$MET Meteora generated approximately $20.3 million in fee revenue over the past 30 days; just in the last 24 hours, it received $1.03 million. Active addresses surpassed 151,000, and the number of transactions increased from 2.96 million to 4.19 million. The funding rate has remained slightly positive at 0.006%, with long positions paying moderately—still not at a level of leverage crowding—leaving room for further continuation of the spot-led uptrend.
Operating as a Solana liquidity infrastructure layer since February 2023, Meteora has cumulatively processed transaction volume exceeding $208 billion. Its current TVL is over $800 million. The project allocates 88% of its quarterly revenue to buy back and burn MET tokens, directly countering dilution pressure caused by token issuance, making it one of the few DeFi protocols in the Solana ecosystem that directly links protocol revenue to token value.
Operating as a Solana liquidity infrastructure layer since February 2023, Meteora has cumulatively processed transaction volume exceeding $208 billion. Its current TVL is over $800 million. The project allocates 88% of its quarterly revenue to buy back and burn MET tokens, directly countering dilution pressure caused by token issuance, making it one of the few DeFi protocols in the Solana ecosystem that directly links protocol revenue to token value.