Meteora MET

Sell signal activeRank#40▲4Score33

Distribution cut since Nov 7. paid to holders $38.9k in the week to 2026-11-11 vs $109k per week from 2026-10-08 to 2026-11-04 (36%) while REV7 is $569k ($691k the week before); last payout 2026-11-11. Still open: the payout has not recovered. Also active: Sell signal. See Signals.

Dexs, Solana, 182 days of data

Active signals 2

Sell signalsince Nov 9
Revenue over 30 days $2.5M, 40% of the 30 days before ($6.3M).
Gradual decline over 30 days: revenue this week $569k, 0.8× the week before, paid to holders 0.3× the week before. Still open: gradual decline over 30 days still holds.
Distribution cutsince Nov 7
Paid to holders this week $39k, 36% of its usual $109k per week. Revenue this week $569k.
Payout to holders cut: revenue this week $569k, 0.8× the week before, paid to holders 36% of its usual week. Still open: the payout has not recovered.

Market cap

$161.9M

price $0.284 · 7d −3.8% · 30d −26.0%

FDV $283.7M (1.8× market cap)

source defillama

Counted per year

$899k

holders revenue of the last 30 days, $148k, × 365 ÷ 30 (capped at revenue; before the cap $458k), × type factor 0.5 (payouts count 50%)

Distributionbuyback share 18%

Pays out 1.1% of its market cap a year, using 18¢ of every $1 it earns.

Not a buyback: counts for 50% in the multiple (type factor 0.5), so the denominator is $899k instead of $1.8M.

Multiple

180×

peer median 19.5× (Dexs, 13 tokens), against 180× here

Run-rate

160×

last 7 days $39k × 52 × 0.5 (type factor) = $1.0M a year

last week's payout in line with the 30-day pace

What we checked

Valuation
Multiple 180× (type factor 0.5: payouts count 50%), 9.2× more expensive than its Dexs peers (median 19.5×, 13 tokens). The group's largest earner Uniswap trades at 37.3×: 4.8× dearer per dollar returned to holders. On total revenue: 5.2×, 3.2× cheaper than the revenue peer median.
Distribution
Distribution: Revenue is paid out to stakers or holders (often in another asset); no buy pressure on the token. Holders got $458k of $2.5M revenue in 30 days → buyback share 18%. DefiLlama: “Money going to governance token holders”
Sustainability
Holders were paid on 30 of 30 days (100%); largest single day 53% of the month's holders revenue (one day carries the month, so the multiple is not a steady pace); paid to holders this week: 7% of the best week in 90 days (more than half below peak). Revenue −18% over 7 days and −60% over 30 days, price −26% over 30 days.

What this does not tell you

The figures come from DefiLlama's adapter for each child protocol. Only a few tokens have an on-chain check (see How the buyback really works); for the rest, whether the tokens were really bought, burned or parked in a treasury wallet is not checked here. Unlocks count where DefiLlama or our research has a vesting schedule; team discretion and liquidity depth only once researched.

Flags

Distribution cutactive since Nov 7; paid to holders $38.9k in the week to 2026-11-11 vs $109k per week from 2026-10-08 to 2026-11-04 (36%) while REV7 is $569k ($691k the week before); last payout 2026-11-11. Still open: the payout has not recovered. See Signals
Sell signalactive since Nov 9; REV30 fell to 0.4× of the previous 30 days; REV ratio 0.8×, HR ratio 0.3×. Still open: gradual decline over 30 days still holds. See Signals
One-day spikeone day made 53% of the 30-day holders revenue. The multiple does not show a steady pace, so the token stays out of the Cheap lens and buy signals
Payout >50% below peakthis week's holders revenue is 7% of its best week in the last 90 days ($563k)

How the buyback really works

Not researched yet. Everything above comes from DefiLlama and market data only.

