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Orca

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Solana-based automated market maker

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Project Overview

Orca is a Solana-based decentralized exchange with an automated market maker (AMM) at its core. It has a focus on user interface and ease of use, with a human-centered design. As the largest pure AMM on Solana, Orca places special emphasis on the composability and simplicity of the AMM, and is designed to be a "DeFi lego" (middleware) for the ecosystem.

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HTX has launched ORCA and ZBT perpetual contracts and initiated the Contract Trading Party.

According to the official announcement, HTX (formerly Huobi) has launched perpetual contracts for ORCA/USDT and ZBT/USDT on April 27, with a maximum leverage of 20x for both. Concurrently, HTX is hosting an ORCA & ZBT Contract Trading Party from 17:00 on April 27 to 17:00 on May 4 (UTC+8), with a total prize pool of up to $20,000. During the event, users who register and trade ORCA/USDT and ZBT/USDT perpetual contracts—accumulating a total valid trading volume of ≥$5,000—will share the prize pool based on their trading volume ranking. Additionally, new contract traders executing ORCA/USDT or ZBT/USDT perpetual trades will receive exclusive benefits.

Orca Responds to Vercel Security Incident: Frontend Credentials Rotated, On-Chain Funds Unaffected

According to an official announcement by Orca, Vercel—the frontend hosting provider for Solana’s liquidity protocol Orca—recently experienced a security incident involving unauthorized access to its internal systems. Orca stated that, as a precautionary security measure, it has proactively rotated all keys and deployment credentials potentially compromised in the incident. Orca emphasized that this incident affected only the frontend hosting layer; the on-chain protocol and user funds remain unaffected. The team is currently monitoring the situation closely and will provide timely updates.

Byreal’s 24-hour on-chain gold trading volume briefly surpassed Hyperliquid’s, capturing over 45% market share.

According to CoinGecko data, XAUt0’s trading volume on Byreal exceeded $1.8 million in the past 24 hours, accounting for over 45% of the market—temporarily surpassing Hyperliquid and Orca to become the leading on-chain gold trading platform.