Skip to main content
TOKENRADAR
Login | Sign up
  • Tokens

    • Orca (ORCA)

    12/19/2025 20:00 UTC

    $1.09

    % Today
    4.28%

    Unlock Schedule

    Orca (ORCA) Token Unlock & Vesting Schedule

    The unlock chart above provides a clear visual overview of the Orca (ORCA) token release schedule, showing when and how tokens enter circulation across investor, team, treasury, and community allocations. Understanding these tokenomics dynamics is critical for evaluating potential supply pressure, inflation impact, and market liquidity over time — key factors that can influence ORCA price performance.

    Each color segment in the chart corresponds to a specific allocation group described in the Allocations section below. Underlying assumptions and data models used to reconstruct this schedule are explained in detail under Assumptions, while broader utility insights and token use cases are covered in Tokenomics & Utility.

    Tokenomics & Utility

    Token facts

    • Ticker: ORCA (SPL token)
    • Contract: orcaEKTdK7LKz57vaAYr9QeNsVEPfiu6QeMU1kektZE
    • Issuance: August 9, 2021
    • Total supply: 75,000,000 ORCA (as stated in Orca’s official documentation) (docs.orca.so)

    Orca tokenomics (“Orca tokenomics”) began with a community‑first airdrop to early liquidity providers and traders in 2021. The DAO manages a community treasury and a fee treasury that accumulate over time and can fund grants, growth, and future upgrades. (medium.com)

    Governance, staking, and xORCA

    ORCA is a governance token that lets holders shape upgrades via the Orca DAO and its DAO Council. In 2025, governance approved xORCA, which turns staked ORCA into a liquid, yield‑bearing token that appreciates as the protocol buys ORCA on the open market using 20% of Whirlpool fees. Stakers receive xORCA 1:1 at deposit, and, after a seven‑day cooldown to exit, can redeem more ORCA per xORCA over time as buybacks accumulate in the vault. The governance and upgrade authority use a 3‑of‑5 council multisig. (docs.orca.so)

    How ORCA captures protocol activity

    • Trading fees flow first to LPs (maker share), then to the protocol (for development, DAO treasury, and xORCA buybacks), and a fixed slice goes to the Climate Fund.
    • As volume grows, more fees are routed to buybacks for xORCA, which strengthens the link between protocol performance and token utility. (docs.orca.so)

    Assumptions

    • Team vesting modeled as 1-year cliff from issuance (2021-08-09) followed by 24-month linear vest.

      Team allocation described as 3-year vesting with 1-year cliff at launch; exact vest start day not explicitly enumerated in docs; using issuance date for cliff start.

    • Private sale vesting modeled from 2022-09-22 to 2024-09-22.

      Investors received 9.6% with 12-month cliff and 24-month linear vest; fundraise announced on 2021-09-22; used that date to anchor the schedule.

    • Value-Add + Advisory treated as unlocked at TGE to a grants pool rather than a time-locked vest.

      Builders Program grants in 2022 used this category; no explicit vesting schedule published for the pool itself.

    • Contributor Growth Allocation modeled as linear vest from 2024-03-14 to 2026-03-14.

      Council approved 5M ORCA contributor grant on 2023-03-14 with service-based 1-year requirement then two-year payout; actual individual grant timing varies; modeled for charting.

    • Community Treasury shown as unlocked at TGE with post-burn balance 30.85M.

      Treasury tokens were available subject to governance; 25M ORCA burned in April 2025 per approved and executed proposal; remaining balance modeled as unlocked supply held by treasury until spent.

    • xORCA fee buybacks are not modeled as emissions.

      Mechanism uses protocol fees to buy existing ORCA on market and deposit to staking vault; no new token issuance; does not increase total supply.

    Allocations

    Liquidity Providers Airdrop
    5.33%
    Percentage of total token supply
    95%
    How certain we are about this information
    4,000,000 tokens
    Cliff: Aug 10, 2021 — NaN% of allocation
    Retroactive airdrop to LPs based on USD-weighted liquidity; distributed at token launch.
    Average Traders Airdrop
    0.67%
    Percentage of total token supply
    95%
    How certain we are about this information
    500,000 tokens
    Cliff: Aug 10, 2021 — NaN% of allocation
    Retroactive airdrop to addresses with $1,000–$10,000 lifetime volume by Aug 2, 2021.
    Heavy Traders Airdrop
    0.67%
    Percentage of total token supply
    95%
    How certain we are about this information
    500,000 tokens
    Cliff: Aug 10, 2021 — NaN% of allocation
    Retroactive airdrop to addresses with ≥$10,000 lifetime volume by Aug 2, 2021.
    Initial Advisors Airdrop (e^i Ventures)
    0.33%
    Percentage of total token supply
    95%
    How certain we are about this information
    250,000 tokens
    Cliff: Aug 10, 2021 — NaN% of allocation
    Allocated to advisors (e^i Ventures) for sourcing early liquidity; distributed at launch.
    Team
    26.67%
    Percentage of total token supply
    85%
    How certain we are about this information
    20,000,000 tokens
    Linear vesting: Aug 9, 2022 - Aug 9, 2024 (monthly)
    Team allocation with 3-year vesting and 1-year cliff from token issuance; remaining 24 months vest linearly.
    Private Sale (Series A Investors)
    12.80%
    Percentage of total token supply
    80%
    How certain we are about this information
    9,600,000 tokens
    Linear vesting: Sep 22, 2022 - Sep 22, 2024 (monthly)
    0% at TGE; 12-month cliff from Sep 22, 2021 fundraise announcement, then 24 months linear vesting for investors.
    Value-Add + Advisory Grants Pool
    5.73%
    Percentage of total token supply
    75%
    How certain we are about this information
    4,300,000 tokens
    Cliff: Aug 9, 2021 — NaN% of allocation
    Allocation earmarked for builders and subject-matter experts (e.g., Whirlpools Builders Program). Tokens available from TGE and disbursed via grants governed by Orca.
    Contributor Growth Allocation (Juku Labs, 2023)
    6.67%
    Percentage of total token supply
    80%
    How certain we are about this information
    5,000,000 tokens
    Linear vesting: Mar 14, 2024 - Mar 14, 2026 (monthly)
    5M ORCA moved from Treasury to fund non-founder contributor incentives; per Council proposal, service-based grants require ~1-year service then pay over succeeding 2 years. Modeled as linear vest over 24 months beginning ~1 year after proposal date.
    Community ORCA Treasury (post-burn balance)
    41.13%
    Percentage of total token supply
    90%
    How certain we are about this information
    30,850,000 tokens
    Cliff: Aug 9, 2021 — NaN% of allocation
    Community Treasury available from TGE for governance-directed use (e.g., liquidity incentives, grants). Amount reflects post–April 2025 burn of 25M ORCA from Treasury.
    Last Updated: 11/28/2025 00:47 UTC

    Description

    #545

    Orca is a user‑friendly decentralized exchange (DEX) that runs on the Orca blockchain stack of Solana and Eclipse. It focuses on fast swaps, low fees, and clear design so anyone can trade tokens or provide liquidity with confidence.

    Sector: DEX
    Blockchain: Solana
    2021
    Resources
    About
    Legal
    Socials
    Disclaimer: Content provided on our site is for general information. Nothing constitutes financial or legal advice. Use of our content is at your own risk - conduct your own research and verify before relying on it. Trading carries high risk of losses - consult a financial advisor.