Orca, a decentralized crypto exchange (DEX) built on the Solana blockchain, has today announced $18 million in fresh funding led by Polychain, Placeholder, and Three Arrows Capital.
Other participants in the Series A round include Jump Capital, Sino Global Capital, Collab+Currency, DeFiance Capital, Zee Prime, Coinbase Ventures, Solana Capital, as well as several angel investors.
Described by Kyle Davis, co-founder of Three Arrows Capital, as “a critical addition to the Solana ecosystem,” Orca was launched in February this year as a fully bootstrapped project with a two-member team, offering instant and nearly-free token swaps.
The protocol has surpassed $231 million in total value locked (TVL) since the launch of its governance token in August.
A huge welcome to our new tokenholders!
We’ve finished distributing ORCA to all eligible wallets and the ORCA token is now live on @ProjectSerum!
This is how to trade ORCA-USDC on Serum
— Orca (@orca_so) August 9, 2021
Orca has reco
Źródło: https://decrypt.co/81526/decentralized-exchange-solana-raises-18m-series-funding
