clanker

Base Security Committee member Toady Hawk announced on November 3rd via X that he has accepted the position of CEO at the token issuance platform Clanker, responsible for driving the platform's restart. He stated that Clanker is now managed by Mask Network, which is also the manager of Firefly and Lens Protocol, and has collaborated with the engineering team to promote the restart, with more arrangements to be announced later.Toady Hawk recalled that Clanker was born about two years ago on Farcaster, where users could post on the timeline and tag the platform to issue tokens. The platform later expanded to X and once became the highest trading volume token issuance platform on Base, with related communities including BNKR, DRB, and FAIR. He mentioned that the platform subsequently experienced changes due to early founder controversies, being sold to Farcaster, and the handover to Neynar, which affected it multiple times over the past 18 months. He also stated that he has been working independently since he was 17 and prefers to manage projects he personally founded, but has accepted this position.His listed priorities after taking office include: updating the brand while retaining its original features, improving external communication, and collaborating with the engineering team to align functionalities with current mainstream issuance platforms, covering stock trading pairs, new chain support, and an unnamed first-day support feature. Other matters include rebuilding trust between builders and the trading community, supporting early communities still under construction, and bringing new issuance activities back to the information flow. He also stated that he will assist in planning projects for issuing meme tokens, stock trading pairs, or application tokens, and collaborate with developers who wish to continue building based on the Clanker protocol. The official Clanker account responded on the same day, stating that the restart is in progress.

According to GMGN data, CLANKER has risen above 31 dollars, currently reported at 31.14 dollars, with an intraday increase of over 30%.

With the market warming up, the trading activity in the Base ecosystem has seen a rebound, with several tokens experiencing a temporary increase of over 10% within a day. Among the tokens with higher market capitalization: REI: market cap currently reported at $21.1 million, with a 24-hour increase of 12%; CLANKER: market cap currently reported at $28.3 million, with a 24-hour increase of 9%; BRETT: market cap currently reported at $74 million, with a 24-hour increase of 8%; ELSA: market cap currently reported at $69.3 million, with a 24-hour increase of 7.5%.

Clanker announced the launch of the Clanker Ecosystem Fund (CEF). The mission of CEF is to allocate protocol fees to creators and communities that make positive contributions to the Clanker and Farcaster ecosystems.Clanker stated that currently, $8 million has been used to purchase 14% of CLANKER tokens, but it has not yet proven its efficiency in using funds. In the coming weeks, protocol fees will be returned to the ecosystem and used to fund the ongoing construction of Clanker infrastructure.According to RootData, Clanker is an AI-driven "Token Bot" designed for rapid DIY token deployment. Users only need to tag Clanker on Farcaster clients like Warpcast or Supercast, tell it the token concept, and it will launch the token for users on Base. In October 2025, Clanker was acquired by Farcaster.

Co-founder of Neynar, Rishav Mukherji, published a post outlining the vision for Farcaster: Neynar will maintain the Farcaster protocol, run the Farcaster client, and be responsible for the operations of Clanker. Some members of the Clanker team will join Neynar. Neynar has always been an important infrastructure provider for the Farcaster ecosystem, and this integration is a natural evolution after years of deep involvement in the community.The vision is to enable builders to move from ideas to sustainable income, creating a "builder-first" network. The core value of Farcaster lies in the long-established community of builders, a group that has driven key innovations such as Frames, Degen, and Warpcast. The value of Farcaster is not only in the products but also in those who experiment, share knowledge, and build openly. Neynar's acquisition of Farcaster has a core mission to make software building simpler.At the product level, there will be no major adjustments to Farcaster, Neynar, or Clanker, and rumors about the protocol or client being discontinued are not true. The Neynar developer platform will continue to exist, and financial and transaction-related functions will remain unchanged. The next phase will involve assessing product priorities, gradually advancing the roadmap while maintaining the openness of the network. As the barriers to software building continue to decrease, combined with crypto-native financial tracks and open distribution mechanisms, Farcaster is expected to become an important starting point for creators and developers to experiment, collaborate, and scale.

The former co-founder of Scalar Capital, Linda Xie, who has joined the Farcaster team, announced on the X platform that the token issuance platform Clanker is currently exploring the next generation of token pre-sale solutions, Clanker Auctions. This pre-sale solution is expected to be designed based on the Uniswap CCA auction protocol and will add contracts related to liquidity, vesting, and more.It is reported that earlier this month, Clanker platform's first new token offering was targeted, and the community expressed that this pre-sale was a "disaster," as the pre-sale contract had an old version hard cap of only 20 ETH, with a certain whale acquiring 16 ETH (80%) of the share. Additionally, the lack of restrictions on the participation limit for individual wallets was also a major reason for the oligopoly in the pre-sale shares.

Farcaster founder Dan Romero announced that the first Clanker presale will take place this week.Start time: Thursday at 9:30 AM Pacific Time (1:30 AM Beijing Time on Friday)Presale period: 7 days; all users participating in the presale will enjoy the same conditionsTrading launch: Clanker will officially go live for trading 24 hours after the presale endsThe project and team will be introduced through multiple channels, and the presale operation will be continuously optimized in the future.

