Website: orca.so

Orca is a decentralized exchange (DEX) and automated market maker (AMM) built on Solana, offering users a seamless and efficient platform for trading cryptocurrencies. Launched in 2021 by Yutaro Mori and Grace “Ori” Kwan, Orca leverages Solana’s high-speed and low-cost infrastructure to deliver a superior DeFi experience.

Orca’s core functionality revolves around enabling quick and inexpensive token swaps while providing an intuitive interface that caters to both new and experienced traders. The platform has gained recognition for its straightforward design, making it one of the most user-friendly DEXs in the Solana ecosystem.

Key features include token swaps, liquidity provision, and its innovative Whirlpools feature, which introduces concentrated liquidity. Whirlpools allow liquidity providers to focus their capital within specific price ranges, resulting in enhanced capital efficiency and potentially higher returns. The Fair Price Indicator is another unique tool that helps users execute trades at optimal market rates.

Liquidity providers on Orca earn trading fees by contributing to the platform’s liquidity pools, while holders of the platform’s native governance token, ORCA, can participate in decision-making processes and shape the platform’s future.

With significant funding from top investors, including an $18 million Series A round, Orca continues to innovate and expand its offerings, positioning itself as a critical player in the Solana DeFi landscape. The platform is ideal for users seeking a fast, reliable, and user-centric DEX for their cryptocurrency needs.