{"id":13984,"date":"2025-10-22T07:29:28","date_gmt":"2025-10-22T07:29:28","guid":{"rendered":"https:\/\/bitunikey.com\/news\/solana-dex-meteora-to-launch-met-token-with-half-supply-circulating-what-will-its-fdv-be\/"},"modified":"2025-10-22T07:29:33","modified_gmt":"2025-10-22T07:29:33","slug":"solana-dex-meteora-to-launch-met-token-with-half-supply-circulating-what-will-its-fdv-be","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/solana-dex-meteora-to-launch-met-token-with-half-supply-circulating-what-will-its-fdv-be\/","title":{"rendered":"Solana DEX Meteora to launch MET token with half supply circulating: What will its FDV be?"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Meteora\u2019s MET token debuts on October 23, with nearly 48% of its 1\u202fbillion supply entering circulation. What will its FDV be?<\/p>\n<div id=\"cn-block-summary-block_c5a4dd30bee202b52005ada350c152b6\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Meteora is distributing 480 million MET tokens (48% of supply) via an airdrop to users and partners.<\/li>\n<li>The Solana-based DEX commands 26% of network trading volume and generates around $3.9 million in daily fees \u2014 eight times higher than Raydium.<\/li>\n<li>Polymarket traders see a 53% chance of a $1B FDV one day post-launch, but many are concerned that the large token float could trigger early selling pressure despite solid performance metrics.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Meteora\u2019s TGE is set for October 23, with the MET token confirmed to list on major exchanges including OKX and Bitget, alongside several Solana-native launchpads. The debut marks one of the most anticipated Solana ecosystem launches of the year, with nearly 48% of the total 1 billion MET supply \u2014 or 480 million tokens \u2014 entering circulation at launch.<\/p>\n<p>Meteora is taking a community-first approach to the launch, airdropping MET to eligible users, including Mercurial Finance stakeholders, Meteora liquidity providers, JUP stakers, and partner launchpad participants. Recipients can either hold their tokens unlocked or provide liquidity in Meteora\u2019s dynamic AMM pools to earn trading fees.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">About Meteora<\/h2>\n<p>For context, Meteora was built by the team behind Jupiter, Solana\u2019s largest DEX aggregator. It was born from the remnants of Mercurial Finance, which was wound down following the FTX collapse. To revitalize the protocol, the team created Meteora in 2023, promising to compensate legacy Mercurial users through MET token distribution.<\/p>\n<p>According to <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/0xashensoul\/status\/1980636784779247883\">analysis by @0xashensoul<\/a>, Meteora currently commands 26% of Solana\u2019s DEX market share, generating roughly $3.9 million in daily trading fees \u2014 eight times higher than Raydium\u2019s $466,000. Its TVL stands at around $829 million.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">Meteora FDV one day after launch: Is $1B a safe bet?<\/h2>\n<p>With such a high-profile project launching a token, speculation is intensifying over Meteora\u2019s FDV after launch. <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/polymarket.com\/event\/meteora-fdv-above-one-day-after-launch\" target=\"_blank\" rel=\"nofollow\">Polymarket shows<\/a> that traders are leaning toward a valuation between $750 million and $1 billion one day after launch.<\/p>\n<p>As of October 22, Polymarket traders are assigning a 98% probability that Meteora\u2019s FDV will exceed $500 million, an 86% chance it will top $750 million, and a 53% chance it will surpass $1 billion. Expectations drop sharply beyond that range, with only 6% betting on a $2 billion valuation and less than 2% on anything above $4 billion.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Meteora FDV one day after launch | Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/polymarket.com\/event\/meteora-fdv-above-one-day-after-launch\" target=\"_blank\" rel=\"nofollow\">polymarket.com<\/a><\/figcaption><\/figure>\n<p>The prevailing sentiment in the community is that Meteora\u2019s biggest challenge lies in the circulating supply being too large. As <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/0xashensoul\/status\/1980636784779247883\">@0xashensoul<\/a> summed it up:<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>\u201cMeteora fundamentals are strong, generating 8 times more fees than Raydium, which supports a premium valuation. But, the 48% token unlock on day one is unprecedented for a Solana launch. This large immediate supply will likely cause significant selling pressure. Thats why i think the best risk-adjusted bets are YES on $750M and NO on $2B+, leveraging the disconnect between strong fundamentals and unprecedented 48% float risks.\u201d<\/p>\n<\/blockquote>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Meteora\u2019s MET token debuts on October 23, with nearly 48% of its 1\u202fbillion supply entering circulation. What will its FDV be? Summary Meteora is distributing 480 million MET tokens (48%&hellip;<\/p>\n","protected":false},"author":1,"featured_media":13985,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-13984","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13984","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=13984"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13984\/revisions"}],"predecessor-version":[{"id":13986,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/13984\/revisions\/13986"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/13985"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=13984"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=13984"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=13984"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}