What Meteora governs
Meteora (MET) is a DeFi protocol governance token, currently ranked 282nd by market capitalization among the assets we track. Meteora is the governance token of a DeFi protocol: holding it is less like owning a currency and more like owning a vote over how the protocol runs — and, in some designs, a share of the fees it collects.
Meteora (MET) is a cryptocurrency designed to support a decentralized finance ecosystem, facilitating various financial applications and services. It aims to empower users with innovative tools for managing assets and investing.
How value is supposed to accrue
DeFi tokens are worth something when the protocol generates fees and routes value to holders — through revenue share, buybacks, or governance over a real treasury. Without that link, a governance token is just a vote.
Background & fundamentals
The project publishes a whitepaper documenting its original design, which is worth reading before sizing any position in MET. In sector terms it is most often filed under Recently Added, Solana (SOL) Token, and Decentralized Exchange (DEX).
Where Meteora sits in the market
With MET near $0.1610, Meteora carries a market capitalization of $77.28M. Around $9.66M changes hands across exchanges in a typical 24-hour window. That is a turnover of about 12.49% of the float — elevated, often a sign of narrative-driven trading.
Almost the entire MET supply is already in circulation (~100.0% of the 1B cap), so future dilution is effectively off the table. MET remains -74% beneath its all-time high of $0.6224, the kind of gap that historically takes a full cycle or a fresh catalyst to close. Measured from its all-time low of $0.00057000, MET is up +28,145%.
What the price history shows
Across timeframes, MET shows 24-hour -6.11%, 7-day +1.72%, 30-day -25.48%. Across roughly the last 202 days of daily candles, MET endured a peak-to-trough drawdown of about 73% before stabilizing.
Volatility profile
Recent action puts Meteora in the High-volatility band — it has been actively trading, with daily moves that would be unusual in traditional equities. Over the last 30 days the move totals -25.48%, a useful input for stop placement and position sizing.
How to evaluate a DeFi token like Meteora
A grounded read on MET comes down to three questions:
- Protocol revenue — fees the application actually earns, and whether any of it reaches MET holders.
- Total value locked — how much capital trusts the protocol — and how sticky it is versus mercenary yield.
- Token utility — whether MET is load-bearing (governance over real value, fee rights) or decorative.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.
