Orca

Orca receives a B risk grade (27/100) from Hindenrank, where lower scores indicate lower risk. Lower risk — battle-tested Solana DEX, but concentrated liquidity amplifies losses during network congestion A decentralized exchange on Solana where you swap tokens through concentrated liquidity pools called Whirlpools. It handles about half of all Solana DEX trading volume with $280M in deposits. Its B grade reflects solid fundamentals, but the small ORCA token ($90M) makes governance cheap to attack.

The key risks identified for Orca are: (1) During a Solana network jam, you cannot adjust your liquidity positions -- if prices move fast, you eat the full loss with no way to exit (2) It costs less than $15M to buy enough ORCA tokens to take over governance and redirect protocol revenue (3) Entirely dependent on Solana staying online -- every Solana outage shuts down all Orca trading

Orca scores 27/100 across eight risk dimensions: Mechanism Novelty: 2/15, Interaction Severity: 6/20, Oracle Surface: 2/10, Documentation Gaps: 2/10, Track Record: 4/15, Scale Exposure: 5/10, Regulatory Risk: 2/10, Vitality Risk: 4/10. The highest risk area is Scale Exposure at 5/10.

Among 111 rated DEX protocols on Hindenrank, Orca ranks #30 by safety (lowest risk score = safest). Its 27/100 risk score and B grade place it among the safer DEX protocols.

Orca scores 4/15 on the Track Record risk dimension, indicating some history of security incidents or exploits. Higher scores reflect more severe or frequent incidents. Review the full risk report for details.