Orca DEX: Upcoming Governance Token and Liquidity Mining on Solana

Introduction to Orca’s Founders and Vision

Orca, the first “human-centered” decentralized exchange (DEX) on Solana, recently held an AMA session in Solana’s official Telegram group. The event featured co-founders Ori and Yutaro (YM), who shared insights about the platform’s unique approach to DeFi.

👉 Discover how Orca combines speed with user-friendly design

Meet the Team Behind Orca

Ori:
– Background: Computer Science graduate from Stanford, worked with startups and design firms across Silicon Valley, New York, and Tokyo
– Role: Full-stack engineer and designer focused on making Orca “your favorite DeFi project”

YM:
– Experience: Former MongoDB engineer, entered crypto full-time in 2017
– Expertise: Contributed to Eth 2.0 and UMA smart contracts before co-founding Orca

What Makes Orca Different?

Key Features

  • Lightning-fast transactions: 50,000 TPS capability via Solana
  • Ultra-low fees: Average transaction cost of $0.01
  • Fair Price Indicator: Real-time market rate transparency
  • Collectibles: Unique ecosystem participation rewards

Technical Advantages

Feature Orca Traditional DEXs
Model Pure AMM with proprietary pools Often order-book based
Speed Solana’s 400ms block times Slower chains (3-15s)
Fees ~$0.01 $1-$50 (Ethereum)

Why Solana?

The founders highlighted three reasons for building on Solana:
1. Performance: 50,000 TPS capacity
2. Cost Efficiency: Fractional cent transactions
3. Alignment: Shared values with Solana’s vision for scalable DeFi

Upcoming Developments

Major Roadmap Items

  1. Sun Bridge: Decentralized Ethereum-Solana bridge interface
  2. Stablecoin Pools: Optimized trading for pegged assets
  3. UI Localization: Expanded language support

The Big Announcement

Orca confirmed two highly anticipated features:
ORCA governance token
Liquidity mining program

👉 Explore liquidity mining opportunities coming soon

Current and Planned Token Support

Available Now:
– SOL, ETH, BTC
– Stablecoins (USDC, USDT)
– Ecosystem tokens (RAY, FTT, KIN, ROPE)

Future Additions:
All requested Solana-based assets

Community Engagement

April 2025 Clownfish Airdrop

  • Exclusive collectible for active traders
  • Criteria undisclosed but linked to transaction frequency
  • Distribution begins late April

Frequently Asked Questions

Q: How does Orca’s AMM differ from Uniswap?
A: Orca uses Solana’s speed to eliminate gas wars and failed transactions while maintaining full AMM functionality.

Q: When will liquidity mining begin?
A: Exact dates aren’t public, but the team confirmed it’s their “top priority” after token launch.

Q: What wallet supports Orca?
A: Any Solana-compatible wallet (Phantom, Sollet, etc.) can connect to the web interface.

Q: Will there be cross-chain trading?
A: Yes, the Sun Bridge will enable Ethereum-Solana asset transfers.

Q: How decentralized is Orca’s governance?
A: The upcoming token will grant voting rights on protocol upgrades and treasury allocations.

Q: Are Orca collectibles tradeable?
A: Currently designed as non-transferable achievement tokens, but this may evolve with community input.