Meteora has unveiled DLMM Pro, a new automated market maker designed for token launches on Solana. The system gives project teams control over launch parameters, including initial liquidity, market open mechanics, and a dynamic fee structure that decreases as the market matures. Liquidity provider positions are represented by unique NFTs, and the protocol merges features from the existing DLMM with a Dynamic Bonding Curve mechanism. The native MET token launched on October 23, 2025, with a fixed supply of 1 billion units and approximately 48% floated at the start. DLMM Pro is currently accessible via a waitlist, indicating a phased rollout rather than an immediate full launch.
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