Meteora Price Today – Live MET Chart

What is Meteora?

Meteora is a liquidity infrastructure protocol on Solana. Rather than being a single exchange front-end, it provides the pool designs and vault machinery that other Solana applications route their trades and deposits through, which is why its volume often shows up inside aggregators and launchpads rather than on a site of its own.

Its best-known component is the DLMM — a dynamic liquidity market maker that organises a pool into discrete price bins instead of one continuous curve. A liquidity provider chooses which bins to sit in, so capital can be concentrated tightly around the current price or spread deliberately wide. Bins also let the protocol apply a dynamic fee that rises when a pool is being traded through quickly, which is intended to compensate providers during exactly the volatile stretches that normally hurt them most.

Alongside the DLMM, Meteora runs dynamic AMM pools and dynamic vaults. The vaults route idle deposits into Solana lending venues and rebalance across them, so assets that would otherwise sit still inside a pool earn a yield while remaining available for swaps. This combination — concentrated pool shapes plus productive idle capital — is the protocol's central pitch to liquidity providers.

Meteora has also become a common venue for new Solana token launches, supplying the initial pool structure and fee configuration that a launch needs. That role ties its activity closely to the pace of Solana issuance: busy launch periods drive a large share of the fees the protocol collects.

The MET token has a maximum supply of one billion, of which roughly 998 million had been issued and about 545 million were circulating at the time of writing. Those figures move as unlocks proceed, and the live market cap shown above is calculated from the circulating figure rather than the maximum, which is why it can differ substantially from a fully diluted valuation quoted elsewhere.

For traders, the practical points are that MET is a Solana-native asset, that its demand is linked to activity in Solana DeFi rather than to a broad market narrative, and that a meaningful share of supply remains to be released. The MET Spot Markets table on this page lists the spot venues where MET trades, with each venue's price and 24-hour volume; its Binance perpetual is a separate, leveraged futures market.

Key Features of Meteora

• DLMM with discrete price bins: Liquidity is organised into bins rather than one continuous curve, letting providers concentrate capital tightly around the current price or deliberately spread it wider. The bin structure is also what makes a volatility-responsive fee possible.
• Dynamic fees that rise with activity: Fees scale with how quickly a pool is being traded through, so providers are compensated more during the fast markets that usually cost them the most through adverse selection.
• Dynamic vaults over lending venues: Idle deposits are routed into Solana lending markets and rebalanced across them, so capital earns while it waits to be traded against instead of sitting inert inside a pool.
• Infrastructure other apps route through: Meteora is consumed by aggregators, wallets and launchpads rather than competing for end users directly, so its volume tends to surface inside other Solana products.
• Launch venue for new Solana tokens: The protocol supplies initial pool structure and fee configuration for token launches, which ties a meaningful share of its fee income to the pace of new Solana issuance.

Meteora Use Cases

• Providing concentrated liquidity: Choosing specific bins around the current price to earn a larger share of fees per unit of capital, accepting tighter rebalancing requirements in exchange.
• Earning on otherwise idle capital: Depositing into dynamic vaults so assets generate lending yield while remaining available as swap liquidity.
• Routing swaps as an application: Integrating Meteora pools as an execution venue inside an aggregator, wallet or trading interface.
• Launching a token with structured liquidity: Using the protocol's pool and fee configuration to open a market for a new Solana asset rather than assembling one from scratch.

Meteora Tokenomics

Total Supply

Maximum supply is one billion MET. Approximately 998 million had been issued at the time of writing.

Circulating

Roughly 545 million MET were circulating, a little over half the maximum. Market capitalisation on this page is calculated from the circulating figure, so a fully diluted valuation quoted elsewhere against the one billion maximum will be substantially larger.

Utility

MET is the token of the Meteora liquidity protocol on Solana. Because token roles are frequently revised as a protocol matures, the project's own documentation is the authority on what MET confers at any given moment; what can be stated from market data is where it trades and how much 24-hour volume those markets carry.

Emission

A material share of supply remains unreleased, so scheduled unlocks are a recurring source of sell-side pressure to watch. Consult the project's published schedule for exact dates and amounts rather than inferring them from circulating-supply changes.

How to Buy Meteora

1. 1

   Check where MET is actually quoted

   Use the MET Spot Markets table on this page. It lists the spot exchanges we track that carry MET, so you know where the token itself trades before opening an account; perpetual futures are not listed there.

2. 2

   Choose spot or derivative deliberately

   A perpetual gives exposure with leverage but never delivers the token and carries funding costs. If you intend to hold MET or use it on Solana, you need a spot venue or an on-chain swap instead.

3. 3

   Fund the account

   Most venues quote MET against USDT. Deposit stablecoins or fiat according to what your exchange supports, and account for the network fee on whichever chain you transfer over.

4. 4

   Place the order with a limit

   Mid-cap tokens can have thin books outside peak hours. A limit order protects you from paying an unexpected spread; a market order in a thin book can fill materially away from the price displayed.

5. 5

   Withdraw to self-custody if holding

   MET is a Solana asset, so withdraw over Solana to a wallet you control and verify the token address against the project's own documentation before accepting any transfer.

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