Meteora

MET Price

Meteora (MET) TL;DR

Meteora functions as a DEX on Solana but is more commonly known as a liquidity composability layer, enabling the creation and management of liquidity pools for tokens on Solana through innovative features such as dynamic liquidity fees and configurable price bin steps.

• Meteora uses Dynamic Liquidity Market Maker (DLMM) technology to concentrate liquidity in active price ranges, achieving 40-60% higher capital efficiency than traditional automated market makers.

• The protocol has processed over $208 billion in cumulative trading volume since February 2023 and maintains over $800 million in total value locked, establishing itself as a leading liquidity infrastructure on Solana.

• Meteora's MET token launched in October 2025 with 48% of supply immediately circulating to prioritize community ownership, while the team's 18% allocation vests linearly over six years to ensure long-term alignment.

What Is Meteora?

Meteora addresses critical inefficiencies in DeFi liquidity provision through adaptive market-making infrastructure. The protocol dynamically adjusts fees based on market volatility and optimizes capital deployment through configurable liquidity parameters, allowing LPs to maximize returns while managing risk.

Since launching in February 2023, Meteora has become a cornerstone of Solana DeFi—processing over $208 billion in cumulative volume and maintaining over $800 million in TVL. The protocol serves as infrastructure for token launches, stablecoin liquidity pools, and cross-protocol capital allocation across the Solana ecosystem.

Key Differentiators of Meteora

• Dynamic Liquidity Market Maker Technology: Meteora's DLMM pools enable concentrated liquidity with automated fee adjustment based on volatility, delivering 40-60% higher capital efficiency compared to standard automated market makers.

• Integrated Yield Optimization: Dynamic Vaults automatically rebalance capital across lending protocols like Solend and Marginfi every minute, ensuring idle liquidity generates additional yield rather than sitting unused.

• Fair Launch Infrastructure: Meteora provides Anti Sniper Suite tools including configurable fee schedulers, rate limiters, and Alpha Vaults that protect token launches from bot manipulation while ensuring genuine community participation.

• Liquidity Distributor Mechanism: Meteora adopted a novel airdrop distribution approach via liquidity positions in the form of NFTs for its Token Generation Event (TGE). As a result, users do not need to rush to claim their airdrops, and can instead opt to receive liquidity fees from the initial wave of traders.

What Can You Use Meteora For?

• Liquidity Provision: Deposit assets into DLMM pools or Dynamic AMM pools to earn trading fees and liquidity mining rewards with optimized capital efficiency.

• Token Trading: Swap tokens with low slippage and competitive rates across Meteora's deep liquidity pools integrated with major Solana trading terminals.

• Token Launches: Use Meteora's launchpad infrastructure to create liquidity pools with anti-bot protection and customizable bonding curves.

• Yield Farming: Deploy assets into Dynamic Vaults that automatically allocate capital to the highest-yielding opportunities across Solana lending protocols.

How Does Meteora Work?

Meteora operates as a composable liquidity layer on Solana, leveraging the blockchain's high throughput and low transaction costs. The protocol's DLMM technology divides liquidity into discrete price bins, allowing liquidity providers to concentrate capital in specific price ranges where trading activity is most active. This concentrated liquidity model reduces slippage for traders while maximizing fee generation for providers. 

Dynamic Vaults enhance capital efficiency by automatically moving idle funds to lending protocols, with rebalancing occurring every minute based on real-time yield opportunities. When market volatility increases, Meteora's dynamic fee mechanism automatically adjusts trading fees to compensate liquidity providers for increased risk.

 The protocol integrates with Solana's parallel execution model to support high-frequency trading environments while maintaining transaction costs around $0.00025. All smart contracts are deployed on Solana and accessible through compatible wallets including Phantom, Solflare, and OKX Wallet.

Meteora's Team and Backers

Meteora is currently led by co-leads Soju and Zen. The protocol originated from Mercurial Finance, which was co-founded by Ben Chow and Meow in 2021. Following the FTX collapse that impacted Mercurial's liquidity, Ben Chow started Meteora. After Ben Chow's resignation in early 2025, Soju joined Zen as co-lead to guide the protocol's continued development.

Meteora has received backing from Alliance and DeFiance Capital among others, and, as Mercurial Finance, raised $10.3 million in funding through a SAFT sale, backed by investors including Alameda Research, DeFi Alliance, Solana Ecosystem Fund, OKEx, Huobi, and founders from CoinGecko, Blockfolio, and Nansen. 

Tokenomics

The MET token has a total supply of 1 billion tokens with a distinctive distribution model designed to maximize community ownership and long-term sustainability.

Token Distribution:

• 20% allocated to Mercurial Finance stakeholders based on February 2022 snapshot

• 15% distributed to Meteora users through LP Stimulus Program

• 3% allocated to Jupiter stakers

• 3% reserved for launchpads and ecosystem partners

• 3% allocated to centralized exchanges and market makers

• 2% distributed to off-chain contributors

• 2% allocated to M3M3 memecoin stakers

• 34% held in Meteora ecosystem reserve

• 18% allocated to team

Vesting Periods: At the Token Generation Event on October 23, 2025, 48% of total supply (480 million tokens) entered circulation immediately with no vesting periods for community allocations. This approach eliminates the low-float, high fully diluted valuation model common in crypto launches. The remaining 52% is subject to six-year linear vesting schedules for both the team allocation and ecosystem reserve, ensuring long-term alignment with protocol success.

Approximately 10% of circulating supply is distributed through the Liquidity Distributor mechanism, where recipients receive liquidity positions that earn trading fees while gradually releasing their allocation rather than receiving directly claimable tokens.

Where can you buy Meteora?

MET tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Meteora is Binance, where the most active trading pair MET/USDT has a trading volume of $11,156,562.87 in the last 24 hours. Other popular options include Bitunix and Coinbase Exchange.

What is the daily trading volume of Meteora (MET)?

The trading volume of Meteora (MET) is $72,507,992.27 in the last 24 hours, representing a 299.20% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Meteora (MET)?

Meteora (MET) reached an all-time high of $0.6869 and an all-time low of $0.09443. It’s now trading -43.70% below that peak and 309.80% above its lowest price.

What is the market cap of Meteora (MET)?

Market capitalization of Meteora (MET) is $213,194,464 and is ranked #185 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of MET tokens (550 Million tokens are tradable on the market today).

What is the fully diluted valuation of Meteora (MET)?

The fully diluted valuation (FDV) of Meteora (MET) is $385,425,494. This is a statistical representation of the maximum market cap, assuming the maximum number of 1 Billion MET tokens are in circulation today. Depending on how the emission schedule of MET tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Meteora compare against its peers?

With a price increase of 87.40% in the last 7 days, Meteora (MET) is outperforming the global cryptocurrency market which is up 13.70%, while outperforming when compared to similar Exchange-based Tokens cryptocurrencies which are up 13.70%.