Orca
Research notes
Total value locked, currently 260,304,632 USD, reflects the depth of liquidity in Orca's pools and influences its capacity to handle large trades with low slippage, so changes in this figure over time indicate shifts in liquidity provider confidence. The 30-day DEX volume of 5,843,965,513.74 USD is the primary driver of fee generation, making it worth monitoring to understand whether fee levels are sustainable or tied to a specific period of elevated activity. The take rate of 12.79% determines how fees are divided between the protocol, its token holders, and liquidity providers, and any change to it would directly affect all three groups. Finally, the dilution overhang of 23.36%, representing ORCA tokens not yet in circulation relative to the maximum supply, is worth tracking as additional supply entering the market would change the relationship between circulating figures and fully diluted ones.
Written by an AI language model from the figures listed below, on 29 Aug 2026 09:26 UTC.