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Loopscale merges with Orca, using ORCA as the sole token for the combined platform.

Protocol Fundamentals
08 Oct 2026
Tokenpost
View Source
Bullish
Loopscale merges with Orca, using ORCA as the sole token for the combined platform.

Loopscale has merged with the Solana-based decentralized exchange Orca, deciding not to issue a new token. Instead, ORCA will be the only token for the combined Formation ecosystem, which includes both Loopscale's lending platform and Orca's exchange. Loopscale users will continue with their points program until a token conversion event later this year, with more details to come. This merger unifies both products under the Formation brand, simplifying the token framework for users.

ORCA is trading at Rp49.300 on Pluang as of Oct 08, 2026 14:21 WIB, showing a notable 9.12% decline in one day. Despite this drop, ORCA maintains a substantial market cap of Rp2.96 trillion and a high 24-hour trading volume of Rp3.45 trillion. The token sees a balanced order activity with 57% buys against 43% sells, and investors typically hold ORCA for about 32 days on the platform.

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