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Binance Academy
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What is Meteora (MET)?
Key points
Meteora (MET) is a decentralized liquidity platform built on the Solana blockchain. Its goal is to make trading, yield generation, and token launches more efficient across the Solana DeFi ecosystem.
The project started in 2021 under the name Mercurial Finance, but was renamed Meteora in 2023. Its main innovations include the Dynamic Liquidity Market Maker (DLMM) and the Dynamic Automated Market Maker (DAMM), which adjust liquidity and fees in real time according to market conditions.
Meteora (MET) is a decentralized liquidity platform built on the Solana blockchain. Its goal is to make trading, yield generation, and token launches more efficient across the Solana DeFi ecosystem.
The project started in 2021 under the name Mercurial Finance, but was renamed Meteora in 2023. Its main innovations include the Dynamic Liquidity Market Maker (DLMM) and the Dynamic Automated Market Maker (DAMM), which adjust liquidity and fees in real time according to market conditions.
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