Meteora (MET)
Unlock Schedule
Meteora (MET) Token Unlock & Vesting Schedule
The chart shows gross modeled releases of every allocation: vesting unlocks, new issuance and reserve distributions, each allocation counted once. These have different meanings; a scheduled release is not evidence that tokens entered circulation or were sold. Review the coverage, sources and assumptions below.
Each color segment in the chart corresponds to a specific allocation group described in the Allocations section below. Underlying assumptions and data models used to reconstruct this schedule are explained in detail under Assumptions, while broader utility insights and token use cases are covered in Tokenomics & Utility.
Tokenomics & Utility
Supply and distribution
MET is a Solana SPL token with a stated total supply of one billion tokens. Meteora’s published allocation assigns 15% to its LP Stimulus Plan, 15% to Mercurial stakeholders, and 5% to the Mercurial reserve. Another 3% supports launchpads and launch pools. Smaller allocations cover off-chain contributions, Jupiter stakers, an M3M3 plan, and a token-launch reserve. The team allocation is 18%, while 34% belongs to the Meteora reserve for longer-term ecosystem needs. These figures describe the allocation plan, rather than how many tokens are held by any group at a given moment. (static.meteora.ag)
The LP Stimulus Plan linked some MET distribution to activity in Meteora pools. In its second season, the team based points on fees earned by eligible DLMM and DAMM v2 liquidity positions. The team described that season as the last of the points system and shifted its attention toward staking and referral incentives. This history helps explain why LP participation is such a large part of MET’s economic design. (proposals.meteora.ag)
What MET does
Holders can send MET, hold it in a compatible Solana wallet, or place it in supported liquidity pools. Meteora also operates a referral staking program: users stake MET to take part in rewards linked to DLMM protocol fees, while referral codes connect people who introduce LPs to the platform with eligible activity. The published program includes separate benefits for stakers, referrers, and referred users. Its rules are program settings, not permanent features of the token itself. (static.meteora.ag)
Meteora’s token document describes MET primarily as a tool for access, coordination, and participation within the protocol. It lists no automatic voting, ownership, or dividend rights for holders. That distinction matters when reading community discussions: an idea proposed on a governance forum is different from a function granted to every MET token. (static.meteora.ag)
Assumptions
Meteora minted all 1 billion MET at its token launch on 23 October 2025, and 48% was made liquid immediately: airdrops to Mercurial holders, liquidity providers, launchpad users, Jupiter stakers and M3M3 holders, plus contributor and market-making pools. The team's 18% (180M) and the Meteora Reserve's 34% (340M) unlock monthly from November 2025 to October 2031 after a one-month cliff. Still open are the 50M Mercurial Reserve, which has no release date, and the spending of the reserve and the 0.8% first-year contributor payments, whose timing is only roughly known. The chart shows the launch mint and unlocks, with the team and reserve monthly amounts being even-split estimates, and about 2.26M burned tokens are a documented lower bound.
- Mercurial Reserve: Releases depend on recipients claiming tokens or on grants being awarded.
- 1. https://docs.meteora.ag/protocol/met/tokenomics
- 2. https://meteoraag.medium.com/meteora-genesis-summary-21-october-2025-3a9d914c437f
- 3. https://dropstab.com/coins/meteora/vesting
- 4. https://tokenomist.ai/meteora
- 5. https://phemex.com/news/article/meteora-airdrop-ends-with-98-of-tokens-unclaimed-55914
- 6. https://x.com/MeteoraAG/status/2009577651598749754
- 7. https://www.datawallet.com/crypto/meteora-explained
Allocations
Parts of this allocation with their own release dates are charted as their own allocations; the chart shows the rest here.