
Public capital markets for the frontier economy. Trade on @orca_so and earn on @Loopscale.
Joined August 2026
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one of the biggest merger on solana defi
@orca_so and @Loopscale are now @formation_so
one stack for the whole lifecycle of an onchain asset: issuance, trading on orca, borrowing against it on loopscale, packaging it into vaults
for users nothing changes. no migration, no withdrawals, positions stay as they are
ORCA is the token for all of formation, no new mint, same supply.
loopscale won't launch its own token and points keep accruing until conversion later this year (i hope they will do something good bc i have a lot of points)
Formation retweeted
.@orca_so and @Loopscale are merging into @formation_so to bring onchain financing to AI, robotics and defense.
@Luketruitt, now CEO of Formation, talked about this shift on the live show last month.
“The world is becoming very capital hungry. Whether it’s the physical AI build-outs, robotics, manufacturing, energy, all those things are very much more capital intensive than what startups and big tech looked like ten years ago.”
“That could be a $5,000,000 bond issuance to go fund part of a data center being constructed or building a new missile factory.”
xitter.cf/marygooneratne/status/…
A very exciting day for our team and users: @Loopscale and @orca_so are joining forces as Formation @formation_so.
We’ve spent years building towards realizing the potential of onchain financial infrastructure and we now, together, have the team, technology, and ambition to expand what those markets can finance.
This is the start of a much bigger chapter for us and for the ecosystem more broadly.
Formation 🤝 Superstate
Congrats to @orca_so and @Loopscale on joining forces under @formation_so! Great to see trading and lending infrastructure coming together to expand what's possible for tokenized assets.
Excited to continue working together.
Formation retweeted
HUGE: Solana exchange @orca_so and lender @Loopscale have merged as @formation_so, combining trading, lending and vaults to finance tokenized assets.
Formation retweeted
A fitting name for the new venture between @orca_so and @Loopscale.
Look forward to working with @formation_so on new primitives to access the frontier of the internet!
Formation retweeted
Looking forward to joining the panel to talk about the future of DeFi in an hour and financing the future of finance with @formation_so
Catch Loopscale Co-Founder @Luketruitt on "Growing the Pie: Why New Issuers and Allocators Are the Future of DeFi" at @token2049.
Alongside:
@JosephChee_, Solana Company
Heyryung Choi, Shinhan Asset Management
@0xkfei, SBI Holdings
Moderated by @EleanorTerrett, Crypto in America
MEXC Stage
Thursday, October 8, 12:30PM SGT
Catch our CEO and Co-Founder @Luketruitt on the MEXC Stage at @token2049.
Catch Loopscale Co-Founder @Luketruitt on "Growing the Pie: Why New Issuers and Allocators Are the Future of DeFi" at @token2049.
Alongside:
@JosephChee_, Solana Company
Heyryung Choi, Shinhan Asset Management
@0xkfei, SBI Holdings
Moderated by @EleanorTerrett, Crypto in America
MEXC Stage
Thursday, October 8, 12:30PM SGT
👑👑👑
EXCLUSIVE: Solana's Orca merges with Loopscale in push to finance AI, robotics and defense theblock.co/news/defi/2026-1…
We're ready to Tokenize the world with @Securitize.
We're ready to Tokenize the World with @formation_so.
Finance the future.
BREAKING: Two Solana DeFi teams are now one.
@orca_so and @Loopscale have combined as @formation_so.
Orca has been Solana's premier liquidity layer since 2021, with more than $500B traded.
Loopscale has facilitated more than $2B in loans since April 2025.
Together they put issuance, secondary markets and credit on one set of rails; permissioned for institutions, and permissionless for everyone else.
Formation retweeted
After 4.5 years building @orca_so and $550B+ in volume, Orca and @Loopscale are merging to become @formation_so.
I've worked alongside @luketruitt, @marygooneratne and the Loopscale team for years. Excited to be building financial infra for the frontier economy with them!
EXCLUSIVE: Solana's Orca merges with Loopscale in push to finance AI, robotics and defense theblock.co/news/defi/2026-1…
Formation retweeted
When I joined @orca_so in early 2022, DeFi had no clear path into American capital markets. We've spent years working with U.S. regulators to help open one.
The SEC's Innovation Exemption carves a real path, and Formation plans to operate a tokenized securities venue under it.
Liquidity alone isn't enough to scale an asset. It takes credit and distribution too, and that's what Orca and @Loopscale bring together in Formation.
Thank you to the Orca community, LPs, and team, past and present. Let's build.
Formation retweeted
Two great @Solana teams becoming one.
Thrilled for my friends at @Loopscale and @orca_so and excited to see what they accomplish together.
BREAKING: Two Solana DeFi teams are now one.
@orca_so and @Loopscale have combined as @formation_so.
Orca has been Solana's premier liquidity layer since 2021, with more than $500B traded.
Loopscale has facilitated more than $2B in loans since April 2025.
Together they put issuance, secondary markets and credit on one set of rails; permissioned for institutions, and permissionless for everyone else.
Formation retweeted
Introducing @formation_so.
We're merging with @orca_so to build a full-stack DeFi platform on @solana. Trading, credit and vaults in one place, so any asset can launch, trade and be borrowed against without leaving the stack.






















