DEX / Concentrated Liquidity

Orca

Solana Data as of March 2026

Orca is a decentralized exchange on Solana focused on concentrated liquidity through its Whirlpool pools. It provides efficient swaps for Solana-native assets with a clean, user-friendly interface. Orca is one of the primary liquidity sources that Jupiter aggregates.

Fee per Transaction

0.30%

Whirlpool concentrated liquidity

Round Trip Cost

$5.99

Buy + Sell on $1,000

TVL

~$600M

Top concentrated liquidity DEX on Solana

How It Works

Orca Whirlpools use concentrated liquidity (similar to Uniswap V3), allowing LPs to specify price ranges. Fee tiers include 0.01%, 0.05%, 0.30%, and 1%. The default for most volatile pairs is 0.30%.

LPs earn fees proportional to how much of the trading activity falls within their selected range. Tighter ranges earn more fees but carry more rebalancing risk.

Orca emphasizes simplicity and accessibility, with a streamlined interface compared to more complex DeFi platforms.

Strengths

+Clean UX. One of the most intuitive interfaces in DeFi. Designed for usability without sacrificing functionality.

+Concentrated liquidity on Solana. Capital-efficient pools that rival Uniswap V3 mechanics on a faster, cheaper network.

+Ecosystem integration. A primary liquidity source for Jupiter and other Solana aggregators.

Risks

xSolana dependency. All activity halts during network outages.

!Impermanent loss. Concentrated liquidity amplifies IL compared to full-range positions.

!Smaller TVL. Less deep liquidity than Raydium for many pairs, which can mean higher slippage on large trades.

Open Orca ↗ Compare Fees ↗

Disclosure: This profile is provided for informational purposes only. White & TT does not hold a position in ORCA. Fee data reflects publicly documented parameters as of March 2026. Always verify current fees on the protocol. This is not financial advice.

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