Meteora, a leading Solana-based DeFi liquidity protocol, officially launched its MET Allocation Checker on October 16, 2025 at 12:00 UTC. The Token Generation Event (TGE) and airdrop claim will take place on October 23, 2025.
This airdrop allocates 15% of total supply for community rewards through Season 1 and Season 2 participants, plus an additional 10% via Liquidity Distributor mechanism. Users have until April 23, 2026 (~6 months) to claim their tokens. Below are the full steps to claim the Meteora airdrop.
What is Meteora?
Meteora is a DeFi liquidity protocol built on Solana that makes liquidity provision smarter and more profitable. Instead of the old-school constant product AMM model, Meteora uses Dynamic Liquidity Market Maker (DLMM) technology that automatically adjusts liquidity and fees based on what's actually happening in the market.
What makes it special? Meteora lets liquidity providers set custom price ranges and earn better yields by tapping into lending protocols like Solend and Marginfi when liquidity is sitting idle. Since launching, it's become one of the fastest-growing liquidity platforms on Solana, competing head-to-head with big names like Raydium and Orca.
How to claim Meteora airdrop
- Go to https://met.meteora.ag
- Connect your Solana wallet (Phantom, Solflare, or other compatible wallets).
- The system will automatically detect your eligibility based on Season 1 and Season 2 activities.
- Review your MET allocation details on the checker.
- Optional: Choose to participate as a Liquidity Distributor NFT holder (7% supply available on first-come, first-served basis - JUP stakers are already opted in).
- On October 23, 2025 (TGE day), return to the portal to claim your $MET tokens.
- If you opted into the Liquidity Distributor, you'll receive an LP position that generates trading fees immediately.
NOTE:
- The MET Allocation Checker went live on October 16, 2025 at 12:00 UTC.
- The registration deadline for Liquidity Distributor NFT is October 19, 2025 at 3:00 PM UTC (23:00 UTC+8)
- TGE and claim will open on October 23, 2025 (exact time TBA).
- You have until April 23, 2026 (~6 months) to claim your airdrop.
- No registration is required for the standard airdrop - only if you want to opt into Liquidity Distributor.
- All JUP (Jupiter) stakers are automatically opted into the Liquidity Distributor.
Tip: If you're not eligible for the $MET airdrop, you can buy $MET on premarket at Whales Market before the TGE.
About Meteora airdrop
The $MET airdrop is allocated across multiple categories to reward active participants in the Meteora ecosystem:
LP Stimulus Plan (15% of total supply):
- Total allocation for community airdrop through points system
- Season 1: Points earned from liquidity provision until June 30, 2025 (snapshot date)
- Season 2: Points earned from July 1, 2025 onwards
- 1,000 points earned per $1 in trading fees generated from liquidity positions
- Eligible activities: Providing liquidity in DLMM and DAMM V2 pools
- All 3,800 Season 1 appeals were approved for fair distribution
Liquidity Distributor NFT (10% of total supply):
- 3% automatically allocated to JUP (Jupiter) stakers
- 7% available to community on first-come, first-served basis
- Registration deadline: October 19, 2025 at 3:00 PM UTC (23:00 UTC+8)
- Participants receive LP positions in the MET/USDC launch pool
- Earn trading fees from day one of MET trading
- Wide price range ($500M - $7.5B FDV) to minimize divergence loss
Eligibility Criteria:
- Active liquidity providers in Meteora's DLMM and DAMM V2 pools
- Users who generated trading fees through their LP positions
- Participants in Meteora's vaults and dynamic fee-sharing mechanisms
- Jupiter (JUP) stakers automatically opted into Liquidity Distributor
$MET Information Details
Token Key Metrics
Here is the information of $MET:
- Token Name: Meteora.
- Ticker: $MET.
- Token Type: Utility and Governance.
- Total Supply: 1 billion (1,000,000,000).
- Blockchain: Solana.
- Contract Address (CA): TBA (Will be announced on TGE day).
Meteora ($MET) Listing Information
Here are the key listing details for $MET:
- TGE & Listing Date: October 23, 2025.
- Listing Time: TBA.
- Confirmed CEX Listings: TBA (Expected on major exchanges).
- MET Pre-market Price (Whales Market): $1.12.
Meteora Tokenomics & Fundraising
Tokenomics
Total Supply: 1 billion MET tokens
TGE Allocation:
Circulating Supply (48%):
- Mercurial Stakeholders 15%
- LP Stimulus Plan 15%
- Mercurial Reserve 5%
- Launch Pools & Launchpad Ecosystem 3%
- Jupiter Stakers 3%
- CEX & MM 3%
- Off-chain Contributors 2%
- M3M3 Stakeholders 2%
Non-Circulating Supply (52%):
- Meteora Ecosystem Reserve 34%
- Team 18%
Vesting Schedule:
- 48% circulating at TGE (community-focused allocation).
- 52% subject to 6-year vesting (Team & Meteora Reserve).
Launch Mechanism:
- Constant Product AMM launch pool.
- Wide price range ($0.50 - $7.50 FDV range).
- Designed to minimize divergence loss for LPs.
- Fair launch approach with high community allocation.
Fundraising
OkAs the rebranded version of Mercurial Finance, Meteora has raised a total of $3.5 million in seed funding. The project is backed by prominent investors including OKX Ventures, Solana Ventures, Alameda Research…..
Meteora relaunched from Mercurial Finance in late 2022 following the FTX collapse, restructuring its tokenomics to create a more sustainable and community-focused model. The project has since become one of the leading liquidity protocols on Solana, consistently ranking in the top DeFi platforms by Total Value Locked (TVL).
Disclaimer: This article is for informational purposes only, not investment advice, and Whales Market is not responsible for any of your investment decisions.
FAQs
Q1: What is Meteora ($MET)?
Meteora is a high-performance DeFi liquidity protocol on Solana that utilizes Dynamic Liquidity Market Maker (DLMM) technology to optimize capital efficiency and maximize yields for liquidity providers while reducing slippage for traders.
Q2: Who are Meteora backers?
Meteora backers include Coinbase Ventures, Jump Capital, Solana Ventures, Alameda Research, and Arche Fund.
Q3: How much has Meteora raised?
Meteora (formerly Mercurial Finance) has raised $3.5M in seed funding from leading crypto investors.
Q4: What is the price of Meteora ($MET) today?
While Meteora ($MET) hasn't been listed yet, users can trade $MET pre-market at $1.12 on Whales Market before the TGE. Here you can trade $MET before the asset gets listed on leading CEXes like Binance, Bybit or OKX.
Q5: How to trade $MET (Meteora) on Whales Market?
If you want to trade $MET (Meteora) on Whales Market, you can either create an offer or buy/sell from other users' offers. For full details, please read the Whales Market docs.
Q6: When is the Meteora TGE?
The Meteora Token Generation Event (TGE) is scheduled for October 23, 2025. The exact time will be announced closer to the date on Meteora's official Twitter and Discord channels.
Q7: What is the Liquidity Distributor NFT?
The Liquidity Distributor NFT represents a unique mechanism where holders provide liquidity to the MET/USDC launch pool and earn trading fees from day one. 10% of total supply is allocated through this mechanism, with 3% for JUP stakers and 7% for community on a first-come, first-served basis.