O

Orca

ORCA

A concentrated liquidity DEX on Solana

Performances

RD Popularity Index

3051.16% (24h)
0100200300400500
Project Rank: 4/15436

RD Growth Index

69516.74% (24h)
0400800120016002000
Project Rank: 203/15436
Comparison:
1h24h7d30d60d90d
1.08%11.49%40.94%66.21%122.54%22.41%

Revenue & Burn

Protocol income

$1.4M

Buyback funds

$518.22K

Burn funds

--

Buyback ratio

36.9%

Protocol funds over time

Monthly amounts & ratios

PeriodProtocol incomeBuyback fundsBurn fundsBuyback ratio
Sep 2026$1.4M$518.22K--36.9%
Aug 2026$542.41K$187.27K--34.5%
Jul 2026$317.91K$63.58K--20.0%
Jun 2026$485.68K$97.13K--20.0%
May 2026$360.81K$72.16K--20.0%
Apr 2026$404.01K$80.8K--20.0%

Comparison

Tokenomics

Unlock Progress

Unlocked39M ORCA(39.15%)
Untracked60M ORCA(60.89%)

Based on CoinGecko data, Current Unlock Rate for ORCA: 60.80%

Open Markets

#ExchangePairPrice+2% depth-2% depthVolume (24h)volume %
1ORCA/KRW$1.11$80,137$39,260$3,126,1806.50%
2
HHTXCEX
ORCA/USDT$1.1$452$3,212$2,297,7154.77%
3ORCA/USD$1.1$23,125$76,514$394,9650.82%
4ORCA/KRW$1.12$12,343$11,106$236,4460.49%
5ORCA/USDT$1.1$14,143$18,139$228,0640.47%
6ORCA/USDT$1.1$15,924$38,255$180,2850.37%
7ORCA/USDT$1.1$4,055$18,234$71,8320.15%
8ORCA/USD$1.1$4,014$7,088$58,8210.12%
9ORCA/USDT$1.1$1,649$1,695$28,7190.06%
10ORCA/USD$1.1$8,623$11,127$18,5050.04%

Follow Updates

Follow Lists

People

About Orca

Orca, Solana's leading AMM DEX, has evolved through several milestones with long-term significance. In 2021, it launched as one of Solana's first general-purpose AMMs, establishing core concentrated liquidity infrastructure. In 2025, Orca introduced Wavebreak, a token issuance platform, expanding beyond trading into the broader token ecosystem. The Orca Council's governance proposal to use up to 55,000 SOL for ORCA buybacks marked a shift toward active token economic management. In May 2026, Orca launched a compliant trading market for tokenized physical assets (RWA), enabling permissioned trading of regulated assets like tokenized gold, representing a strategic pivot toward institutional-grade finance. Throughout this period, Orca consistently led Solana DEX volumes, surpassing $2.49 billion in daily trading. The Vercel security incident in April 2026, while not affecting funds, demonstrated the protocol's operational resilience. These milestones collectively illustrate Orca's trajectory from a retail-focused AMM to a comprehensive DeFi platform bridging traditional and decentralized finance.

Updated: Sep 1, 2026

Positive:

  • 2026-05-27 launched permissioned pools for RWA trading, partnering with Streamex to list tokenized gold GLDY, expanding into compliant assets;
  • Real fee buyback-burn mechanism active, ~2.75% market cap annualized;
  • Officially confirmed no VC funding, lacking common sell-pressure structure.

Negative:

  • mintAuthority not renounced, 33.3% potential inflation space under multisig (75M minted vs 100M cap);
  • TVL down 34.1% YoY, DEX activity weakening;
  • Thin Binance spot depth (±1% only $13-18K);
  • 2026-04-20 Vercel frontend security incident, though on-chain funds unaffected, short-term trust impact.
Updated: Sep 15, 2026

Yutaro Mori (Co-founder, Twitter: @rawfalafel) and Grace Kwan (Co-founder, LinkedIn: orikwan, Twitter: @oritheorca) are the core leaders of Orca. Mori, a software engineer, focused on protocol design and technical development. Kwan, with a background in design and engineering, leads product and UX. No other executive info available.

Updated: Sep 1, 2026