What is Meteora ($MET)? All about the Dynamic Liquidity Platform in 2025

Meteora is one of the leading DeFi platforms on Solana, focused on revolutionizing liquidity provision through its innovative Dynamic Liquidity Market Maker (DLMM). Launched in 2023, Meteora continues to drive efficiency in Solana DeFi liquidity in 2025. 

Key Takeaways

• Meteora ($MET) is a Solana-based DeFi platform specializing in dynamic liquidity solutions, optimizing returns for liquidity providers (LPs) and reducing slippage for traders.
• The $MET token is used for governance, staking, and incentivizing liquidity provision, with 15% of its total supply allocated to airdrops for Season 1 and Season 2 participants.

What is Meteora ($MET)?

Meteora is a decentralized finance (DeFi) platform built on the Solana blockchain, designed to optimize liquidity provision and trading efficiency. It introduces innovative features like the DLMM, which dynamically adjusts liquidity to maximize returns for LPs while minimizing slippage for traders. Meteora’s ecosystem also includes Dynamic Pools and Dynamic Vaults, which integrate with lending protocols to allocate idle assets for additional yield.

In 2025, Meteora has become a cornerstone of Solana’s DeFi ecosystem, enabling users to stake, provide liquidity, and participate in governance through the $MET token.

Specialities of Meteora

• Dynamic Liquidity Provision: Meteora’s DLMM adjusts liquidity dynamically based on market conditions, offering better capital efficiency compared to traditional AMMs.
• Liquidity Pool Incentives: Users provide liquidity in pools to earn trading fees and additional rewards.
• Integration with Lending Protocols: Meteora integrates with Solana-based lending protocols like Solend and Marginfi, allowing LPs to earn yields on idle assets.

Meteora Key Features

DLMM (Dynamic Liquidity Market Maker)

During its development, Meteora has structured the liquidity of each asset pair into discrete price bins. The reserves deposited into these liquidity bins are always available to be swapped at a predetermined price for that specific bin. Swaps executed within a bin’s price range experience no slippage.Liquidity Providers (LPs) of DLMM earn yields from standard liquidity provision fees as well as dynamic fees during periods of high market volatility.

Users are free to choose which token pairs they want to provide liquidity for. For each token pair, they can also select a liquidity shape that best matches their strategy:

• Spot: Offers an evenly distributed, flexible structure that allows LPs to easily adjust risk exposure in line with market conditions.
• Curve: Optimizes capital efficiency while minimizing the impact of market fluctuations.
• Bid-Ask: The inverse of Curve, designed for strategies like dollar-cost averaging (DCA) into or out of specific positions.

Dynamic AMM Pools

Meteora’s Dynamic AMM Pools are built on a capital allocation layer, where assets in the AMM pools are deposited directly into vaults and allocated across lending protocols. This mechanism generates yield and rewards, reducing dependency on unsustainable liquidity mining incentives.

Relying too heavily on liquidity mining to attract LPs is not sustainable and often leads to issues such as token inflation and LPs losing motivation once rewards dry up. Meteora’s Dynamic AMM mitigates this by efficiently allocating assets to earn yield in a sustainable manner.

Multitoken Stable Pool

This feature allows for efficient liquidity aggregation across multiple assets within a single pool. Additionally, Meteora is among the first to tackle several critical technical challenges, including optimizing algorithms to ensure computational units remain stable and compatible with the performance constraints of the Solana blockchain.

$MET Token Key Metrics

Here’s the information about $MET:

• Name: Meteora
• Ticker: $MET
• Total Supply: TBA
• Token Standard: SPL 
• Token Address: TBA

$MET’s Tokenomics & Fundraising 

Tokenomics

Meteora rebranded from Mercurial, which originally launched $MER. According to the project team, $MET, a new token that is completely separate from $MER. Currently, Meteora has not yet released its token or tokenomics, but the team has announced the following allocations:

• 15% of $MET will be distributed to liquidity providers on Meteora through airdrop.
• 20% of $MET will be allocated to MER holders as of the end of February 2022.

Total Supply: TBA

Circulating supply: TBA

Token Allocation: TBA

Fundraising 

Before rebranding, Mercurial went through 7 funding rounds, raising over $4.6 million in total. However, Meteora has not raised any funds since the rebrand.

Meteora ($MET) Listing Information  

• Listing Time: TBA
• Confirmed CEX Listings: TBA

$MET Utilities

The $MET token serves multiple purposes within the Meteora ecosystem:

• Governance: $MET holders can vote on protocol upgrades, fee structures, and pool parameters.
• Staking: Users can stake $MET to earn additional rewards or boost yields in liquidity pools.
• Liquidity Incentives: Providing liquidity in Meteora’s pools with $MET unlocks higher reward tiers.
• Fee Discounts: Staked $MET may offer reduced trading or withdrawal fees on the platform.

$MET Roadmap & Team

Roadmap 

Based on the latest updates in September 2025, Meteora is focusing on:

• $MET TGE in October 2025; 
• Collecting data from their point system
• Prepare the airdrop claim website. 
• Build, optimize the DBC and DAMM v2

Team 

Meteora was founded in 2023 by a team of DeFi and blockchain experts. One of the founding members is Mew. He is also the CEO of Jupiter, the largest DEX Aggregator in the Solana ecosystem.

Conclusion   

Meteora is redefining liquidity provision in DeFi with its innovative DLMM and integration with Solana’s ecosystem. With a strong focus on capital efficiency, user rewards, and governance, Meteora is well-positioned in Solana’s DeFi landscape right now. 

Disclaimer: This article is for informational purposes only, not investment advice, and Whales Market is not responsible for any of your investment decisions.

FAQs

Q1: When was $MET launched?

The exact launch date has not been officially confirmed. More details expected in early October 2025. 

Q2: What makes Meteora different from other AMMs?

Meteora’s Dynamic Liquidity Market Maker (DLMM) dynamically adjusts liquidity to optimize returns for LPs and reduce slippage for traders, unlike traditional AMMs.

Q3: How can I participate in Meteora’s airdrops?

Investors can participate by providing liquidity on Meteora during active airdrop seasons. The latest snapshot was June 30, 2025.

Q4: What chains does Meteora support?

Meteora primarily operates on Solana but is exploring cross-chain liquidity solutions for future expansion.

Q5: What is $MET price today?

$MET does not yet have an official market price since it has not been listed. However, Meteora Point is currently trading at around $0.000394 per point on the leading pre-market platform, Whales Market. Here, you can buy more Meteora Point or sell to take profit before it is officially listed on CEXs like Binance or Bybit. 

Q6: What is $MET pre-market price?

$MET has not been listed yet, but Meteora point does. As of September 5th 2025 2025, the pre-market price for Meteora Point is 0.21 on $0.000394. Whales Market is the leading pre-market DEX platform to trade pre-TGE tokens and allocations, with over $300 million in volume, no middlemen, trustless and on-chain.