Orca DEX
Best for documented on-chain trading
How it rates
- Documentation published at a public address
- Deployed across 2 chains
- No audit report linked in the public dataset at this check
Each indicator scores 2, 1 or 0. A pillar is the points earned over the points available; the overall score is the weighted sum. Every source below is public — check any of them yourself.
- Not metIndependent audit published with a linked report
No audit report linked in the public protocol dataset at this check.
defillama.com/protocol/orca-dex - Not met
- MetProtocol tracked by an independent analytics platform
Listed with published TVL and history.
defillama.com/protocol/orca-dex - Met
- Met
- MetDocumentation published where fees are described
Documentation reachable for fee review.
docs.orca.so/ - Met
- MetIndependent dataset publishes protocol economics
TVL and change history published independently.
defillama.com/protocol/orca-dex - PartialFee model documented publicly
Documentation available; specific fee tiers not captured at this check.
docs.orca.so/ - Met
- Met
- Met
- Met
- Not met
- PartialListed on the independent dataset for over a year
Listing date recorded in the dataset.
defillama.com/protocol/orca-dex
- MetIndependent analytics page published
Public protocol page with history.
defillama.com/protocol/orca-dex - Not metAudit documentation linked publicly
No audit report linked at this check.
defillama.com/protocol/orca-dex - Met
- MetProtocol identity and chains disclosed
Chains and category published: Dexs.
defillama.com/protocol/orca-dex - Met
- Met
- Met
- Met
- Not met
- Met
A Solana decentralised exchange built around concentrated-liquidity Whirlpools, holding $245m with a focus on approachable liquidity provision.
Our assessment
Orca brought concentrated liquidity to Solana through its Whirlpools design and holds $245m across two chains. It has consistently been the most approachable venue on that network for liquidity providers, which is a design achievement rather than a marketing one.
Concentrated liquidity on a fast chain
Managing a concentrated position means adjusting ranges as prices move — impractical where each adjustment costs a meaningful transaction fee. On Solana it costs a fraction of a cent, which makes active range management viable for ordinary providers rather than only for professional market makers. The strategy is the same as Uniswap v3; the economics of running it are not.
Interface quality is a safety feature
Orca is known for making pool selection and position management legible. That sounds cosmetic until you consider that the most common way retail providers lose money is by not understanding the position they opened. A design that shows range, fees and divergence clearly prevents more losses than most technical features.
No linked audit report
No audit report was retrievable at a public address at this check. For a protocol holding a quarter of a billion dollars this is the main gap in its evidence, and it is common across Solana DeFi in this comparison — five of the six Solana venues here have the same missing indicator.
Who it suits
Orca fits Solana users who want concentrated liquidity with a comprehensible interface. Traders needing the deepest Solana routing should also check Raydium; those wanting published audit evidence should look to Uniswap, Curve or QuickSwap.
How rivals compare
Frequently asked
Does this score mean Orca DEX is safe to use?
No. It measures what an outsider can verify: linked audits, published documentation and independently recorded market data. Contract behaviour is not tested by us.
Where does the TVL figure come from?
An independent public analytics platform, queried at the verification date. Anyone can re-run the same query.
Why do some protocols score zero on audits?
Because no audit report is linked in the public dataset. It records what a user can reach, not a claim that no audit was ever performed.