Ok... if you've clipped audio - you can hear it. It is *unmistakable*. If you have imported audio that is already clipped, it's ruined, there is nothing you can do to fix it. If you're worried about clipping, your audio is already way too loud.
The storyline clip waveforms are NOT showing clipping... they're showing you "the warning track". Clipping is a flat line at the top of the waveforms.

This is seriously clipped audio - it will sound like the audio is routed through a guitar effect "Fuzz box". It is being distorted and it is ugly.
Here's the same audio at its recorded output: the signal goes all the way to the top, touches it in a few places, but it is not clipped because non of the peaks flatline against the top of the range. [This audio, however, will "pop" the clipping indicators in the output meter - just because it crosses 0dB - it's still within the "headroom" range... but just a little too "hot".]

When I apply this music to my projects, I dial down the gain so that there is no (or very little) yellow (and no red):

This is easy to do in FCPX - just grab that "0dB" line in the audio and drag it down (you'll see feedback in -dB amounts going down, or +dB amounts dragging upward.)
When I do this simple thing, I know my audio is "golden". It is right where it's supposed to be. FCPX is easy that way. This should place my OUTPUT audio levels at about -6dB peaks. Average peaks should be in the -12 to -10 dB range. This is "comfortable listening" levels, not likely to cause my listeners physical pain (there is an audio pain threshold - somewhere around 120dB - where 0dB is referenced from the threshold of hearing... in the real world.)
FCPX is looking out for you. The waveforms are a visual clue to potential problems. It is telling you that when you see yellows and reds, that audio is getting too loud *for output*. Not that they are too loud as the source. Not that they are clipped (the only indication is the "flat-lining" I pointed out above.)
The Output meter is referenced at 60 times (+6dB) louder audio than the waveform audio. You should not cross the 0dB level on the Output meters. (Your peaks should hover around the -6dB mark, max, which corresponds with the "recommendations" FCPX provides for you with the waveform indicators.) There is, however, approximately another 60 times louder audio "headroom" for peaks over the 0dB mark that *are not likely to clip* — and clipping will definitely and finally occur at any signal louder than +6dB referenced on the output meter.
If you're making a direct mapping between audio waveforms and the output meter, it looks something like:
Waveform Output
0dB ⟹ -6dB
+6dB ⟹ 0dB
+12dB ⟹ +6dB (clipping occurs)
(active control [gain]) (passive response meters)
Try not to be so concerned about clipping - bring your audio output to under 0dB (output meter). You really should do some research and find out the ranges that are "acceptable" for audio levels for different types of sounds, like "normal conversation", different types of music (not everything you hear is heavy metal head banging), etc. You do not always want to "push the limit". If you need "apparently louder" audio, you need to learn how to use compressors which can raise the "low end" without driving the high end over the limit — the audio will be apparently louder/overall loudness remains the same.
If this is not clear to you, perhaps somebody else can explain it better. Audio is not always an easy subject to grasp (and proving a little difficult to explain). Having the right explanation for you can make all the difference.