As we close out 2025, I have been thinking about what this year actually meant for Meteora.
The TRUMP launch was the first major event for Meteora in 2025. It was the first time Meteora got tested at that scale. It became a clear blueprint for how future large scale token launches can be done properly on chain, and it paved the way for a lot of the product updates that came after.
After that came a period of uncertainty for us. We went back to the drawing board, spent time with the community again, and re-evaluated where we were from a product point of view. The conclusion was clear. We needed to double down on what we do best, building and shipping.
At the same time, we strengthened the team. We brought in new people, filled missing functions, and asked people to take on bigger scopes. The speed everyone ramped and the amount of responsibility people took on is something I am genuinely proud of. What stood out to me was the mindset. People took ownership, held a high bar, and kept the LP experience as the priority in every decision.
From there, we started shipping in a more deliberate way.
We rebuilt DLMM as the bedrock. The big unlock was Dynamic Positions. We moved past the old 69 bin limit where you needed multiple positions just to manage one strategy. Now you can run over a thousand bins in a single position. Rebalancing got way simpler, and integrations got much easier too.
We pushed out DAMM v2 as our passive, efficient liquidity layer. Concentrated liquidity, dynamic fees that adapt to volatility, and one click LPing where you can deposit and claim without babysitting it. Positions as NFTs, fee claiming separated from liquidity withdrawal, and the option to do quote-only fee claiming for pools that want it. The results spoke for themselves. We saw users turn 1 SOL into 22k and 400x plays in a matter of minutes using this technology. For launchpads, we also support more custom launch setups through fee scheduling.
On the launch side, we shipped Dynamic Bonding Curve, DBC. It is programmable price discovery. Curve shape, supply, fee schedule, all customizable. It works for meme launches, serious projects, and the weird experimental stuff that Solana is good at. It is also plug and play for launchpads and direct launches, with integrations that make tokens tradable immediately. And when a token is ready, it can graduate into DAMM v2 so liquidity has a longer term home, with dynamic fee capture and quote only revenue options for treasuries.
We also kept building out launch protection. The Anti Sniper Suite, rate limiter, fee scheduler, alpha vault. Tools that make launches fairer for real users, harder for bots to hoard early supply, and cleaner for teams who actually want to build long term.
From there, everything flowed into the bigger goal for the second half of the year. Make LPing easier to start, easier to find opportunities, and easier to manage. Pool discovery was part of that shift, along with better charting and analytics, clearer position management and PnL, easier rebalancing flows, and smoother ways to get into positions when you only have one side of the pair. The direction is that you should be able to come to Meteora, see what is happening, decide what to LP, and execute with confidence, without needing to bounce between a bunch of other sites just to piece together the full picture.
LP education was also a big focus. We put real time into helping people learn LPing properly through Meteora. More step by step education, more playbooks, more explanations around strategies and how the product works. The goal is simple. Help new LPs ramp faster, and help existing LPs level up with clearer guidance and better tools.
Behind the scenes, we also invested heavily in making our infrastructure more composable, and we built a world class support muscle around it. We truly mean world class support. We actively work alongside our partners and LP's to help them succeed. You can reach members of the team directly, get clear answers, and expect fast responses typically within 24 hours. Our goal is to move with you, solve problems quickly, and help you win.
If a launchpad or a project wants to build on top of Meteora, they should be able to plug in quickly and get unblocked fast, so they can focus on building innovative products that create great opportunities for the community.
Then came MET TGE, aka METober. This one mattered a lot to us.
We launched MET with 48 percent of the supply unlocked on day one. That is a deliberate choice. We wanted to show appreciation to the people who supported us and brought us here, and we wanted to start this next chapter on a clean footing.
TGE also forced us to level up. Systems, operations, support, everything. More importantly, it gave us a reason to align the team, partners, and community around a common goal. I hope you felt that. I for one, spent more time on camera in a single month than I had in my entire career. It pushed me outside my comfort zone a little bit, but it also created a much deeper connection with the community and that made it more than worth it.
And I have always viewed TGE as the beginning of a new chapter. Before TGE, you had different pockets of supporters, MER investors, JUP stakers, the team, the LP Army, and others. After TGE, the goal is simple. One single Meteora community, moving in the same direction.
The year culminated with our first ever real life event, MET Dhabi. For me, it was a celebration. A celebration of how far we have progressed since the beginning of the year, and how much we have built together with the LP Army.
It was also the first time many of us met the LP Army in real life. Putting faces to handles, hearing your stories directly, seeing how seriously you take this craft, and feeling that support in the room was honestly surreal.A special shoutout to the LP Army for the surprise takeover at Met Dhabi. The secret segment and the gift to the Meteora team truly caught us by surprise and will forever be a memorable moment. Those trophies now sit in our office as a constant reminder of who we’re building for and the community that makes all of this possible.
Met Dhabi was a reminder that what we ship really matters. A small change in the product can change how someone LPs, how much time they spend managing positions, what opportunities they can take, and for some people, it genuinely makes a difference in their life.
Honestly, I cannot think of a better way to close off the year for Meteora.
Now we are stepping into 2026, and I am honestly more bullish than I have been in a long time.
I think Meteora is in a uniquely strong position because of our 3LPs. Liquidity Pools, Launchpads, Liquidity Providers.
We have the pools and the primitives. We have launchpads that can keep bringing a steady flow of quality opportunities into the ecosystem. We have the LP Army that keeps showing up, gives feedback, tests strategies, and keeps our bar high.
That creates the flywheel. Launchpads will keep launching when they know liquidity will show up. LPs will keep showing up when there is a consistent flow of quality launches and opportunities worth LPing. And because the infrastructure is composable, more teams can build on top of it and ship more tools and more surfaces that create even more opportunities for the LP Army.
So 2026 is about compounding.
We keep refining the toolkit until LPing feels more straightforward and repeatable, even in harder markets. We keep raising the quality of launches and the quality of opportunities. We keep creating more ways for people to grow inside this ecosystem, whether that is new team members, LP Army mods, creators, the content machine, bounties, competitions, collaborations, networking, and more.
We are also going to raise the bar on observability and accountability. Better tracking and analytics, better insights into what is working and what is not, so we can build sharper products for the community based on actual usage.
We build for LPs. We build for the LP Army. That will not change.
And to everyone who has been LPing with us this year, thank you. All of this only matters because you guys actually use it, stress test it, and keep us honest.
Touch grass a bit. Then we go again in 2026.
-Zen and the Meteora team