Meteora Fees Hit $50.8M In 30 Days, But Daily Fees Have Halved

Meteora's fees look huge if you read the 30-day total and a lot smaller if you read the last week. DefiLlama shows $50.81 million in Meteora fees over 30 days. Only $6.23 million of that arrived in the latest seven days.

DefiLlama's Meteora key metrics panel. Source: DefiLlama.

What the Meteora fees page shows

The Solana liquidity protocol's DefiLlama page lists $775,199 in fees for the latest 24 hours and $1.546 billion cumulative. On the revenue side, the protocol kept $5.95 million over 30 days, which is about 12% of fees. The part that went to token holders was $693,612.

Holder revenue is about 1.4% of fees. Seven-day revenue is $783,643, and the latest 24 hours show $90,753. Those are the numbers on the page when we captured it on October 17.

Meteora fees were front-loaded in September

Split the 30 days in two and the picture changes. DefiLlama's daily series averages about $1.94 million a day from September 13 to October 8, and about $0.93 million a day from October 9 to October 16. That is a drop of roughly 52%. The two averages are our own calculation from the daily figures.

The decline also shows up in the product table. The Meteora DLMM pool type, which brought in $42.38 million of the month's fees, is down about 51% on the previous seven days. The Meteora DAMM V2 line fell around 25% over the same stretch.

One part grew

The newer Dynamic Bonding Curve product went the other way over the month. Its 30-day fees of $3.31 million are up about 37% on the month, though its latest seven days are 47% below the seven days before. DAMM V1, the oldest product, is tiny at $0.22 million for the month.

Put the four together and DLMM accounts for roughly 83% of the 30-day total. DAMM V2 adds $4.90 million, or just under 10%.

Fees by product, daily bars. Source: DefiLlama.

How Meteora fees compare on DefiLlama

DefiLlama's fees table lists each product on its own line. On the same 30-day window, PumpSwap shows $118.56 million and pump.fun $61.27 million, both Solana products. Meteora's four lines add up to $50.81 million, so PumpSwap alone is about 2.3 times larger. Hyperliquid's perpetuals line shows $85.08 million.

These comparisons rank paid fees, not users or profit. Meteora fees convert to protocol revenue at about 12% on the page.

Which window to quote

Seven days and thirty days give Meteora fees two different readings, and DefiLlama prints both side by side. Neither is wrong. They just measure different stretches of a month that started strong and cooled off. The 30-day number looks strong on its own. The seven-day number reads as a protocol running at roughly half its September pace.

Anyone comparing Solana protocols on fees should use the same window for each, and say which one. The DefiLlama page for Meteora fees lets readers switch between daily, weekly and monthly bars to check this for themselves. This article describes protocol data and is not advice on any token.