What is Orca?
Orca is a leading decentralized exchange on Solana that offers low-cost token swaps, concentrated liquidity pools, and a simple interface for traders and liquidity providers in the ecosystem. Orca supports the liquidity provisioning on Solana through its Whirlpools. The Orca Whirlpool is a concentrated liquidity system that allows liquidity providers (LPs) to earn higher yields with more efficient capital deployment. Think of Orca as a marketplace for tokens and yield for LPs.

Trade
Orca’s swap feature allows users to exchange Solana-based tokens instantly and at low cost, with pricing optimized by aggregating liquidity from Orca pools. The platform’s interface makes it easy for anyone to trade without navigating complex DeFi jargon.

Liquidity Pools
Whirlpools let liquidity providers (LPs) allocate assets within specific price ranges to help them maximize their capital and give them better customization. This design increases yields for LPs while ensuring traders benefit from better execution and reduced slippage.

LPs can supply liquidity to Orca pools and earn fees from trades. The platform supports both standard pools and concentrated liquidity pools to give providers flexibility depending on their risk level and strategy.

Wavebreak
Token creation has become a trend in the crypto industry and Orca has created its own launchpad to ease token creation on Solana. With Wavebreak, anyone can spin up a token that can’t be attacked by bots.

Wavebreak by Orca helps anyone to launch their token on the Solana blockchain by just filling a form with the token details. Each token launched “graduates” into the Orca pool after traders buy in to make the token in circulation worth 85 SOL. From there, the token can be traded on any other DEX since the Orca whirlpool makes it instantly liquid upon graduation.

Portfolio
To keep all liquidity positions in a single page for easy access, Orca provides a portfolio page that shows a depositor’s pool pair, the total value of the assets in the poor and the amount earned in yield (a share from the fees generated for the LPs in the pool). Orca concentrates all the open positions under this portfolio page.

Conclusion
Orca has established itself as one of Solana’s main decentralized exchanges by combining its fast and great interface with its affordable on-chain transactions. Orca is also a great choice for advanced yield opportunities for liquidity providers and traders. As one of the Solana projects that has been active for years, Orca has maintained a consistent approach that prioritizes the comfort of traders with the tools they need per time.