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Orca

Orca is a user-friendly decentralized exchange on Solana where you can swap tokens for pennies, provide liquidity to earn fees, and even launch your own tokens through their Wavebreak feature. It's designed to make DeFi trading simple and affordable, whether you're just swapping tokens or looking to earn yield on your crypto holdings.
4.3
4 Reviews

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.  

The Orca home screen

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.

The trade tab inside the Orca app on Solana

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.

The pools page inside the Orca app showing all of the opportunities to provide liquidity in the Solana ecosystem

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.

The USDT-USDC pool on Orca

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.  

Orca's Wavebreak token launchpad allows anyone to easily launch a token on the Solana blockchain

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. 

Launching a Solana token using Wavebreak

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. 

The portfolio page lets you see your current positions inside the app.

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. 

Contents

Writen By

Priest

Priest is the Lead Content Writer Soladex. A crypto-native with hands-on experience across various crypto apps and platforms, Priest has worked with top web3 startups like Alchemy, Paybis, and Function03 Labs. With a deep understanding of the blockchain ecosystem, Priest brings clarity to web3 projects on Solana through Soladex.

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