returns with no impermanent loss.