Meteora (operating at meteora.ag) is a DeFi protocol built on the Solana blockchain. In essence, Meteora position itself as a “hyper-optimized liquidity layer” for automated market makers (AMMs), enabling dynamic fee models, concentrated liquidity pools and a launch-pool ecosystem for new tokens.
In more layman terms, the Meteora protocol essentially aims to make liquidity smarter, more efficient, more sustainable, and fairer. Rather than liquidity sitting dead, or being poorly deployed, or reliant purely on incentives, Meteora gives LPs and token projects tools to maximize capital use, reduce bad outcomes (slippage, fragmentation, dumps), and provide a better experience for users, traders, token issuers and the broader DeFi ecosystem on Solana.
Meteora originally evolved from Mercurial Finance, a stablecoin Solana DEX project, and re-branded as Meteora in ~2023. Its founder, Ben Chow, was also the co-founder of Jupiter, one of Solana’s largest DEX aggregators. Several other developers and contributors who worked on Jupiter’s routing and aggregation infrastructure moved over to Meteora or collaborated on its design.
Jupiter’s experience with aggregating liquidity across multiple Solana DEXes informed Meteora’s Dynamic Liquidity Market Maker (DLMM) and Dynamic AMM (DAMM) systems. Essentially, they took Jupiter’s deep‑liquidity aggregation expertise and built a more composable, LP‑friendly protocol.
In terms of positioning, Jupiter focuses on being a DEX aggregator for end users, while Meteora aims to be a liquidity layer and launch infrastructure for projects and LPs. The Jupiter-Meteora connection is part of Solana’s broader ecosystem growth: Jupiter feeds liquidity, Meteora optimizes it, and new tokens can leverage both.
The MET token isn’t just a collectible—it actually does a lot on the Meteora platform. For starters, it’s a governance token, letting holders vote on proposals, features, and emissions, and staking it (or converting to veMET) can give you more influence in the DAO. You can also stake MET to earn rewards or boosts, which can even increase yields for liquidity providers.
Holding or staking MET can unlock perks like fee discounts, and the token is used to reward LPs and help grow the platform’s liquidity. On top of that, some plans suggest the protocol might use fees or revenue to buy back MET, potentially reducing supply and giving holders more value.
The token is already listed on major exchanges. According to tracking data, the circulating supply at launch is around 430 million tokens; the total supply is 1 billion. At the time of writing, the price of MET trades near US$0.55-0.60 per token, showing a drop from an initial intraday high above ~US$0.90.
| Metric | Data |
| Token Name | Meteora |
| Symbol | MET |
| Total Supply | 1,000,000,000 MET |
| Circulating Supply at Launch | 480,000,000 MET (48%) |
| Launch Price | $0.03 |
| Current Price | ~$0.035–$0.04 |
| Market Cap | ~$14–16 million |
Meteora has built significant traction: according to some sources, the protocol has processed over $200 billion+ in cumulative volume and generates multi-million‐dollar daily fee revenue — making its token launch one of the larger events in Solana DeFi.
Because of the airdrop and launch plans, many community members feel they have a chance to participate in something meaningful rather than a purely speculative token. Activity on the chain and in pools is high.
On the flipside, while nearly half (~48 %) of the supply is reportedly unlocked at TGE, this raises concern about immediate sell-pressure and “airdrop dump” (read more below in the section on its tokenomics).
In short: meteora is highly anticipated because of its scale and ecosystem role — but also risky because of structural unlocking and potential for large supply dumps.
Meteora’s tokenomics are designed to be both ambitious and investor-friendly. Let’s break this down further:
Nearly half of all MET tokens are unlocked at launch, giving early participants transparency and immediate access, while the remaining 52% is vested over six years for the team and reserve, aligning incentives for long-term growth. The protocol’s innovative Liquidity Distributor lets airdrop recipients earn fees while gradually selling into liquidity, and the wide allocation to stakeholders—from Mercurial users to Jupiter stakers—aims to build a strong, engaged ecosystem.
That said, there are risks: the large initial supply could trigger early selling pressure, success depends heavily on community engagement, the market’s reaction to these novel mechanics is untested, and execution depends on the team delivering on their roadmap. After all, the project’s prior history (rebranding from older codebase, merging of teams) means there is some legacy risk. Also, the novelty of the dynamic AMM model means execution risk is higher.
Overall, Meteora balances opportunity with caution, offering investors a chance to participate in a potentially high-growth Solana DeFi project while staying mindful of short-term volatility.
Join the Meteora bounty program and share a 13,000 USDT reward!
Again, bear in mind that a big chunk of MET tokens are unlocked right away, which could lead to some early selling pressure. Plus, the token’s value depends on people actually using the protocol, not just hype. If the team hits their growth targets and the platform gains traction, MET could really shine. But if activity slows down, that unlock schedule could put some pressure on the price.
Having said that, the MET launch is a pretty big deal in the Solana DeFi world. Think of it as a next‑level liquidity protocol now putting out its own governance and utility token. For early movers, it’s a chance to get in on the ground floor—especially if you’re excited about its dynamic AMMs, launchpool setup, and smart liquidity tools.
Buy Meteora (MET) easily and secured on CoinW.
The MET token is the native utility and governance token of the Meteora protocol, a decentralized liquidity infrastructure built on the Solana blockchain. It powers dynamic Automated Market Makers (AMMs), liquidity pools, and governance decisions within the Meteora ecosystem.
Eligible users can claim their MET tokens through the official claim portal at app.meteora.ag. The claim period began on October 23, 2025, and will remain open until April 23, 2026. Participants must connect a compatible Solana wallet (e.g., Phantom, Solflare) and pay minimal network fees to complete the claim.
Eligibility for the MET airdrop is determined based on a snapshot taken on June 30, 2025. Eligible participants include:
The Liquidity Distributor NFT is an optional feature that allows participants to earn trading fees by providing liquidity to the DAMM v2 pool. Jupiter stakers are automatically opted in, while others can claim the NFT on a first-come, first-served basis. Once claimed, the NFT represents a share of the liquidity pool, and participants can withdraw their position at any time.
Meteora employs a "Phoenix Rising Plan," which involves a 100% unlock of all non-team and non-reserve allocations at the Token Generation Event (TGE). Team and reserve allocations, comprising 52% of the total supply, are vested linearly over six years. This approach aims to provide transparency and reduce early selling pressure.

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