Meteora Token (MET) Climbs Over 10% After New Referral Staking Launch

Meteora’s native token (MET) saw a notable price increase of over 10% after the launch of a new referral staking program by the Solana-based decentralized finance platform. The initiative is part of the protocol’s ongoing efforts to develop tools that enhance liquidity access and boost community participation.

Introducing the Meteora Referral Staking Program.

Stake MET.

Grow your LP network.

Earn a share of real DLMM protocol fees. pic.twitter.com/nvjeuTSKNw

— Meteora (@MeteoraAG) July 20, 2026

The referral staking program offers users an innovative opportunity to engage with the platform, earn rewards, and help grow Meteora’s liquidity ecosystem.

Meteora Launches Smart Referral Rewards  

Meteora’s referral staking program is designed to align incentives without creating new token emissions. Users who stake at least 200 MET can unlock benefits and generate referral codes. They earn 10% of the DLMM protocol fees. These are distributed as USDC based on the size of their stake.

Additionally, referrers can receive up to 8% of the fees generated from the liquidity positions of the users they have referred. Participants who are referred will also benefit, gaining an extra 2% on their own eligible activities. This system fosters a positive cycle of increased liquidity, which attracts more trading alongside higher rewards. 

Early data indicates that over 40.7 million MET have been staked in the first cycle, with estimated rewards reaching over 310,000 tokens distributed among participants. The new staking feature adds another layer of utility for MET holders, offering more incentives to stay engaged with the protocol.

Meteora operates on the Solana blockchain and aims to enhance liquidity management through advanced trading infrastructure. Its platform utilizes dynamic liquidity solutions to help users provide capital more efficiently across decentralized markets. 

MET Price Rally

Following the announcement, Metora’s native token, MET, experienced a notable price increase of over 10%. Its market capitalization approached $90 million, with trading volume significantly rising as traders responded to the new staking incentives. As of this report, MET is trading at $0.167, according to CoinGecko data.

The recent increase in the MET price reflects the immediate enthusiasm surrounding the announcement. However, the long-term success of this initiative will depend on sustained interest from users and liquidity providers. Many crypto incentive programs attract strong initial attention but must maintain meaningful participation over time to achieve lasting results.

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