Orca Whirlpools Public Launch Has Arrived

Published on: 25.04.2022

The Orca Whirlpools’ public launch has arrived and is now open to the entire Solana ecosystem with seven new Whirlpools!

Following the success of the Closed Beta, Whirlpools will now be available to everywhale!

Whirlpools are Orca’s brand-new concentrated liquidity pools. These pools allow LPs to concentrate their liquidity around specific price ranges, unlocking significant gains in capital efficiency for liquidity providers and better prices for swaps on Orca.

To learn more about concentrated liquidity and the advantages of Whirlpools, check out this announcement post!

Whirlpool’s beta testers used their Orcanaut NFT to access and provide liquidity during the Closed Beta. Their traction during the beta was encouraging, with both $10M in total value locked and $10M in volume traded per day.

They are officially opening up deposits to the entire Solana ecosystem. (Builders can also start integrating using the Whirlpools SDK!) Orca is proud to achieve this key milestone on its journey to become an Apex AMM.

Seven new Whirlpools, all with built-in Double-Dip rewards:

As they migrate its existing pools in favor of Whirlpools, they will be saying goodbye to Aquafarm Rotations and welcoming the hot new thing: Whirlpools Rotations.

Whirlpools Rotation #1

Duration: Monday, April 25th, 2022 — Thursday, May 5th, 2022
Total Rewards: The rewards are detailed below for each Whirlpool. Pools will open for deposits on April 25 at approx. 12:00 UTC, and rewards will begin 24 hours later on April 26 at approx. 12:00 UTC.

They will be kicking off the public launch with some of its most widely traded pairs and a couple of our favorite partners — Marinade and Lido!

1️⃣ mSOL/USDT

Marinade rewards: 51,616 MNDE per week
ORCA rewards: 4,000 ORCA per week

2️⃣ mSOL/UST

Marinade rewards: 51,616 MNDE per week
ORCA rewards: 2,000 ORCA per week

3️⃣ mSOL/SOL

Marinade rewards: 17,205 MNDE per week
ORCA rewards: 2,000 ORCA per week

4️⃣ stSOL/USDC

Lido rewards: 12,500 LDO per week
Orca rewards: 10,000 ORCA per week

5️⃣ stSOL/USDT

Lido rewards: 7,500 LDO per week
Orca rewards: 4,000 ORCA per week

6️⃣ stSOL/UST

Lido rewards: 5,000 LDO per week
Orca rewards: 2,000 ORCA per week

7️⃣ stSOL/SOL

Lido rewards: 2,500 LDO per week
Orca rewards: 2,000 ORCA per week

All existing Whirlpools will remain available. Over time, rewards will slowly decrease for its constant product pools and increase for the corresponding Whirlpools.