Meteora Finance (MET)
Meteora is a leading AMM protocol on the Solana blockchain with over $800M in TVL, according to DeFiLlama. It enables liquidity providers to earn the best fees on their capital by introducing dynamic fees for volatile markets. Currently, there is no clear information about the upcoming Meteora token, but the team has already confirmed its imminent release during an AMA session.
While information about Meteora's funding is absent, it is clear that Meteora was founded by the same core team as Jupiter DEX, suggesting that some of Jupiter’s funding may have been used for Meteora's development.
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