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Orca releases Wavebreak launchpad for Solana tokens

2025-07-29 21:02:01

Main Idea

Orca has launched Wavebreak, a 'human-first' Solana token launchpad designed to prevent bots and snipers, amid increasing competition in Solana's DEX sector.

Key Points

1. Orca's Wavebreak launchpad includes an onchain CAPTCHA to prevent bots and snipers from dominating token launches.

2. Wavebreak is similar to other launchpads but with unique features, including daily incentives for users.

3. Orca was Solana's dominant DEX during 2022-2023 but now faces competition from platforms like PumpSwap, Raydium, SolFi, and Meteora.

4. Existing memecoin launchpads struggle with bot-driven sniping, with over 50% of new Pump.fun tokens being bought in the same block they were created.

5. Orca plans to host project fundraises on Wavebreak, starting with DeFiTuna's TUNA token launch.

Description

Many of Solana’s top DEXs now have associated memecoin launchpads

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