Getting Started
Orca Swap is a Solana-powered decentralized exchange (DEX) that supports spot trading, perpetual contracts
(perps), and lending units. To start trading on Orca Swap:
- Visit the official site: https://orca.so
- Connect your Solana-compatible wallet such as Phantom, Solflare, or Sollet.
- Deposit Solana (SOL) or supported tokens into your wallet.
- Explore the platform to trade spot pairs, access perps, or lend your assets.
Why Use Orca Swap?
- High Speed & Low Cost: Built on Solana blockchain, transactions are fast and extremely
cheap.
- Versatility: Trade spot assets, take leveraged positions on perpetual contracts, or lend
assets to earn interest.
- User-Friendly Interface: Clean design and intuitive features make trading easy for both
beginners and pros.
- Decentralized & Secure: Control your funds at all times with no middlemen involved.
Step-by-Step Guide
Spot Trading
- Connect your wallet on Orca Swap.
- Select the spot market pair you want to trade.
- Input the amount and place your buy or sell order.
- Confirm the transaction and watch it fill.
Trading Perpetual Contracts
- Navigate to the Perps section.
- Choose the asset to trade with leverage.
- Set your position size and leverage level.
- Confirm and monitor your position.
Lending Units
- Go to the Lending unit dashboard.
- Deposit tokens to earn interest or borrow assets.
- Manage loans and repayments via the dashboard.
Security Best Practices
- Always use official Orca Swap URL: https://orca.so.
- Never share your private keys or seed phrases.
- Use hardware wallets for larger trades.
- Beware of phishing scams and verify transaction details before confirming.
Advanced Features
- Whirlpool Liquidity Pools: Concentrated liquidity for enhanced capital efficiency.
- Leverage Trading: Access leveraged positions on perps to maximize gains.
- Cross-Margin Lending: Use your assets as collateral to borrow or lend efficiently.
- API Integration: For algorithmic trading and real-time data access.
Frequently Asked Questions
- What is Orca Swap?
- Orca Swap is a decentralized exchange on the Solana blockchain offering spot trading, perpetual contracts, and lending features.
- How do I connect my wallet?
- Click "Connect Wallet" on the Orca Swap homepage and select your Solana wallet provider like Phantom or Solflare.
- Are there fees on Orca Swap?
- Yes, but fees are minimal due to Solana’s low transaction costs — usually less than a cent per trade.
- Can I trade leveraged positions?
- Yes, Orca Swap offers perpetual contracts allowing leveraged long and short trading.
- Is my money safe on Orca Swap?
- Your funds remain in your wallet and are never held by Orca Swap directly. However, always follow security best practices.
Conclusion
Orca Swap is a robust decentralized exchange combining spot trading, perpetual contracts, and lending units — all on the lightning-fast Solana blockchain. Its intuitive interface, low fees, and advanced features make it a standout platform for traders and DeFi enthusiasts alike. Whether you’re a beginner or experienced user, Orca Swap provides the tools and security you need to trade confidently.
Start your trading journey today at orca.so and experience the future of decentralized finance.