Do you really know how to play Base Shovel Clanker?

By: blockbeats|2024/12/02 17:30:02

In a recent development, the Base Beneficial Effect has been significant. The Rhythm editor has compiled the story of one of its main engines, Clanker, which received official recognition in Northeastern dialect. The following is the original text:

Do you really know how to play Base Shovel Clanker?

Base has two main shovels: Virtual and Clanker.

The former is an AI agent platform that has been around for almost a year. Recently, Base has seen a massive influx. The recent surge of $VIRTUAL exceeded a market cap of over 1.8 billion and has since fallen back to 1.3 billion;

The latter is a post-to-mint AI agent tool on Farcaster, originating from grassroots. Just born 20 days ago, the flagship meme $CLANKER skyrocketed over 140M but has now plummeted significantly to 50M.

Both have given rise to numerous myths of thousandfold riches. For more details, see: "From 0.1 ETH to $840K: How did Smart Money get rich overnight through Base?"

Regarding Virtual, you can refer to Professor @cutepandaweb3's tweet.

Now, let's delve into the study of Clanker:

1. Clanker 101

On Farcaster, you can mention Clanker, state the token name, ticker, and header image to get Clanker listed on Base for free with an initial market value of around $30,000 in the Uniswap pool (the threshold is a high Neynar score on the Farcaster account, making it challenging for newcomers to mint tokens). You can view all deployed tokens on the official website.

Unlike PumpFun, which collects a 1% transaction fee during the bonding curve period and 2 Sols on the Raydium, Clanker does not have a bonding curve; instead, it collects a 1% fee from Uni v3 as revenue: 40% to the minter and 60% to the Clanker team—this revenue split ratio may change, see details in the official documentation.

2. Pumpfun vs Clanker

1. Mechanism:

Clanker = Cast to Pumpfun (Posting behavior on Farcaster is called casting)

2. Revenue:

PumpFun generated approximately $360 million in revenue within 10 months, while Clanker generated approximately $7 million in revenue within 20 days.
Note: Clanker's total market cap is less than $200 million, with a total trading volume of around $750 million, and fewer than 100,000 participants in total transactions.

3. Token Issuance:

PumpFun issued a total of 4 million tokens, with a daily increase of 1%; Clanker issued approximately 5,000 tokens in total, with a daily increase of 10%.

4. Top Tokens:

PumpFun: $Pnut (1.1B), $GOAT (700M), $Chillguys (370M)
Clanker: $CLANKER (50M), $ANON (21M), $LUM (18M)
$CLANKER is the first meme token issued by Clanker and naturally became the flagship token without official empowerment;
$LUM is another token issued by Aether, a bot for Clanker;
$ANON is a token anonymously issued by someone using Anoncast for Clanker.

5. Dune Data:

Clanker Official:

Clanker VS Pumpfun VS other(WOW/Ape.store/Grafun)

Clanker Protocol Revenue

Clanker Top Coin

Three, ANON × Clanker

Anoncast × Clanker = Anonfun

Originally, there was only Anoncast, without Anonfun. Later, the team divided Anoncast's functionality in half: one half was still called Anoncast, allowing everyone to anonymously post, while the other half was called Anonfun, allowing everyone to anonymously post memes.

The grafting of these two created a scenario where real-name PVP in "Socialfi games" regressed back to anonymous PVP in "Gamefi games"—there is no fundamental difference between betting on Anonfun on Base and finding angles on SOL to bet on Pumpfun.

It is important to note: Anonymous = No official status, you can post memes on Anoncast's Twitter verified account with just a borrowed 6wu, making it truly barrier-free.

You can check out the specific rules inthis tweet I wrote.

Currently, the total MC of memes posted through Anonfun is less than 3M, see Anonfun Dune for details.

Four, Team

The team behind Clanker is an anonymous team called proxystudio, and they are currently addressing the issue of BOT front-running.

Next, they have also pledged to add the following to Clanker: exploration functionality, presale functionality, advanced or custom fee allocation tools; the next step is to build the community, brand, operations, content, etc. (which includes both Clanker and any ecosystem projects that require content—creating interaction around Clanker and receiving rewards from projects and creators)

Five, Trading Tools

Everyone can choose mainstream BOTs such as gmgn, pepeboost, etc., or choose mainstream wallets like the OKX Wallet. Currently, the overall development of the base trading tools is not very complete, and the Pixiu often does not understand the detection, so everyone should be careful when trading.

There is also a wallet called Rainbow, which has a partnership with the Clanker official team. It automatically verifies Clanker coins related to a certain market value and transaction volume every 5 minutes. The user interface experience is relatively good, but the security detection function is also not perfect.

Original Source

The era of AI hype has transitioned into an era of utility. As we move through Q2 2026, the market is no longer rewarding "narrative-only" projects. At WEEX Research, we are seeing a massive capital rotation into Decentralized Compute (DePIN) and Autonomous Agent coordination layers. This guide analyzes which AI tokens are capturing institutional liquidity and how to spot high-conviction setups in a maturing market.

Consumer-grade Crypto Global Survey: Users, Revenue, and Track Distribution

The number of active users of consumer-grade encryption has long reached tens of millions, but it is not in the sight of Silicon Valley and New York.

Prediction Markets Under Bias

Why do authoritative narratives always exclude prediction markets?

Stolen: $290 million, Three Parties Refusing to Acknowledge, Who Should Foot the Bill for the KelpDAO Incident Resolution?

The most dangerous scenario right now is that if ETH suddenly drops, Aave's bad debt could snowball even further.

ASTEROID Pumped 10,000x in Three Days, Is Meme Season Back on Ethereum?

