Resources

Orca Now Classifies Assets with Open Data from The Grid

Orca, the premier liquidity layer built on Solana, now classifies assets in its interface with open data from The Grid.

Written By

The Grid Team

Date

Category

News

Length

0 min read

Users see the type of each asset, stablecoin, governance token, liquid staking token, and more, pulled from a source anyone can audit. Orca runs on this open data in place of the closed feed it used before.

Orca uses one part of the data, the asset type. Each token in the interface carries a clear label, so a trader can tell a stablecoin from a governance token at a glance. The label comes from an open list, not a private one, so the same definition holds wherever it appears.

We opened The Grid's classifications for this exact use. Our open data release put a large part of our dataset under the Open Database License, the same share-alike license behind OpenStreetMap. A closed feed gives one company the final say on what an asset counts as. An open list does not. Anyone can read The Grid's definitions, check a label against them, and build on the same source. We opened the data for that, and Orca puts it to work for real users today.

"I spent the first half of my career on open licensing and helped create the Open Data
Commons project and its licenses. We released The Grid's data under that same open model, so anyone could build on it. Orca putting it into production, in place of a closed feed, shows exactly why we opened it." – Jordan Hatcher, COO, The Grid.

The live taxonomy covers 15 asset types, from currencies and stablecoins to liquid staking, restaked, wrapped, and bridged tokens. Any application can pull them, label its assets, and credit the source. To cover the tokens Solana traders watch, we filled a gap in Orca's top pools, so those assets now carry an accurate type.

Orca credits the source in two ways. A marker beside the categories links back to The Grid, so anyone can trace a label to its origin. A second credit sits in the page code and loads on first view, so crawlers and tools read the source too. The open license asks for attribution, and Orca gives it in both places. Open data earns trust when people can follow it back.

For Solana users, the value shows up where they trade. They get asset labels they can check, from data that stays neutral across every app that uses it. For builders, the same open classifications sit one call away, free to use with credit. Neutral classification turns into shared infrastructure, not a private feed one company controls.

This goes beyond Orca. Any team that needs asset types can pull the same open data, label their assets, and credit The Grid. The more applications that draw on one open source, the easier it gets for users to trust what they see.

Read more about our open data: The Grid Open Data Release.

— — — — —

About Orca

Orca is Solana’s leading automated market maker (AMM) and liquidity infrastructure protocol, powering over $500 billion in on-chain trading volume through its capital-efficient concentrated liquidity pools. With a breadth of ecosystem integrations and a protocol architecture built for the next generation of financial assets, Orca has expanded its role from AMM infrastructure to custom-built compliance-ready technology to assist issuers in bringing capital markets on-chain.

Visit Orca | See Orca on The Grid


Ready to Find Out More?

Got More Questions?

Ready to Find Out More?

Got More Questions?

Ready to Find Out More?

Got More Questions?