,” its website. The notice did not provide a reason for the move or why it was coming now. Orca co-founder Grace Kwan did not immediately respond to a request for comment.
The policy change will not impact traders who directly use Orca’s smart contracts – the infrastructure executing token swaps on-chain. That may provide some reprieve for trading volume because much of Orca’s order flow comes via Jupiter, a trade aggregator that plugs into its backend. Orca saw $280 million in trading volume over the last week, per DeFiLlama. That was nearly three times more than Raydium, Solana’s second-most popular DeFi trading venue over the same period.
Orca keeps trades flowing by pooling token liquidity from its users. They loan their assets to the exchange and get a slice of fee revenue in return. The new restrictions do not apply to U.S.-based liquidity providers, according to the notice.
orca_so realDannyNelson You don't deserve to be a crypto news portal. You don't understand crypto at all.
orca_so realDannyNelson
orca_so realDannyNelson Launching and being based in 🇺🇸 will be a negative position for some time yet
orca_so realDannyNelson Cucks
orca_so realDannyNelson DeFi* Made in America By Americans *but not for Americans
orca_so realDannyNelson
orca_so realDannyNelson DegenerateNews NFTMZ_LIVE MONEYNEWSHQ we got a problem here
orca_so realDannyNelson This move could be due to regulatory concerns around crypto in the U.S. Nonetheless, it's a reminder of the need for greater clarity and regulation in the crypto space. cryptocurrency decentralizedexchange regulation
orca_so realDannyNelson This is not it. Dexes shouldn't engage with regional regulations
orca_so realDannyNelson I prefer Raydium
orca_so realDannyNelson Can't say I really care. The platform is ok but I'm lookin to dump it at the next top.
orca_so realDannyNelson well done!
orca_so realDannyNelson What about users of platforms like Kamino_Finance that interact with pools on Orca indirectly?
orca_so realDannyNelson where do i trade now lol
orca_so realDannyNelson Yes! American politics doing us proud!
orca_so realDannyNelson Decentralised & restriction don’t go together 🤣
orca_so realDannyNelson Wait so what about Uniswap
orca_so realDannyNelson … again. they launched with US IP restrictions and kept them I wanna say for at least a year
orca_so realDannyNelson Use NordVPN
orca_so realDannyNelson orca_so is a joke, they blocked US users when they first launched then unblocked them now are re-blocking them from their UI. Decentralized has become a massive buzzword that plenty of projects use but are not decentralized at all, this is a great example. If you block users,…
orca_so realDannyNelson Solana going mainstream
orca_so realDannyNelson No one has done more to damage the future of finance in America than SenWarren A traitor of our country and a simp to the banks.
orca_so realDannyNelson There are other good Decentralized wallets you can use in the US, but it’s quite bad that it’s gradually getting worse
R89Capital orca_so realDannyNelson USA really gonna fumble this entire industry
orca_so realDannyNelson 👀
orca_so realDannyNelson so much about 'Decentralized'
orca_so realDannyNelson Pretty soon it'll be illegal to possess any cryptocurrencies in the USA. Just you watch.
orca_so realDannyNelson Yeah like an ip will prevent people from using it..
orca_so realDannyNelson Bullish
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