Deep Dive
1. What Orca does
Orca is a decentralized exchange, or DEX: users can swap supported tokens directly through blockchain based pools rather than a central exchange. Its automated market maker uses liquidity supplied by users to facilitate trades. (Orca)
Whirlpools is Orca’s concentrated liquidity system. It lets liquidity providers choose price ranges for their funds, which can make liquidity more focused than spreading it across all possible prices. (Orca documentation)
2. What ORCA is for
ORCA is the project’s governance token. Holders may vote on proposals about Orca’s protocol and its direction; it is not the same thing as owning a share of the exchange. (Bitso)
Conclusion
Orca is a Solana trading and liquidity protocol, while ORCA gives holders a role in its governance. How might Orca develop its liquidity tools and governance over time?null
