Partnering with Orca for Solana-based Swaps
Mantis is happy to share that we are kicking off a partnership with Orca, a leading decentralized exchange (DEX) on Solana. This collaboration will involve integrating swaps on Orca into the Mantis framework. Therefore, the Orca DEX will serve as a potential solution for user intents on Mantis.
Mantis will leverage Orca’s exchange to facilitate Solana-based swaps. This means that asset swaps on Orca can be used as a part of solutions for settling user intents on Mantis.
Mantis is particularly excited about this partnership, as Orca has significant liquidity and swapping options that will soon be available within Mantis. With the intent solution space thus broadened on Mantis, users may get better execution: Orca may be a part of the best settlement route for a given intent.
Orca is Solana’s leading CLMM-based DEX providing users with the best DeFi experience:
For Traders: A fast and reliable trading interface
For Liquidity Providers (LPs): Low fees and a variety of liquidity pools
For Builders: A robust set of tools (open-sourced smart contract, SDK) ensuring seamless development & integrations
Because of these strengths, Orca has become quite popular amongst users. Orca has significant presence within the Solana DeFi ecosystem with strong numbers since genesis: $140B+ in trading volume, $240M+ in LP fees, and $25M+ in protocol revenue.
On Orca, users are able to:
Trade: Nearly any fungible token on Solana can be traded within seconds and with low fees. Competitive prices are ensured thanks to Orca’s Fair Price Indicator.
Provide Liquidity: Users can earn fees from millions in daily trade volumes on Orca, optimizing their capital efficiency with Whirlpools (Orca’s concentrated liquidity product)
You can experience the key features at orca.so.
In addition, Orca also offers set of tools for developers, including:
An open-source SDK for enabling integrations (which Mantis is using in the current partnership)
Permissionless pools for listing assets at token launches, in pairs with any SPL token
To find out more about Orca and its benefits, check out its blog and documentation.