Does Raycast have a clipboard manager?

Yes, Raycast includes a clipboard manager, but unlimited history is a Raycast Pro feature. On the free tier your clipboard history is time-limited. If clipboard history is a big part of why you want a launcher, you can get it without paying. Brow ships an unlimited clipboard manager for free, with filtering by type (text, images, links, colors, files), pinning, smart detection of JSON and phone numbers, and search. It lives in the same launcher you use to open apps and run calculations. https://brow-app.com/launcher covers the clipboard plus the rest of the launcher, so you are not paying a subscription just for paste history.