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About Orion Protocol
Analysis of 11 Dec 2025Orion Protocol (ORN) represents a legacy token following its October 2024 rebranding to Lumia (LUMIA) and migration to the Lumia Chain blockchain. Originally a hybrid liquidity aggregator bridging CEX and DEX platforms, the project underwent a strategic pivot to become an RWA-focused Layer 2 blockchain.
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As of December 2025, the legacy ORN token trades at approximately $0.10 with a severely diminished market cap of $3.24M-$4.74M and critically low 24-hour volume of $800-$3,520. The token swap occurred at a 1:1 ratio with total supply expanding from 92.6M ORN to 238.9M LUMIA tokens.
Major exchanges including Binance, Crypto.com, and MEXC completed the migration in October 2024, while Coinbase delisted ORN entirely on May 16, 2025. With only 34.4M circulating supply remaining and most holders having migrated to LUMIA, the legacy ORN token exists in terminal decline with minimal liquidity concentrated on Uniswap V2.
