Orca overview
Decentralized (DEX). Established 2021. Trust rank 581. Reported 24h volume 5430.52 BTC.
Coverage: 727 active pairs across 483 tradable assets. Liquidity profile: High. Concentration: Concentrated. Execution quality: Competitive. Top ten pairs share 87.4%. Key pairs include SOL/USDC, ETH/SOL, CBBTC/USDC, XAUT0/USDC. Leading pair SOL/USDC. Median spread on leading markets 0.60%.
Liquidity structure and trading conditions
Volume mix: USDC is the largest tracked quote currency at about 75.7% of measured flow. Data scope: 100 tickers observed, with spread readings on 100 markets. Trust rank provides a quick placement within a broad group of venues, and 24h BTC volume helps you gauge current activity. Coverage reflects breadth of markets you can access here, which matters when you need alternatives beyond the top pair. Concentration indicates how much of the venue depends on its leaders versus a wider set of pairs. Median spread captures the common bid ask distance on top books and helps set expectations for market orders and tight limits. A broad pair list usually improves routing flexibility, but pricing quality still depends on where volume concentrates. When comparing venues, weigh breadth, concentration, spreads, and the key pairs list to match the venue to your execution style.
Editorial note: This analysis was prepared by the YearBull research team under the direction of Alan Zelvin, Founder and Lead Crypto Researcher. The assessment follows YearBull’s internal research methodology and editorial standards. Methodology · Editorial Policy