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๐ Smart DEX Without Losses ๐ข Clipper ๐ข Funding Raised: TBD, Jan 2025 ๐ Total Funding: $21M ๐ ๏ธ Project Overview Clipper is a decentralized exchange (DEX) that eliminates impermanent loss for LPs. Unlike Uniswapโs x * y = kmodel, Clipper uses Formula Market Maker (FMM) to update prices after the first trade. Traditional DEXs let arbitrageurs drain liquidity, reducing LP profits. Clipper dynamically adjusts prices using Binance, Coinbase, and Chainlink Oracles, ensuring fair market prices without hidden spreads or fees. This keeps prices close to the market, allowing limited arbitrage while ensuring LPs retain most profits. The higher the TVL, the more efficient the mechanism becomes. ๐ Website: http://clipper.exchange