Meteora: From Ashes to Engine – How Solana’s Liquidity Provider Mastered the Storm

Following the collapse of Mercurial and the FTX debacle, Meteora emerged from the ashes, rebuilding itself into a critical liquidity engine on Solana. Its Dynamic Liquidity Market Maker (DLMM) redefined market making with its precision “bin-based” structure, achieving near-zero slippage and CEX-level trading precision. This rapid success made Meteora the backbone of Jupiter’s routing, propelling Solana’s trading volume to unprecedented heights. 💰