What ORCA governs
ORCA is a DeFi protocol governance token, currently ranked 205th by market capitalization among the assets we track. ORCA is the governance token of a DeFi protocol: holding it is less like owning a currency and more like owning a vote over how the protocol runs — and, in some designs, a share of the fees it collects.
Orca (ORCA) is a decentralized finance platform built on the Solana blockchain, designed for trading and swapping tokens with a user-friendly interface. It aims to provide liquidity and yield farming solutions for crypto enthusiasts.
How value is supposed to accrue
Usage drives everything here: more deposits and more volume mean more fees, and the token's value depends on whether those fees flow back to ORCA rather than evaporating to liquidity providers alone.
Background & fundamentals
In sector terms it is most often filed under Solana (SOL) Token, Decentralized Exchange (DEX), and DeFi.
Where ORCA sits in the market
Trading around $1.16, ORCA carries a market capitalization of $69.42M. Around $6.02M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 8.67% of the float — elevated, often a sign of narrative-driven trading.
Almost the entire ORCA supply is already in circulation (~100.0% of the 100M cap), so future dilution is effectively off the table. ORCA remains -87% beneath its all-time high of $9.19, the kind of gap that historically takes a full cycle or a fresh catalyst to close. Measured from its all-time low of $0.4000, ORCA is up +190%.
What the price history shows
Recent moves read 24-hour -3.17%, 7-day -4.94%, 30-day -37.77%, 1-year -51.96%. Across roughly the last 365 days of daily candles, ORCA endured a peak-to-trough drawdown of about 75% before stabilizing.
Volatility profile
Recent action puts ORCA in the Moderate-volatility band — it shows the kind of price movement common in mid-cap crypto assets — meaningful but not unusual. Over the last 30 days the move totals -37.77%, a useful input for stop placement and position sizing.
How to evaluate a DeFi token like ORCA
The honest checklist for ORCA is short:
- Protocol revenue — fees the application actually earns, and whether any of it reaches ORCA holders.
- Total value locked — how much capital trusts the protocol — and how sticky it is versus mercenary yield.
- Token utility — whether ORCA is load-bearing (governance over real value, fee rights) or decorative.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