According to market data, possibly influenced by the news that "Binance will launch CLANKERUSDT perpetual contracts," CLANKER briefly rose over 17%, with a market capitalization exceeding 70 million USD.

According to the official announcement, Binance Futures will launch the following perpetual contracts: November 12, 2025, 12:00 (UTC): CLANKERUSDT perpetual contract, with a maximum leverage of 50x; November 12, 2025, 12:15 (UTC): BEATUSDT perpetual contract, with a maximum leverage of 40x. CLANKER and BEAT have been launched on the Binance Alpha market.

The Binance contract platform will launch the CLANKERUSDT perpetual contract on November 12, 2025, at 20:00, with a maximum leverage of up to 50 times; at the same time, the BEATUSDT perpetual contract will be launched at 20:15, with a maximum leverage of up to 40 times. Users can pay attention to subsequent announcements for more contract information.

Decentralized social protocol Farcaster co-founder Dan Romero stated that the Farcaster wallet and its meme coin issuance platform Clanker will support the Monad network on the same day as the Monad mainnet launch.

According to the official announcement, Clanker will permanently return the control of fees collected in Clanker tokens back to the creators. Creators can choose to receive or burn these fees, providing more flexibility for their communities to promote development. This change will take effect on November 13, 2025, aiming to better align with Clanker's most successful projects.Additionally, the officials stated that they currently hold over 1% of the CLANKER supply. Today, they purchased a total of 2,233 CLANKER, of which 1,644 CLANKER cost $133,047, using two-thirds of the Clanker protocol fees; the remaining 589 CLANKER were obtained through liquidity fees. Now, they hold a total of 10,349 CLANKER.

ChainCatcher news, according to the official announcement, Bitget has launched U-denominated COMMON, ON, and CLANKER perpetual contracts, with maximum leverage of 50, 50, and 20 times respectively. The contract trading BOT will also be opened simultaneously.In addition, you can participate in CandyBomb, completing specific contract trading volume tasks to unlock airdrop rewards, with a maximum of 5,555 COMMON per person, and a total prize pool of 1,111,111 COMMON. The event will end on November 3 at 21:00 (UTC+8).

ChainCatcher message, Farcaster posted on the X platform stating that the Clanker project team has used two-thirds of the protocol fees generated in the past day to repurchase approximately $65,000 worth of CLANKER tokens. The remaining one-third of the fees will be reserved in USDC for tax purposes.The official statement indicates that the current repurchase process is manual, with no fixed execution time in the initial phase, and will be announced immediately upon completion. This process is planned to be automated in the coming weeks.

ChainCatcher news, CLANKER continued to rise early this morning, once breaking through 89 USD, currently quoted at 78.9 USD, with a 24-hour increase of 94.7%, and a market capitalization reported at 79 million USD, with a 24-hour trading volume reaching 17.6 million USD.

ChainCatcher news, according to GMGN market data, CLANKER's market capitalization has surpassed 36 million USD, currently reported at 36.62 million USD, with a 24-hour increase of 48.7%. Previously reported, CLANKER will join the Farcaster ecosystem, and the protocol fees will be used to buy back CLANKER tokens.

ChainCatcher news, CLANKER surged nearly 80% this morning, with a market cap currently reported at 37.3 million USD, and a 24-hour increase of 22.34%. Previously reported, Rainbow announced its intention to acquire Clanker, promising to allocate 4% of the total RNBW supply to CLANKER holders. Clanker responded by stating that it has clearly rejected Rainbow's potential acquisition proposal.

ChainCatcher news, the Rainbow Foundation has proposed to acquire the Clanker protocol and announced the token distribution plan: SCLANKER holders will receive 4% of the total supply of the new Rainbow token SRNBW (approximately 20% of the TGE circulation); all assets in the Clanker treasury will be airdropped to SCLANKER holders; LP fees generated by the Clanker protocol will be permanently allocated to SCLANKER holders.Rainbow promises to incorporate Clanker into its product ecosystem and provide SRNBW rewards for related transactions. Clanker responded that it informed Rainbow last week of its refusal to accept the acquisition, and there are differences in communication between the two parties.Clanker officially announced today that it has rejected Rainbow's acquisition proposal.

ChainCatcher message, Base network launcher Clanker team member Jack Dishman stated that they have become aware of the misconduct information regarding proxystudio (@proxystudio.eth) during previous work, and the Clanker team has decided to part ways with them; Clanker's operations and assets are not affected by this situation and are implementing an immediate transition plan, with multi-signature owners updated.Clanker was co-launched by Jack Dishman and proxystudio. Aerodrome founder Alex Cutler recently recognized proxystudio as Gabagool during the FarCon offline event, and Gabagool had stolen approximately $350,000 of team funds during their time at Velodrome, although they later returned it under pressure.