Orca

Thing ∙ ID: 10983

Orca is a user-friendly decentralized cryptocurrency exchange on the Solana blockchain. It offers fast transactions and low fees and allows users to swap assets, participate in yield farming, and provide liquidity. Co-founded by Grace Kwan and Yutaro Mori, Orca launched in February 2021 without external funding. The New York-based company supports over 200 markets, with popular trading pairs including SOL/USDC. Trading fees range from 0.01% to 0.3%, depending on the route. Orca doesn't support margin trading and advises users in prohibited areas to avoid using the platform. By September 2021, Orca's total value locked exceeded $300 million, with trade volume surpassing $700 million.