Meteora Gears Up for October MET Token Debut, DeFi Market on Alert

Meteora, Solana’s top dynamic liquidity protocol, is preparing a pivotal Token Generation Event (TGE) this October to launch its MET token—an inflection point for both the project and the wider Solana DeFi ecosystem.

Known for its Dynamic Liquidity Market Maker (DLMM) model, Meteora has delivered striking numbers ahead of the launch: roughly $10 million in revenue over the past month, largely from memecoin trading, with August alone posting $5.5 billion in SOL–stablecoin volume. Total value locked has surpassed $700 million, including $300 million in stablecoins and $150 million in SOL.

The TGE will leverage a points-based distribution system. In 2024, users accrued 327.7 billion points across nearly 329,000 wallets; in 2025, that figure rose to 565.3 billion points across 287,687 wallets. Yet only about 25,000 launch-pool participants captured 307.7 billion points—revealing a concentration that could intensify early selling pressure. An “Airdrop Claim” mechanism designed to boost liquidity may further heighten market volatility if large holders move quickly to sell.

Key tokenomics remain undisclosed, including total supply details, community allocation, and team vesting schedules. Meteora previously floated allocating 25% of MET to liquidity rewards and a TGE reserve, but final numbers are unconfirmed.

Investors now face a classic DeFi trade-off: the potential for outsized gains from a high-growth protocol versus the risks of concentrated allocations and post-airdrop sell-offs. How MET integrates into liquidity pools, staking incentives, and broader ecosystem dynamics will determine whether Meteora’s October TGE becomes a breakout success or a cautionary tale.