Post by SolanaNotesTW about Orca DEX ($ORCA)

$ORCA — Orca: positive Total PnL can still underperform holding

The Position History & PnL guide says Total PnL compares a position with its deposits, not with holding those tokens outside the pool. It also says unharvested fees and rewards are included in unrealized PnL where supported data is available.

Illustrative example: deposit value $1,000; current LP value including unharvested yield $1,080; previously harvested yield $20; same original tokens simply held would now be worth $1,150. Ignoring other costs, the LP gained $100 versus its deposit but lagged holding by $50. Adding the unharvested yield again would double-count it.

Could Orca add an optional "versus holding" comparison beside Total PnL, using the original token quantities and handling later deposits/withdrawals consistently? Keep the existing PnL metric, and label the comparison's assumptions and excluded costs.

For incomplete history or missing prices, show N/A with the reason rather than an apparent zero. The guide already uses N/A for unavailable existing metrics.

Question: could a worked example like this be added to the guide so newcomers can distinguish fee income, absolute PnL, and performance versus holding?

Source (reviewed 7 Oct 2026):

https://docs.orca.so/liquidity/manage/position-history

AI-assisted documentation review; no liquidity transaction performed for this review.