> For the complete documentation index, see [llms.txt](https://docs.clone.so/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.clone.so/clone-mainnet-guide/clone-liquidity-or-for-lps/wrapping.md). # Wrapping Wrapping on Clone Protocol offers a unique way to exchange bridged assets, specifically assets bridged to Solana through deBridge, for clAssets, opening doors to potential arbitrage opportunities. For advanced users looking to optimize their trading strategies, our "Wrapper" provides a valuable tool. ## How to Use Wrapping to Arbitrage When the price of a clAsset surpasses that of the original token it represents, it creates a potential arbitrage opportunity. Here's an example of how you can use wrapping to take advantage of an arbitrage opportunity when the price of clARB exceed the price of ARB: 1. **Purchase ARB Natively:** To initiate an arbitrage trade, begin by acquiring ARB tokens directly on their native blockchain at their current market price. It's important to note that this price should be sufficiently lower than the current price of clARB, signaling an arbitrage opportunity. 2. **Use dePort**: The next step is to utilize [dePort](https://app.debridge.finance/deport), a tool that facilitates the seamless transfer of your ARB tokens to the Solana blockchain, converting them into deARB. 3. **Swap deARB for clARB**: Once you have acquired deARB tokens on Solana, visit the "Wrapper" tab on Clone Liquidity to swap your deARB tokens 1:1 for clARB tokens. 4. **Sell clARB**: With your clARB tokens in hand, you can now sell them into the Clone pool. If you have done everything correctly, you should receive more USDC than you started with! **NOTE: Not all cloned assets are backed by bridged assets from dePort, clSUI is partially backed by wormhole SUI. This information can be found in the the** [**clAsset**](/clone-mainnet-guide/classets.md) **section of our docs.** By following these steps and taking into account fees and price discrepancies, advanced users can engage in arbitrage trading, contributing to the maintenance of clAsset price pegs. For more information on the hybrid collateral model, please refer to our dedicated section [here](/system-architecture/hybrid-collateral-model.md). ## How to Use the 1M Wrapper Certain assets, such as cl1MPEPE, require a 1M wrap due to their relatively low price. This is essential to overcome Solana's size limitations and ensure sufficient liquidity for long-term support. By creating a 1M version of the token, we can bridge 1,000,000x more tokens, ensuring a robust and sustainable pool. To facilitate this process, we developed a custom smart contract that wraps PEPE into 1MPEPE before bridging it to Solana. This may sound complicated, but the process is seamless and can be done directly through the "Wrapper" tab on Clone Liquidity. **1M Wrapper example with PEPE:** 1. **Navigate to the 1M Wrapper:** Go to and click the "1M Wrapper" button. 2. **Connect Your Arbitrum Wallet:** Ensure your Arbitrum wallet is connected to the platform. 3. **Convert PEPE to 1MPEPE:** Follow the instructions to convert your PEPE to 1MPEPE. With your 1MPEPE, you can now use the regular wrapper to obtain deBridge 1MPEPE on Solana and conduct arbitrage on Clone. --- # Agent Instructions This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com. ## Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter: ``` GET https://docs.clone.so/clone-mainnet-guide/clone-liquidity-or-for-lps/wrapping.md?ask=&goal= ``` `ask` is the immediate question: it should be specific, self-contained, and written in natural language. `goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.