Meteora TGE Sparks Hype But Raises Allocation Concerns
Meteora, the main dynamic liquidity protocol on Solana, has entered a “sizzling” part because it introduced plans to carry its Token Generation Event (TGE) in October, with MET because the core token.
Meteora’s factors system has already attracted tons of of hundreds of wallets. This occasion will possible create a brand new wave within the DeFi market alongside the present system. However, it additionally carries important dangers from allocation and sell-off pressures. It will likely be an important take a look at of Meteora’s potential breakthrough in This fall 2025.
What is Meteora?
Meteora is a dynamic liquidity protocol inside the Solana (SOL) ecosystem. It is widely known for its Dynamic Liquidity Market Maker (DLMM) mannequin, which permits optimized capital effectivity and buying and selling charges.
Meteora has made round $10 million in income prior to now 30 days. Almost all of this income is from memecoin buying and selling exercise. August was Meteora’s second-best month on file for SOL-Stablecoin volumes with $5.5 billion.
Meteora has over $700 million in TVL, $300 million in stablecoins, and over $150 million in SOL. Jupiter (JUP) is the most well-liked DEX aggregator (80% of DEX aggregator quantity) that Meteora merchants use. Retail/permissionless swimming pools earned over $15 billion final month in LP charges, and meme coin swimming pools had been the most well-liked.
MET Token Generation Event
The venture has officially confirmed internet hosting a Token Generation Event (TGE) in October, with MET because the central component. This represents a pivotal second for Meteora and the broader Solana ecosystem, as MET will turn out to be a direct hyperlink inside the liquidity mechanisms the venture is constructing. How MET is built-in into liquidity swimming pools, staking applications, or incentive buildings will considerably impression the token’s intrinsic worth and the market’s response instantly after TGE.
The distribution of MET tokens for Season 1 relies on a factors mechanism. The information exhibits roughly 327.7 billion factors (2024) had been distributed throughout 328,976 wallets. Additionally, 565.3 billion factors (2025) had been distributed throughout 287,687 wallets. The launch pool distributed 307.7 billion factors throughout 24,929 wallets.
This allocation highlights a major imbalance in focus. While tons of of hundreds of wallets acquired factors from common actions, solely about twenty-five thousand within the launch pool captured a disproportionately massive share.
In explicit, the “Airdrop Claim” mechanism, which permits customers to say tokens immediately from the pool, can speed up liquidity however can also expose the market to sudden worth fluctuations if not adequately managed. This means larger reward focus and the chance of serious promote strain as quickly as Meteora’s TGE happens.
However, MET has not but formally disclosed the complete particulars of its tokenomics. These lacking particulars embrace complete provide distribution, group allocation, and group vesting schedules. The firm additionally hasn’t revealed DAO vesting or any cliff schedules. Previously, Meteora proposed allocating 25% of the MET token provide to Liquidity Rewards and TGE Reserve.
The October TGE is a decisive milestone for Meteora. It marks MET’s official debut and is a real-world take a look at of the protocol’s dynamic liquidity mannequin. Still, dangers of concentrated allocations, probably unfavorable vesting phrases, and post-airdrop promote strain stay challenges that buyers should rigorously navigate.
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