Clearpool has released a guide to migrating CPOOL to CLEAR. It explains how to swap, where tokens are held, which exchanges support the move, and how long holders have to complete it.
How the CPOOL to CLEAR swap works
The migration window opens on November 17, 2026, and closes on February 17, 2027. Holders will have three months to convert.
The exchange rate is straightforward: 1 CPOOL converts to 1 CLEAR. No ratio calculations are needed.
CLEAR will launch as a native ERC-20 token on Ethereum. ERC-20 is the standard format used by most Ethereum tokens, so wallets and exchanges that already support Ethereum assets should recognize it with little friction.
The initial circulating supply is set at 1.125 billion tokens, or 78.75% of the projected total supply of approximately 1.429 billion.
Exchange users will have a somewhat different experience. Clearpool says each exchange will set its own conversion schedule. Users holding CPOOL on a trading platform should therefore look for notices from that platform rather than assume the conversion happens on the first day.
Clearpool says security auditors Cantina conducted due diligence on the migration process. The protocol has told stakeholders that it considers the process secure.
The protocol is also urging users to safeguard their security credentials and says it will keep its official channels up to date. Token migrations are a common target for scammers posing as “swap portals,” so users should obtain contract details and links only through Clearpool’s official channels.
A 97.16% vote and a new chain
The migration follows a governance vote that ran from September 25 to October 2, 2026.
Participants approved the proposal by 97.16%.
The same vote approved the protocol’s plan to expand to the $XRP Ledger, in collaboration with Ripple and Cicada Partners.
Clearpool presents the move from CPOOL to CLEAR as part of a broader strategy to position the protocol as a primary settlement layer for institutional credit.
The tokenomics are also changing. Under the new model, 50% of protocol fees will fund a buyback-and-burn program.
The protocol will use fee revenue to buy CLEAR on the open market and permanently remove those tokens from circulation.
Background: unsecured lending for institutions
Clearpool launched in 2021 as an institutional credit protocol focused on unsecured borrowing, or loans made without requiring borrowers to post crypto collateral upfront.
Through its curated vault model and PayFi products, approved borrowers, including trading firms, can establish custom liquidity pools tailored to their needs.
The protocol has originated nearly $1 billion in loans since its 2021 launch. It also operates across multiple chains, and the $XRP Ledger expansion would add another.
What the move means for holders and the protocol
For CPOOL holders, the immediate task is administrative: read the guide, check where the tokens are held, and plan to convert before February 17, 2027.
Users holding tokens in self-custody will likely need to act themselves. Exchange users should follow their platform’s announcements, since Clearpool says each venue controls its own timing.
The $XRP Ledger expansion will involve working with Ripple and Cicada Partners. It could open new liquidity channels and give Clearpool access to an ecosystem that has focused heavily on payments and institutional use cases.
With 1.125 billion tokens in circulation at launch against a target of approximately 1.429 billion, roughly one-fifth of the eventual supply will be outside initial circulation. Holders tracking dilution will want to monitor when and how the remaining tokens enter the market, as well as how the buyback program offsets that supply.