Holders revenue / revenue (30d): $458k / $2.5M; last 30 closed days
To holders: Pays out 1.1% of its market cap a year
FDV / dilution: $283.7M / 1.8×; FDV ÷ market cap
Price 7d / 30d: −3.8% / −26.0%
Revenue growth 7d / 30d: −18% / −60%; versus the period before
Divergence: 0.00; revenue growth minus price growth, 30d
DEX liquidity: $6.4M; DexScreener, representative pools
24h volume: $9.9M; all markets, CoinGecko
Unlocks 30d: $709k; DefiLlama vesting schedule
Revenue multiple: 5.2×; market cap ÷ revenue per year
Fee multiple: 0.7×; market cap ÷ fees per year
Distance to peak: 7%; this week ÷ best week of 90 days
Data since: May 14; first day with holders revenue

Holders revenue and price

Holders revenue per day7-day averagePrice (right axis)▲ ▼ signal days (history below)

Multiple over time

today 180× (scored) · peer median 19.5×

Market cap at close ÷ (holders revenue of the previous 30 days × 365 ÷ 30), with holders revenue capped at revenue and × the type factor: the same effective multiple as the peer median. Values above 100× are drawn at the top. Bands as on the meter; dashed line = peer median today.

Signal history

Signal history of this token: date, type, price at the signal, price after 7 and 30 days, change since the signal and the outcome
Date	Signal	Price then	After 7d	After 30d	Since	Outcome
November 10, 2026	Sell signalactive	$0.312	—	—	−9%	30-day check: day 2
November 8, 2026	Distribution cutactive	$0.307	—	—	−7%	30-day check: day 4
October 31, 2026	Sell signalvoided Oct 31: rule change of 31 Oct 2026: it would not open under the current rules	$0.285	+16%	—	0%	not counted

Versus peers

Dexs · 13 tokens · median multiple 19.5× · Uniswap is valued 22.9× higher. Per dollar that counts for holders, Meteora is 4.8× dearer.

Main-ranking peers only. Multiples count holders revenue capped at revenue, × the type factor (buyback 1 · buyback + burn 1 · burn 0.75 · mixed 0.75 · distribution 0.5 · unclear 0.5 · ve-distribution 0.25).

This token against its main-ranking peers: multiple, revenue multiple, buyback share, holders revenue, market cap and revenue growth
Token	Distribution	Multiple	Revenue multiple	Buyback share	To holders 30d	Market cap	Rev. growth 30d
Pharaoh Exchange	ve / bribes	0.3×	0.2×	100%	$1.3M	$2.6M	−52%
RamsesX	Mixed	0.7×	0.5×	97%	$368k	$2.2M	+8%
nest	Distribution	0.8×	0.4×	100%	$869k	$4.4M	+32%
up	ve / bribes	2.0×	1.0×	100%	$313k	$3.9M	−68%
Chainflip	Buyback + burn	5.4×	5.4×	100%	$520k	$34.4M	+59%
Aero	ve / bribes	8.7×	4.0×	96%	$7.4M	$372.0M	−6%
PancakeSwap	Buyback + burn	19.5×	12.8×	65%	$2.4M	$563.6M	−29%
Raydium	Buyback	27.1×	16.8×	62%	$1.3M	$425.4M	−65%
Curve Finance	ve / bribes	29.3×	11.1×	94%	$2.6M	$374.4M	+44%
Uniswapleader	Buyback + burn	37.3×	37.3×	100%	$8.2M	$3.71B	−20%
Orca	Buyback	47.8×	7.9×	16%	$130k	$75.6M	−36%
Aster	Buyback + burn	50.2×	∞	—	$2.8M	$1.69B	—
Meteorathis token	Distribution	180×	5.2×	18%	$458k	$161.9M	−60%

Score build-up33 of 100

Total score = 35% valuation + 25% momentum + 20% divergence + 20% quality − penalties, clamped to 0–100. Every number here can be recomputed from the figures on this page.

