Meteora DLMM

Meteora DLMM (Dynamic Liquidity Market Maker) is a bin-based concentrated-liquidity AMM on Solana. Liquidity is divided into discrete price bins inside which trades execute at zero slippage; LPs select which bins their capital sits in, capturing dynamic fees that scale with volatility.

The design is conceptually close to TraderJoe’s V2.1 / Liquidity Book on EVM, but optimized for Solana’s compute model. Meteora has become a leading CLMM venue on Solana for both stable and volatile pairs.