Solana Protocol Feature

    Orca is the easiest way to exchange cryptocurrency on the Solana blockchain. In Orca, you can exchange tokens with minimal transaction fees and lower latency than any DEX on Ethereum, all while knowing that you’re getting a fair price. Additionally, you may provide liquidity to a trading pool to earn a share of trading fees.

    Here I show the volume that came in and get out of Orca and also show number of these transactions.

    Then I show the top pairs on Orca based on number of swappers and number of transactions.

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    Although highest volume that deposited to Orca was on June 26th, but highest number of transactions that sent asset to orca was on Feb 1st.

    It is interesting to see that we see the same difference in the transactions that sent from Orca. The highest volume that withdraw from Orca was on June 26th, but highest number of transactions that sent asset from Orca was on Feb 1st.

    February and July 2022 had the highest volumes in comparison with other days.

    So, this means that Orca is alive but with less number of transactions.

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    The main transactions on Orca are related to gst. As you can see in the above chart, it was the top 1 pair based on both number of transactions and number of swappers. swappers swap gst to USDC, gmt or WSol or swap WSol to gst.

    Beween top 10 pairs in Orca, 8 of them are related to Stepn coins(gst & gmt)!

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    In the above chart you can see the volume of swapped SOL on Orca.

    As you can see this volume increased from begining of the year to May 27th. This is another reason for confirming that Orca is alive.

    From mid of June we see a great decrease in the volume of swapped Sol on Orca.

    The same as trend of swapped Sol, number of transactions grew about 4 times from begining of the year to May 23rd, but after that date, number of transactions on Orca decreased sharply.