What is Meteora (MET)

Learned by 592 usersPublished on 2024.04.01Last updated on 2025.10.29

met

Meteora

MET

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0.47

+1.02%

  • Last Price0.47
  • All-Time High0
  • Turnover (24h)12.80M
  • All-Time Low0

Note: The project description is sourced from official materials provided by the project team. However, it is important to note that these materials may be outdated, contain errors, or omit certain details. The provided content is for reference purposes only and should not be considered investment advice. HTX does not assume any liability for any direct or indirect losses incurred as a result of relying on this information.

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I. Project Introduction

1. What Is Meteora?
Meteora is a DeFi liquidity protocol on Solana, dedicated to building the most secure, sustainable, and composable liquidity layer for Solana and DeFi. By utilizing Meteora's DAMM v1/v2, DLMM, and DBC pools, liquidity providers can reap optimal fees and capital returns, thereby bringing sustainable long-term liquidity to the platform.


2. How Does Meteora Work?
Originally launched in 2021 under the name Mercurial Finance, the project was rebranded to Meteora in 2022. Its main DeFi products include:
- DLMM Pool: Dynamic Liquidity Market Maker (DLMM) allows LPs to earn dynamic fees by leveraging volatility and precise liquidity concentration.
- Dynamic AMM Pool: It supports constant product AMM with token prices ranging from 0 to infinity. LPs can earn additional yield by utilizing lending sources and traditional swap fees, enhancing their returns.
- Memecoin Pool: A subset of dynamic AMM pools designed to support the launch and liquidity of memecoins.
- M3M3 Pool: A pool with staking mechanisms that allow top token stakers to earn swap fees from locked liquidity.
- Meteora Launch Pool: A DLMM pool specifically designed for new token launches. It is equipped with features that make itself ideal for guiding new token liquidity and enabling tokens to be used on Jupiter and other trading integrations.
- Dynamic Vault: Dynamic vault optimizes capital utilization by dynamically allocating assets to lending pools, generating yields for liquidity providers (LPs) on dynamic AMM and Memecoin pools.
- Non-Pegged Stable Pools (e.g., LST): These pools are tailored for non-pegged assets, maintaining the pegged value of assets within the pools to maximize capital efficiency.
- Multi-Token Stable Pools: These pools effectively combine the liquidity of multiple assets into one pool, allowing LPs to diversify their holdings and optimize capital utilization.


3. Who Founded Meteora?
Meow (@weremeow): Co-founder of Jupiter and Meteora, with over 750k followers on Twitter (now X).
Zen (@realdezen): Co-founder of Meteora, with 1,430 followers on Twitter (now X).
SIONG (@sssionggg): Co-founder of Jupiter and Meteora. He graduated from the University of Illinois at Urbana-Champaign. During university, he co-founded GraffitiGeo, which was funded by Y Combinator and later acquired by Loopt. https://www.linkedin.com/in/siong/

4. Meteora Tokenomics
Token Name: $MET, with a total supply of 1,000,000,000
Mercurial Stakeholders: 15%
Mercurial Reserve: 5%
LP Incentive Program: 15%
Launchpads & Launchpool Ecosystem: 3%
Off-chain Contributors: 2%
Jupiter Stakers: 3%
Centralized Exchanges & Market Makers: 3%
M3M3 Stakeholders: 2%
Team: 18%, linear vesting over 6 years
Meteora Ecosystem Reserve: 34%, linearly vesting over 6 years

5. Timeline of Key Milestones
In December 2022, Mercurial was rebranded to Meteora with plans to improve its branding, governance, etc. Mercurial's lending vaults and AMM were launched as independent projects under the name Meteora, and a DAO was introduced to allow token holders to participate in project governance.
In April 2025, Meteora announced the launch of the DAMM V2 token release platform optimized for liquidity providers, supporting SPL and Token2022 standards, and enabling single-sided token issuance.
In June 2025, Meteora announced two upgrades: Creators can receive fees immediately after platform release without waiting for token launches. Additionally, Meteora will migrate fee parameters, allowing partners to customize liquidity flows from joint curves to AMM, suitable for teams aiming to capitalize on DAO or strategically allocate fundraising.
In October 2025, the Meteora token was officially launched.


II. Token Information

1) Basic Information
Token name:Meteora(MET)

III. Related Links

Website: https://www.meteora.ag/
Explorers： https://solscan.io/token/METvsvVRapdj9cFLzq4Tr43xK4tAjQfwX76z3n6mWQL
Socials： https://twitter.com/MeteoraAG


Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. HTX does not take responsibility for any resulting direct or indirect losses.

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