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DEFITUNA

Orca vs. Fusion

Cumulative revenue comparison between Orca Whirlpools and DefiTuna's Fusion AMM. The stacked area chart reveals which pool ecosystem drives more treasury growth and how growth trajectories differ over time.

Data​

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Use Cases​

This page helps you:

  • Compare ecosystem performance: Determine which DEX (Orca or Fusion) has generated more cumulative revenue since protocol revenue sharing is enabled
  • Assess concentration risk: Evaluate whether the treasury is mainly driven by one DEX
  • Analyze growth trajectories: Identify when each ecosystem's contribution rate accelerated or slowed
  • Evaluate diversification: Assess balance between established (Orca) and native (Fusion) pools
  • Identify inflection points: Detect when pool preferences or strategies shifted

How to Read This Chart​

Click to expand chart reading guide

Cumulative Stacked Area Chart:

  • X-axis: Date (chronological from protocol start)
  • Y-axis: Cumulative revenue in SOL (running total since revenue sharing is enabled)
  • Stacked Areas: Each colored area represents accumulated revenue from different pools
  • Total Height: The top edge shows total cumulative revenue across both ecosystems

Key Comparison Metrics:

  • Total Contribution: Which ecosystem has generated more cumulative revenue? (compare area sizes)
  • Growth Trajectory: Which ecosystem is growing faster? Steeper slopes = faster revenue accumulation, flatter slopes = slower or stable growth
  • Inflection Points: When did each ecosystem's contribution rate change? (look for slope changes)
  • Relative Performance: How does Orca revenue compare to Fusion at any point in time? (compare vertical distances)

Ecosystem Characteristics:

Orca Whirlpools:

  • Established concentrated liquidity DEX on Solana
  • Wide token support with many trading pairs
  • Revenue from swap fees on liquidity positions
  • Mature infrastructure with deep liquidity

DefiTuna Fusion AMM:

  • DefiTuna's native automated market maker
  • Custom pools designed for DefiTuna's specific strategies
  • Direct integration with DefiTuna treasury
  • Strategic control over pool parameters

Interactive Features:

  • Hover: See exact cumulative totals for Orca vs. Fusion at any date
  • Legend: Click legend items to show/hide specific pools
  • Protocol Toggle: Use the table filter to view transactions by ecosystem

Methodology​

Click to expand technical details

Data Sources

  • Treasury transactions: On-chain data from DefiTuna treasury PDA (G9XfJoY81n8A9bZKaJFhJYomRrcvFkuJ22em2g8rZuCh)
  • Pool attribution: Multi-source matching system (registry + auto labels) reconciled against the revenue totals described in Data Quality; flows without confident matches remain in “Other” until labeled
  • Ecosystem classification: Pools categorized as Orca Whirlpools, Fusion AMM, or Other

For complete pipeline details, see Data Pipeline.

Cumulative Revenue Calculation

Cumulative revenue is calculated by:

  1. Starting point: Protocol's first treasury transaction
  2. Daily aggregation: Each day's realized revenue is summed
  3. Running total: Each day's revenue is added to the cumulative total
  4. Category separation: Separate cumulative totals maintained for each pool ecosystem
  5. Stacking: Totals stacked to show both composition and total growth

Why Cumulative View?

The cumulative chart differs from daily charts by showing:

  • Total accumulated value rather than daily fluctuations
  • Long-term trends more clearly (noise is smoothed out)
  • Relative contributions over the entire protocol lifetime
  • Growth trajectory changes as slope changes in the cumulative line

Ecosystem Attribution

Each transaction is attributed to an ecosystem based on:

  • Orca Whirlpools: Any pool on the Orca concentrated liquidity protocol
  • Fusion AMM: DefiTuna's native liquidity pools
  • Other: Revenue not attributed to specific pool ecosystems

This classification enables direct ecosystem-level comparison.

Growth Metrics

Key metrics derivable from this chart:

  • Total Revenue: Final value (rightmost point on chart)
  • Average Daily Revenue: Total Revenue ÷ Number of Days
  • Growth Rate: Compare slopes between different time periods
  • Ecosystem Contribution: Height of each area shows its cumulative share

Relationship to Other Views

This cumulative comparison complements:

  • By Pool: Shows individual pool breakdowns without time dimension
  • Types per Day: Shows daily revenue patterns instead of cumulative totals
  • Pools vs. Types: Shows pool-type combinations without ecosystem grouping

Update Frequency

Data is automatically updated once a day. Check the "Last updated" timestamp in the site header for data freshness.

Known Limitations

  • Cumulative view doesn't show daily volatility (spikes averaged into slope)
  • Ecosystem classification depends on pool registry accuracy
  • Does not account for liquidity deployed or capital efficiency (only absolute revenue)