「Space Dog」 Triggers ETH Mainnet Price Surge, Sparking SOL Community Anxiety

ChainCatcher Hong Kong Themed Forum Highlights: Decoding the Growth Engine Under the Integration of Crypto Assets and Smart Economy

The guests unanimously agreed that the understanding of Crypto value is shifting from "issuing tokens for the sake of issuing tokens" to pursuing sustainable business models, with a greater focus on capital efficiency, low costs, and 24-hour settlement, among other practical values.

Why can this institution still grow by 150% when the scale of leading crypto VCs has shrunk significantly?

The merger of the two major payment companies, Bridge and BVNK, establishes their industry position and revenue scale.

Anthropic's $1 trillion, compared to DeepSeek's $100 billion

The capital market has no faith, it only believes in the profit and loss statement.

Geopolitical Risk Persists, Is Bitcoin Becoming a Key Barometer?

Liquidity Still Unleashed, Which Force Will Dictate Pricing

Annualized 11.5%, Wall Street Buzzing: Is MicroStrategy's STRC Bitcoin's Savior or Destroyer?

25M Transaction Volume, 17,204 BTC

An Obscure Open Source AI Tool Alerted on Kelp DAO's $292 million Bug 12 Days Ago

AI Agent could potentially become an additional security layer for DeFi investors.

Mixin has launched USTD-margined perpetual contracts, bringing derivative trading into the chat scene.

The privacy-focused crypto wallet Mixin announced today the launch of its U-based perpetual contract (a derivative priced in USDT). Unlike traditional exchanges, Mixin has taken a new approach by "liberating" derivative trading from isolated matching engines and embedding it into the instant messaging environment.

Users can directly open positions within the app with leverage of up to 200x, while sharing positions, discussing strategies, and copy trading within private communities. Trading, social interaction, and asset management are integrated into the same interface.

Simplified Trading Experience: No KYC Required, Opening a Position in Five Steps

Based on its non-custodial architecture, Mixin has eliminated friction from the traditional onboarding process, allowing users to participate in perpetual contract trading without identity verification.

The trading process has been streamlined into five steps:

· Choose the trading asset

· Select long or short

· Input position size and leverage

· Confirm order details

· Confirm and open the position

The interface provides real-time visualization of price, position, and profit and loss (PnL), allowing users to complete trades without switching between multiple modules.

Social-Native Trading: Strategy and Execution Completed in the Same Context

Mixin has directly integrated social features into the derivative trading environment. Users can create private trading communities and interact around real-time positions:

· End-to-end encrypted private groups supporting up to 1024 members

· End-to-end encrypted voice communication

· One-click position sharing

· One-click trade copying

On the execution side, Mixin aggregates liquidity from multiple sources and accesses decentralized protocol and external market liquidity through a unified trading interface.

By combining social interaction with trade execution, Mixin enables users to collaborate, share, and execute trading strategies instantly within the same environment.

Referral Mechanism: Non-institutional users can receive up to 60% fee split

Mixin has also introduced a referral incentive system based on trading behavior:

· Users can join with an invite code

· Up to 60% of trading fees as referral rewards

· Incentive mechanism designed for long-term, sustainable earnings

This model aims to drive user-driven network expansion and organic growth.

Self-Custody Architecture and Built-in Privacy Mechanism

Mixin's derivative transactions are built on top of its existing self-custody wallet infrastructure, with core features including:

· Separation of transaction account and asset storage

· User full control over assets

· Platform does not custody user funds

· Built-in privacy mechanisms to reduce data exposure

The system aims to strike a balance between transaction efficiency, asset security, and privacy protection.

A New Path for On-Chain Derivatives

Against the background of perpetual contracts becoming a mainstream trading tool, Mixin is exploring a different development direction by lowering barriers, enhancing social and privacy attributes.

The platform does not only view transactions as execution actions but positions them as a networked activity: transactions have social attributes, strategies can be shared, and relationships between individuals also become part of the financial system.

Regulatory Background

Mixin's design is based on a user-initiated, user-controlled model. The platform neither custodies assets nor executes transactions on behalf of users.

This model aligns with a statement issued by the U.S. Securities and Exchange Commission (SEC) on April 13, 2026, titled "Staff Statement on Whether Partial User Interface Used in Preparing Cryptocurrency Securities Transactions May Require Broker-Dealer Registration."

The statement indicates that, under the premise where transactions are entirely initiated and controlled by users, non-custodial service providers that offer neutral interfaces may not need to register as broker-dealers or exchanges.

About Mixin

Mixin is a decentralized, self-custodial privacy wallet designed to provide secure and efficient digital asset management services.

Its core capabilities include:

· Aggregation: integrating multi-chain assets and routing between different transaction paths to simplify user operations

· High liquidity access: connecting to various liquidity sources, including decentralized protocols and external markets

· Decentralization: achieving full user control over assets without relying on custodial intermediaries

· Privacy protection: safeguarding assets and data through MPC, CryptoNote, and end-to-end encrypted communication

Mixin has been in operation for over 8 years, supporting over 40 blockchains and more than 10,000 assets, with a global user base exceeding 10 million and an on-chain self-custodied asset scale of over $1 billion.

$600 million stolen in 20 days, ushering in the era of AI hackers in the crypto world

Ethereum's biggest enemy is actually AI hackers

Vitalik's 2026 Hong Kong Web3 Summit Speech: Ethereum's Ultimate Vision as the "World Computer" and Future Roadmap

Ethereum's Two Core Tenets: A "World Computer" + Global Broadcast Channel.

On the same day Aave introduced rsETH, why did Spark decide to exit?

The results of two decision-making philosophies have now been quantified

Morning News | The Hong Kong Securities and Futures Commission announced the regulatory framework for secondary market trading of tokenized investment products; Strategy increased its holdings by 34,164 bitcoins last week; KAIO completed a strategic fi...

Overview of Important Market Events on April 20