Meteora
Meteora Airdrop date: null. The MET airdrop and TGE represent a pivotal transition for Solana's primary liquidity layer, shifting from the defunct Mercurial Finance into a community-governed infrastructure with a unique 48% initial circulating supply. For users, the current window is critical as the
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The MET airdrop and TGE represent a pivotal transition for Solana's primary liquidity layer, shifting from the defunct Mercurial Finance into a community-governed infrastructure with a unique 48% initial circulating supply. For users, the current window is critical as the 6-month claim period for Season 1 and 2 participants is set to expire on April 23, 2026, meaning any unclaimed tokens will likely be returned to the DAO or ecosystem reserve. This event suits long-term Solana DeFi participants, but investors must weigh the protocol's high technical utility against the significant legal overhang involving a class-action lawsuit against its former lead.
The project faces substantial 'Key Man' and legal risk following a 2025 class-action lawsuit in the SDNY alleging fraud and market manipulation by co-founder Benjamin Chow, who subsequently resigned. Additionally, the 'fully unlocked' nature of the airdrop (no vesting) creates a constant sell-pressure floor until the claim window closes. While the DLMM technology is robust, the legacy 'Alameda' backing from the Mercurial era remains a reputational hurdle despite the successful rebrand.
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