Meteora 

MET Price

What is Meteora crypto?

Meteora is a decentralized exchange and dynamic liquidity infrastructure layer on Solana. The protocol runs three core products: DLMM, a liquidity market maker with concentrated bin-based liquidity; Dynamic Vaults, automated yield strategies for stable and volatile assets; and DAMM v2, an AMM used heavily to seed liquidity for new Solana token launches. Meteora grew out of the Mercurial protocol and now serves liquidity providers, launch teams, and traders across one of the largest LP communities on Solana. DropsTab classifies MET under DEX, DeFi, Solana Ecosystem, and Launchpad.

How does Meteora work on Solana?

Meteora routes liquidity through three products. DLMM concentrates liquidity into discrete price bins, so liquidity providers earn fees within chosen price ranges. Dynamic Vaults automate yield strategies for stable and volatile assets. DAMM v2, a dynamic AMM, hosts launch liquidity for new tokens, and Meteora bootstrapped its own MET liquidity on a DAMM v2 pool at the token generation event. Traders reach these pools directly or through aggregators such as Jupiter.

Does Meteora have its own token (MET)?

Meteora has a native token, MET, launched at the token generation event on October 23, 2025. MET is an SPL token on Solana, verifiable on Solscan under the address METvsvVRapdj9cFLzq4Tr43xK4tAjQfwX76z3n6mWQL. The token carries utility and governance functions across the Meteora DEX ecosystem. A maximum supply of 1,000,000,000 MET is recorded on DropsTab.

What is MET's maximum supply and token allocation?

MET has a hard maximum supply of 1,000,000,000 tokens. Per DropsTab data, the supply splits across 10 allocation buckets and none of them goes to venture-capital investors: Ecosystem Reserve holds 34%, Team holds 18%, Mercurial Stakeholders hold 15%, and the LP Stimulus Plan holds 15%. Six smaller buckets cover Mercurial Reserve, CEX and market-maker allocations, Jupiter stakers, launchpads, M3M3 stakeholders, and off-chain contributors.

How does MET's token unlock schedule affect sell pressure?

MET's vesting creates a recurring unlock tail through 2031. Per DropsTab data, the token generation event on October 23, 2025 released 43% of supply in full across seven buckets, while Team and Ecosystem Reserve vest linearly each month with no cliff. These two schedules together add roughly 7.1 million MET, about 0.71% of maximum supply, to circulation every month through October 2031. That recurring issuance is a steady source of potential sell pressure over six years.

Who backed Meteora?

DropsTab records no venture-capital token round for Meteora. Per DropsTab data, the funding history lists a single event: a Binance Alpha sale on October 23, 2025, timed to the MET token generation event. The allocation table carries no investor bucket, so unlock risk concentrates in Team and Mercurial allocations rather than in VC holdings. The structure signals a community-first launch: per the official TGE article, 48% of supply was distributed to the community at launch.

What did the Meteora airdrop reward, and who qualified?

The MET airdrop rewarded active contributors, community members, and early ecosystem supporters. The claim window ran from October 23, 2025 to April 23, 2026, with claims handled natively in the Meteora app or through the Liquidity Distributor NFT. The same token generation event activated a Liquidity Distributor that bootstrapped the initial DAMM v2 pool with 10% of supply: 3% auto-opted-in for Jupiter stakers and 7% first-come-first-served. Meteora also ran the LP Army Bootcamp, an educational rewards campaign, in February 2025.

Where can you buy MET?

MET trades on major centralized exchanges and on Solana DEXs. Venue coverage recorded on DropsTab includes Binance (spot listing followed the TGE in November 2025, plus a USDT perpetual), Bybit, OKX, KuCoin Futures, WhiteBIT, Gate.io, and Coinbase. On-chain, MET liquidity sits on Meteora's own DAMM v2 pool, with routing through the Jupiter aggregator across Solana pools. This combination of top-tier centralized spot coverage and native DEX depth keeps liquidity risk low.

Why is Meteora well known on Solana?

Meteora is known for its dynamic liquidity architecture and for a central role in Solana token launches. The protocol evolved from Mercurial, a Solana stablecoin liquidity project, and the DLMM design lets liquidity providers concentrate capital in the most active price bins. DAMM v2 has become a standard launch venue for new Solana tokens, which ties Meteora to one of the largest liquidity-provider communities on the network. The MET launch itself used this infrastructure through the Liquidity Distributor mechanism.