Solana’s decentralized exchange (DEX) Orca will block all US users from accessing its web interface starting March 31, according to a notice posted on the platform’s official website on March 16. .
The exchange generated over $634 million in trading volume in February and has over $46 million total value locked (TVL) in Solana smart contracts, according to data from DeFi Llama.
On March 16, the protocol’s website added a notification that read: “Orca will add the United States to the regions and countries that are restricted from trading on Orca.so starting March 31, 2023.”
The notice emphasized that this change “It will not affect the ability of US users to directly interact with Orca’s smart contract or SDK, or their ability to provide liquidity through Orca.so.”
US users who directly interact with Orca smart contracts will not be affected by the change, according to the statement.
Orca is one of the DEXs used by Jupiter to obtain liquidity for its swap aggregator service. So the Jupiter website can be an alternative for traders who want to interact with Orca smart contracts.
Cointelegraph attempted to contact both Orca and Jupiter, but did not hear back from either as of press time.
Unlike centralized exchanges, DEXs do not have a centralized back end or developer controlled database. For this reason, many users have found that they can bypass geo-bans in most cases by using a VPN to hide their IP address or by connecting directly to the blockchain through a developer tool like Truffle or Hardhat.
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