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As reported by COINOTAG News on October 11, Solana liquidity protocol Meteora saw its native token MET listed for perpetual contract trading on Binance, registering a pre-market surge to $1.6352 and currently trading at $1.53, reflecting a fully diluted valuation of $15.3 billion.
Meteora published its official tokenomics, confirming a total supply of 1 billion tokens with 48% circulating at TGE. Allocations include 20% to Mercurial stakers, 15% to Meteora users via the LP incentive program, 3% to launchpads and launchpool ecosystems, 2% to off-chain contributors, 3% to Jupiter staking incentives, 3% to centralized exchanges and market makers, and 2% to M3M3 stakers.
The remaining distribution designates 18% to the team and 34% to the Meteora Reserve, both subject to a six-year vesting schedule, providing clarity on long-term dilution and governance considerations for investors assessing MET token exposure.
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