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The clip detect circuit that powers the clip LED is basically constantly com- paring the signals from both the left and right channels against a set threshold that is close to the mixer amp’s upper voltage rail, which is where it clips. There is a little amount of hysteresis to enable the LED to be lit up long enough to visibly see it during short signal spikes. The core of the peak detect circuit is D3, D7, R25, and C24. Basically, an averaging DC peak voltage sample is created, held with a charge on C24, and discharged with R25. R20 and R17 control the charge time of C24.