Solana Protocol Feature

    Orca

    What Will You Read?

    In this Analysis, You will read about Orca on Solana since 2022-01-01. I went through Orca and analyzed these parameters:

    • Total and Cumulative Swaps
    • Total and Cumulative Unique Users
    • Total Daily New Users
    • Swap success rate
    • Swaps From Solana

    Analyzed by Hess - Reading Time almost 8Min

    Method

    In this analysis, I examined the Orca exchange. I used the Solana fact swap table and extracted all mentioned parameters.

    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    db_img

    Daily Number of Swaps Vs. Unique Swapper

    • From April 15th until June 28th, The highest number of swaps and unique swappers happened.
    • Only on May 26th, The total number of swaps reach 303K by 156K swapper.
    • There is a huge drop in the daily number of swaps and unique swappers on June 27th.
    • About 90% dropped suddenly since June 27th and reached.
    • There were nearly 18M swaps on Orca since January 1st.
    • The Cumulative line shows a huge growth Since April 15th but after June 26th, The growth stopped.

    New Users on Orca

    • The highest number of new users occurred on May 3rd with 15.3K new wallets on Orca.
    • From March 10th, New users grew until May 26th.
    • Like the number of swaps, The number of new users dropped above 90% and reached daily 100 new Wallets!
    • There were nearly 1M new wallets since January.

    Orca Success Rate

    • The success rate is one of the most important parameters of a protocol.
    • The success rate of Orca swaps was 50% until April 1st.
    • After that Increased to 70-80% until June 26th.
    • The success rate reached to the lowest percentage in the last 6 month. Recently the success rate approached 25-30%.
    • 65% of swaps were Success and 34.9% of swaps were failed since January 1st.
    • There were nearly 10M failed swaps since January 1st.

    Total Swaps from SOL

    • Like the previous charts, The total Sol amount, and the number of unique swappers,s and swaps increased from April until the end of June.
    • Like other parameters, The swaps from Sol dropped above 90% in July.

    \

    Conclusion

    • All parameters like the total number of swaps, Unique swapper, and Sol amount increased from April until June.
    • There are some suspicious numbers in July. All parameters dropped above 90%.

    Thank you for reading!

    ALL CODES AND CONTENTS PROVIDED BY HESS

    Twitter_id: hessaminanloo

    Discord_id: hess#0890

    ENS: he3am.eth