Meteora Launches Customizable AMM for Solana Token Teams

Meteora, a Solana-based protocol, has introduced DLMM Pro, a customizable automated market maker designed to give token teams more control over their launch markets. The new product builds on Meteora’s existing Dynamic Liquidity Market Maker (DLMM) by allowing projects to configure initial liquidity, market open mechanics, and fee structures. High fees at launch can compensate liquidity providers (LPs) for the risk of trading in volatile markets, which then decrease as the market matures.

DLMM Pro merges features from earlier DLMM versions with Meteora’s Dynamic Bonding Curve (DBC) mechanism, enabling projects to transition from launch to ongoing liquidity without pool migration. Teams can choose which token their fees accrue in, and on-chain limit orders can coexist within the same liquidity pool. Each LP position is represented by a unique NFT, recording the specific setup.

The DLMM protocol has handled hundreds of billions in cumulative trading volume. Meteora also has its own token, MET, which launched on October 23, 2025, with a fixed supply of 1 billion tokens. MET is tied to revenue sharing through staking and referrals.

For token teams, DLMM Pro offers the ability to fine-tune market conditions at launch. For LPs, customizable fees and volatility-aware mechanics could enhance fee capture during turbulent periods. For MET holders, increased trading activity could support the token’s valuation through revenue-sharing features. However, adoption remains a key factor in the product’s success.