33of 100#40▲4top 78% one or more parts are the neutral 50

Valuation 17.5Momentum 12.5Divergence 10.0Quality 7.7penalties −15= 32.7

Valuation35%

50Valuation 50.0: HR half 0.0 (multiple 180.01×; 100 at ≤3×, 0 at ≥100×, log scale), revenue half 100.0 (revenue peer value 3.23×; 0 at ≤0.33×, 50 at 1×, 100 at ≥3×, log scale).Average of two halves. HR half: linear in log(multiple), 100 at ≤ 3×, 0 at ≥ 100×, 0 without effective HR. Revenue half: linear in log(revenue peer value), 0 at ≤ 0.33×, 50 at 1×, 100 at ≥ 3×; neutral 50 when the peer group falls back to the universe.

Momentum25%capped

50Momentum 39.9: m = 0.5·g7 −0.195 + 0.3·(ln(day jump 1.58) clamped ±1.5 = 0.460) + 0.2·g30 −0.907 = −0.141; 0 at ≤−0.7, 50 at 0, 100 at ≥1.1.m = 0.5·g7 + 0.3·ln(day jump, clamped ±1.5) + 0.2·g30; 0 at m ≤ −0.7, 50 at 0, 100 at ≥ 1.1. Neutral 50 when g7 or g30 is missing; a missing day jump counts as 0.

Divergence20%capped

50Divergence 0.0: d = g30 − p30 = 0.000; 0 at ≤0, 100 at ≥1.5.d = max(0, g30 − p30) when g30 > 0; 0 at d ≤ 0, 100 at d ≥ 1.5, linear.

Quality20%

39Quality 38.6: mean of days HR>0 100% → 100.0 (0 at ≤30%, 100 at ≥90%), largest day 53% of HR30 → 15.7 (0 at ≥60%, 100 at ≤15%), distance to peak 0.07 → 0.0 (0 at ≤0.25, 100 at ≥0.9).Average of: share of days with HR > 0 (0 at ≤ 30%, 100 at ≥ 90%), 1 − largest day ÷ HR30 (0 at ≥ 60%, 100 at ≤ 15%) and distance to peak (0 at ≤ 0.25, 100 at ≥ 0.9).

One-day spike: largest day 53% of the HR window: Momentum 39.9 → 50, Divergence 0.0 → 50.
Penalty −15 (unlocks_above_hr30): unlocks next 30d $709k above HR30 $458k.

HR7 is below 50% of its 90-day peak: momentum and divergence are capped at 50. This is not a penalty; the distance already counts in quality.

Penalties−15

−15Unlocks in the next 30 days above HR30unlocks next 30d $709k above HR30 $458k

9 rules not applied, 3 wait for research data.

Where the numbers come from

Revenue source: 4 active children; DefiLlama adapter per child
Price and market cap: defillama / defillama; latest fetch
Scored on: November 11, 2026; as-of date of the last compute run
On-chain verified: not yet; not checked yet

Protocols behind this token4 at DefiLlama

Per protocol: DefiLlama's methodology text, the distribution type we read from it and the sentence that decided it. The token takes the type of the protocol that returns the most to holders.

Meteora DAMM V1
Dexs · Solana
type unclear · source text
“Money going to governance token holders”
Money going to governance token holders
adapter on GitHub ↗
Meteora Dynamic Bonding Curve
Launchpad · Solana
type buyback · source text
“MET token buybacks funded from Meteora protocol revenue across all Meteora products.”
MET token buybacks funded from Meteora protocol revenue across all Meteora products.
adapter on GitHub ↗
Meteora DAMM V2
Dexs · Solana
type unclear · source text
“Money going to governance token holders”
Money going to governance token holders
adapter on GitHub ↗
Meteora DLMM
Dexs · Solana
type distribution · source label
“Referral Staking Rewards: USDC rewards claimed by MET stakers and referrers.”
USDC rewards claimed by MET stakers and referrers under Referral Staking, paid out of DLMM protocol fees (claimable since 10 September 2026).
Referral Staking Rewards
USDC rewards claimed by MET stakers and referrers.
adapter on GitHub ↗