Meteora, a Solana ecosystem liquidity protocol, has announced its Token Generation Event (TGE) is scheduled for October, aiming to further enhance Solana's decentralized finance landscape.

Executive Summary

Meteora, a prominent Solana ecosystem liquidity protocol, announced its Token Generation Event (TGE) will occur in October. This signals a significant advancement for the protocol and is anticipated to enhance liquidity and activity within the broader Solana DeFi ecosystem.

The Event in Detail

Meteora, a liquidity protocol built on the Solana blockchain, officially announced on September 10th that its Token Generation Event (TGE) is slated for October. The protocol has confirmed it has entered "TGE preparation mode" for the launch of its native token, MET. Preparatory activities included the snapshot of Q1 points on June 30th, with Q2 activities currently underway. The distribution of Q1 points involved approximately 327.7 billion 2024 points across 328,976 wallets, 565.3 billion 2025 points across 287,687 wallets, and 307.7 billion launch pool points across 24,929 wallets.

Deconstructing Financial Mechanics

The tokenomics for Meteora's MET token specify that the total supply will comprise a 20% team allocation (with 2% distributed to m3m3 holders, making the effective team allocation 18%), 15% allocated for liquidity provider (LP) incentives, and 3% for Launchpad allocations. At the time of the TGE, the initial circulating supply is projected to be between 35% and 40% of the total supply. The team's portion of the tokens will be subject to a release period extending up to six years. Meteora operates as a Solana-based Decentralized Exchange (DEX), distinguishing itself with innovative products such as DLMM Pools, Dynamic AMM Pools, and Dynamic Vaults, which are designed to optimize liquidity provision and yield generation for users within the DeFi landscape.

Analysis of Business Strategy and Market Positioning

Meteora has demonstrated significant growth in trading volume, expanding from $987 million in December 2024 to $39.9 billion in January 2025. This surge enabled the protocol to capture over 15% of Solana's DEX market share. By February 2025, Meteora DEX further solidified its position, accounting for over 22% of the Solana DEX market share by volume, ranking third among Solana DEXes behind Raydium and Orca. The protocol's strategy centers on establishing itself as a premier liquidity hub on Solana, leveraging its deep liquidity, efficient yield strategies, and advanced anti-bot protections like Alpha Vault to set new standards in DeFi efficiency and sustainability.

Broader Market Implications

The impending TGE for Meteora is poised to significantly impact the Solana DeFi ecosystem. It is anticipated to increase overall liquidity and enhance activity within the network, potentially influencing Solana's Total Value Locked (TVL) and its native token price. The launch of MET is also expected to further solidify Meteora's role as a critical liquidity provider, contributing to the maturity and expansive growth of the Solana blockchain and its decentralized finance offerings. This development aligns with the broader trend of corporate and protocol adoption within the Web3 ecosystem, emphasizing the ongoing expansion of digital asset economies.