How it works
Trade on Meteora. Or with the vault.
- 1Trade on the poolEvery buy and sell of ORBIT in its Meteora pool pays a 2% fee. Meteora keeps a fifth; 0.8% fills the vault's SOL and 0.8% runs Orbit.
- 2Or trade with the vaultSell to it or buy from it at the pool's price, off the chart, with no slippage. 2% of the coins are burned, and none of it goes to Meteora.
- 3A deeper pool127.5 of the 170 SOL ORBIT raised went into its pool, so it opened deep; the other 25% started the vault.
Where $1,000 of trading goes
- The vault(added by us)$8.00 of every $1,000its SOL, for sellers
- The Orbit team$8.00 of every $1,000runs Orbit and its vault
- Meteora$4.00 of every $1,000runs the pool
Added by us, on top of Meteora's pools. Per $1,000 traded, after every cut.
The vault: a built-in OTC desk
Trade off the chart. No slippage, 2% burned.
- 1Sell some to the vaultA limited amount a day, set by the vault's size and the day's volume. You get SOL at the pool's price, and the chart doesn't move.
- 2Or layer inBuy ORBIT from the vault's pile at the pool's price, as much or as little at a time as you like, with no slippage.
- 32% of every vault trade is burnedIt never goes through Meteora, because no swap happens on the DEX. Those coins are simply destroyed.
Questions
The straight answers.
What is the vault?
A second way to trade ORBIT, off the chart. It holds SOL and ORBIT and trades both ways at the price of ORBIT's Meteora pool: sell to it and get SOL, or buy from its pile of ORBIT. 2% of the coins in every vault trade are burned.
Why sell to the vault instead of the chart?
No slippage, and the chart doesn't move: a sale to the vault happens off the chart at the pool's price. Each wallet can sell a limited amount a day, set by the vault's size and the day's volume; anything more trades on the pool as usual.
Is the vault an OTC desk?
Yes, one built into ORBIT. Like an OTC desk, it trades away from the chart: you ask, the Orbit team approves, and the trade settles at the pool's price with no slippage. Daily limits keep each trade small next to the vault. Unlike most desks, a program on chain holds the coins and enforces the price, the limits and the settlement, and 2% of every trade is burned.
What is layering in?
Buying from the vault's pile of ORBIT, as much or as little at a time as you like, at the pool's price with no slippage. The coins come from people who sold to the vault.
How much can I sell or buy?
A wallet can trade up to 10% of the vault's side a day: its SOL when you sell, its ORBIT when you buy. All together the vault trades at most 25% of the last day's volume on the pool.
What price do I get?
The pool's price, with no slippage. So that nobody can push the price for a moment to drain the vault, it pays the lower of the pool's price and its last-hour average when you sell, and takes the higher when you buy.
Where does the vault's SOL come from?
25% of the SOL ORBIT raised when it launched, then 0.8% of every trade on the pool (half of our share of the 2% fee), and what buyers pay for its ORBIT.
What's burned, and does Meteora get any of it?
2% of the coins in every vault trade, destroyed for good. None of it goes through Meteora: a vault trade isn't a swap on the DEX, so Meteora takes nothing from it.
Can the vault run out?
Yes. Its SOL can run low if many sell and few buy; the daily limits shrink with it, and fees refill it every hour. Its ORBIT runs out when buyers take the whole pile, until someone sells again.
Do holders get rewards?
No. ORBIT doesn't pay holders a share of the fees: the point is a better way to trade. The trading fee goes to the vault, the Orbit team and Meteora.
Where does the trading fee go?
Every trade on the pool pays 2%. Meteora keeps a fifth (0.4%); 0.8% goes into the vault's SOL and 0.8% to the Orbit team, which runs Orbit and its vault.
So the price can't fall?
It can. The vault lets sellers sell some off the chart; it doesn't hold the price up, and anyone can still sell straight into the pool.
Who controls the vault?
A program holds it, and the Orbit team approves each trade by hand. An approved trade runs at the pool's price within the limits and never below the least you asked for, and you can cancel a request any time to get everything back. Nobody can take the vault's SOL or ORBIT out except by trading with it. It runs on Solana. While ORBIT is experimental we can still upgrade that program to fix bugs, so for now you are also trusting us, and every upgrade is public on the blockchain.
Why Meteora?
ORBIT trades in a Meteora pool, the kind Jupiter and every Solana wallet route through, and the vault takes its price from that pool. We didn't build an exchange; we built the vault beside it.
Built on Meteora
Meteora built the pools. We built the way in.
Everything here runs on Meteora. ORBIT launched on Meteora's bonding curve, graduated into a Meteora pool and trades through Meteora's own programs, so it can be traded on Jupiter and the trading apps. We don't run an exchange. What we add sits beside the pool: the vault, a second way to trade ORBIT off the chart.
What Meteora built
- The pool ORBIT trades inThe Meteora pool it graduated into, with a 2% fee, open to Jupiter and every Solana wallet.
- The price the vault usesEvery vault trade is priced from ORBIT's Meteora pool.
- The curve it launched onMeteora's Dynamic Bonding Curve, the fair start every early holder bought on.
What we add on top
- The vaultBuys and sells ORBIT off the chart at the pool's price, with no slippage.
- The burn2% of the coins in every vault trade, destroyed.
- The limitsSized to the vault and the day's volume, so it can't be drained in one go.
- Honest numbersEvery figure after all the cuts. Anything unknown shows a dash, never a zero.