Meteora
Moderate risk — strong trading product undermined by leadership scandal, active lawsuit, and concentrated liquidity losses during volatility
Top Risks
1
Co-founder Ben Chow resigned amid the Libra memecoin scandal; $69M class action lawsuit alleges memecoin market manipulation
2
DLMM concentrated liquidity amplifies impermanent loss during sudden price dislocations, potentially wiping out LP positions
3
Leadership vacuum and ongoing litigation create uncertainty for MET token launch and long-term protocol direction
Risk Breakdown
Frequently Asked Questions
Is Meteora safe to use?
Meteora receives a C+ risk grade (37/100) from Hindenrank, where lower scores indicate lower risk. Moderate risk — strong trading product undermined by leadership scandal, active lawsuit, and concentrated liquidity losses during volatility One of Solana's largest decentralized exchanges, known for its concentrated liquidity pools and memecoin launch platform. It holds $800M in deposits. Its C grade reflects a co-founder resignation over a memecoin scandal, a $69M class-action lawsuit, and the amplified losses that concentrated liquidity creates during sudden price swings.
What are the main risks of using Meteora?
The key risks identified for Meteora are: (1) The co-founder resigned after a memecoin scandal and a $69M lawsuit alleges market manipulation. Leadership vacuum and legal costs could drain the protocol's $750M-$1.6B treasury. (2) Concentrated liquidity means your deposits are focused in narrow price ranges. If the price moves sharply, you can lose 50-90% of your position, far worse than a standard exchange. (3) The MET token has not launched yet. The ongoing lawsuit and leadership crisis could delay it indefinitely or change the terms, disappointing users who provided liquidity expecting token rewards.
What is Meteora's risk score breakdown?
Meteora scores 37/100 across eight risk dimensions: Mechanism Novelty: 3/15, Interaction Severity: 8/20, Oracle Surface: 0/10, Documentation Gaps: 3/10, Track Record: 10/15, Scale Exposure: 5/10, Regulatory Risk: 2/10, Vitality Risk: 6/10. The highest risk area is Track Record at 10/15.
How does Meteora compare to other DEX protocols?
Among 111 rated DEX protocols on Hindenrank, Meteora ranks #68 by safety (lowest risk score = safest). Its 37/100 risk score and C+ grade place it in the middle tier of DEX protocols.
Has Meteora ever been hacked or exploited?
Meteora scores 10/15 on the Track Record risk dimension, indicating some history of security incidents or exploits. Higher scores reflect more severe or frequent incidents. Review the full risk report for details.
Last scanned 2026-02-23