MeteoraInside

Meteora's Q1 2026 Token Holders' Report is live. Markets cooled. Volumes and fees came down. But the business model held, and in some areas, got meaningfully stronger. Here's a thread breaking down the quarter. Full report at ir.meteora.ag

This is the final tweet.

Token Unlocks Meteora is transitioning to using Jupiter Lock to vest and unlock team tokens. What this means is that the total team tokens for 1 year starting from 28 Feb 2026 have been locked into Jupiter Lock, and will vest over the next 365 days till 28 Feb 2027 to the individual team members. If you are maintaining an API that tracks the circulating supply of $MET, you will need to query the Jupiter Lock program to accurately pull the non-circulating supply of $MET tokens. Importantly: There is NO change to the tokenomics and vesting schedule of tokens. There are no added emissions. Aggregators like Coingecko, CoinmarketCap, etc have been notified, and will update the circ. supply on their end to track the release of tokens through the Jupiter Lock program. Wallets: Team Unlock Wallet: FKMkF8EG8W3hv9R4MxyS5PqhYsjXgzCXMvGc3av8QzL8 Meteora Eco Reserve Unlock Wallet: 2WezJF7ykRXnmrWzYSPYkqbzUPZK6J8XSd16HPdhzdii

State of Meteora: April 2026 Two months of cooling, but April finally split the trend. Volumes eased, but fees and revenues moved the other way.

why own the tokenizer when you can own the liquidity rails the ticker is $MET

.@solana application revenue in Q1 was $342.2 million, the most of any blockchain. The top 10 Solana apps by Q1 revenue were: 1) @Pumpfun - $124.7M (+17% QoQ) 2) @AxiomExchange - $42.4M (+36% QoQ) 3) @phantom - $23.4M (-3% QoQ) 4) @JupiterExchange - $23.1M (-31% QoQ) 5) @BagsApp - $11.5M (+1,347% QoQ) 6) @gmgnai - $11.3M (+75% QoQ) 7) @MeteoraAG - $10.2M (-62% QoQ) 8) @OREsupply - $9.2M (-40% QoQ) 9) @Collector_Crypt - $8.7M (-4% QoQ) 10) @helium - $6.9M (+32% QoQ)

That's the quarter. Markets tested us, and the fundamentals held. $32.8M treasury. Self-sustaining. 2+ years of runway. And a product roadmap that's expanding who Meteora serves. Full report → ir.meteora.ag

Sellside Coverage Independent coverage of Meteora continued to grow in Q1: • @chingtsengtw on "DeFi Retention Reality" and "Internet Capital Markets" • @PineAnalytics on "Meteora's Q4 2025 Report" and "What is Bedrock" • @Decentralisedco on "The Mark-to-Meteora Moment" Find links to these in the full report.

Meteora's Q1 2026 Token Holders' Report is live. Markets cooled. Volumes and fees came down. But the business model held, and in some areas, got meaningfully stronger. Here's a thread breaking down the quarter. Full report at ir.meteora.ag