Meteora

Meteora runs liquidity pools and token-launch tools on Solana; MET, launched in October 2025, is its token.

Meteora is a liquidity protocol on Solana. Its products include DLMM and DAMM v2 pools, where liquidity providers earn trading fees, and the Dynamic Bonding Curve, a tool that many launchpads use to launch new tokens. Meteora takes a share of trading fees, from 10% to 50% depending on the pool type. An older product, Dynamic Vaults, places idle pool liquidity in external lending strategies.

MET launched on 23 October 2025 with a supply of 1 billion. Large shares went to holders of the earlier Mercurial project and to liquidity providers; the team (18%) and the Meteora Reserve (34%) vest over 72 months. Meteora tracks MET buybacks paid in USDC on its investor-relations site.

DefiLlama showed about $328 million locked in Meteora at the start of October 2026. MET trades on Binance, Upbit, Bybit, OKX and in Meteora’s own pools.