Discover Meteora, a DeFi project on Solana offering secure, flexible yield optimization through dynamic liquidity allocation and AMM pools.
About Meteora
Meteora is a liquidity infrastructure suite built for Solana. It offers several market-making and token-launch primitives that help traders, liquidity providers (LPs), and creators bootstrap, trade, and manage liquidity efficiently. The core products include DLMM (Dynamic Liquidity Market Maker), DAMM v1/v2 (Dynamic AMMs), and DBC (Dynamic Bonding Curve) for token launches. Together, these tools let you create pools, concentrate liquidity at chosen price ranges, launch tokens on customizable curves, and use dynamic fees that adapt to volatility—without leaving Solana.
Beyond the core AMM and launch primitives, Meteora also ships complementary products that solve practical needs around launches and LP operations: Alpha Vault (anti-bot deposits before trading begins), Stake2Earn (share trading fees with token stakers), Dynamic Vaults (route idle assets to lending yields for DAMM pools), Meteora Lock (open-source token locking and vesting), and Dynamic Fee Sharing (beta).
These features round out a full-stack experience for projects and LPs that want to build, launch, and maintain liquid markets on Solana.
Meteora Features
A quick overview to help you spot the right feature for your workflow.
Built-in trading interface
Buy and sell directly from the token’s page within the platform.
Swap
Direct token-to-token trades with DEX routing and slippage control.
What makes Meteora special?
Meteora stands out by tightly integrating launch-to-liquidity workflows on Solana. Instead of treating token issuance, anti-bot measures, liquidity concentration, and fee-sharing as separate steps, Meteora unifies them:
Bin-based, volatility-aware market making
DLMM’s discrete price bins let LPs concentrate where they want and earn dynamic fees that automatically react to volatility. This design seeks to balance execution quality for traders with improved fee capture for LPs—especially around volatile events like launches.
Launch-ready from day one
With DBC for programmable pricing curves and “graduation” to DAMM when a threshold is met, creators can move from mint to liquid markets without manual handoffs. Alpha Vault and Meteora Lock add practical guardrails for early users and vesting.
Pricing
Discover the pricing options available for Meteora
Meteora employs a dynamic fee model where transaction costs depend on trading volumes and pool configurations.
The platform ensures competitive fees for both traders and liquidity providers, aligning with the goal of maximizing returns for users.
Frequently Asked Questions
Get answers to the most common questions about this tool
What is Meteora?
Meteora is a liquidity protocol on the Solana blockchain that has evolved from its predecessor, Mercurial. It introduces the Dynamic Liquidity Market Maker (DLMM) system to improve efficiency and trading outcomes in decentralized finance (DeFi).
How does the DLMM system work?
The DLMM system enhances traditional liquidity provision by dynamically adjusting liquidity based on market conditions.
This includes concentrating liquidity at current price levels to reduce slippage and dynamically adjusting fees to optimize earnings for liquidity providers.
Are there any risks involved in participating in Meteora's DLMM pools?
As with any investment in DeFi, participating in DLMM pools involves risks such as impermanent loss, especially in volatile market conditions.
However, Meteora's dynamic approaches aim to mitigate these risks. It's important to regularly review and manage your investments according to market changes.
What is DLMM in plain terms?
DLMM organizes liquidity into price “bins” and charges dynamic fees that react to volatility. Within an active bin, trades experience zero slippage; fees rise or fall based on market conditions.
How is DAMM v2 different from DAMM v1?
DAMM v2 is a new constant-product AMM program with options for concentrated liquidity and position NFTs and additional features to optimize transaction fees. It’s not an upgrade of v1, but a separate program with expanded flexibility.
What is DBC used for?
DBC (Dynamic Bonding Curve) is a customizable token-launch curve. A token starts trading on the curve and graduates to a DAMM pool once it meets the minimum quote threshold.
How are DLMM fees calculated?
DLMM fees include a base fee (configured by the pool creator using a base factor and bin step) plus a variable fee tied to real-time volatility (swap frequency and number of bins crossed). Fees are computed per bin and claimable by LPs.