Meteora has quickly become one of the most talked-about decentralized finance (DeFi) projects on Solana, and its upcoming native asset, the MET token, is set to play a central role. With the Token Generation Event (TGE) confirmed for October 23, 2025, the community is watching closely. So, what is MET, and why is this launch so important?
What is MET and how does it work in Meteora?
The MET token is designed as the utility and governance token for Meteora. The protocol itself is focused on liquidity provisioning, using tools like the Dynamic Liquidity Market Maker (DLMM), dynamic AMM pools, and vaults to optimize capital efficiency. MET will give holders the ability to participate in governance, and it is expected to be integrated across the ecosystem to provide staking rewards, fee discounts, or other platform benefits.
What are the MET tokenomics and distribution plans?
The proposed total supply of MET is 1 billion tokens. A large portion of this—around 25%—is allocated for liquidity rewards and the TGE reserve. Early adopters who participated in the Season 1 and Season 2 points farming campaigns will receive allocations via an airdrop. The final tokenomics, including vesting schedules for the team and investors, remain highly anticipated by the community.
When is the Meteora TGE and how will the airdrop work?
The official TGE date is October 23, 2025. On that day, users who farmed points through liquidity provision in DLMM pools and other activities will be able to claim their airdropped tokens via Meteora's Airdrop Claim tool. The team has also proposed allocating 3% of the TGE fund to Jupiter ($JUP) stakers through liquidity position NFTs, aimed at creating instant deep liquidity for MET/USDC trading.
What exist concerns around the launch?
While excitement is high, analysts have raised concerns about the concentration of rewards in launch pools. There is speculation about potential sell pressure immediately after the TGE, which could affect the initial price performance. Much depends on the final tokenomics, especially vesting structures, to ensure sustainability.
Conclusion
The MET token launch marks a major milestone for Meteora and the Solana ecosystem. With governance rights, utility within the protocol, and a highly anticipated airdrop, MET is positioned to capture strong community engagement. Investors and users alike will be watching October 23 closely to see how the token performs and how the team navigates the early market dynamics.
