Orca(ORCA)

Overview

Orca is a decentralized exchange (DEX) operating on the Solana blockchain and one of the earlier general-purpose automated market makers (AMMs) launched on that network. Users connect a wallet to swap tokens directly on-chain or deposit assets into liquidity pools to receive a share of trading fees. The project emphasizes a simple interface intended to make decentralized trading approachable for users less familiar with DeFi.

ORCA is the protocol's governance token, used for decisions about how the protocol is operated and for ecosystem incentives. Orca also exposes its swapping, farming, and on-chain data functions as building blocks that other projects can integrate into their own dApps, and a number of Solana-based services do so. As with other DeFi protocols, factors such as smart contract risk, changing liquidity conditions, and evolving regulation apply.