Meteora

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.

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.