20 million MET and one deadline: Meteora closes the claim window on October 21

The Meteora airdrop has an expiry date: the claim window for LP Stimulus Season 2 closes on October 21, 2026, and with it access to 20 million MET. Anyone who provided liquidity on Meteora over the preceding twelve months collects their share by then or not at all. Two thresholds decide whether anything lands in the wallet in the first place, and neither allows a partial payment.

Meteora is a liquidity infrastructure on Solana and therefore part of the blockchain's DeFi layer, the financial applications that work without a bank as counterparty. The protocol supplies the pools in which tokens trade after launch, and MET is the associated token. If this applies to you: the claim is a transaction on Solana, you need SOL in the wallet for it, and afterwards you hold a token you can sell, stake or leave where it is. In Germany the inflow also goes on the tax return.

Meteora closes the claim window for LP Stimulus Season 2

The project's governance post names the claim period verbatim: July 21, 2026 to October 21, 2026. Season 2 itself ran a full year, from July 1, 2025 to June 30, 2026, counted in UTC throughout. Meteora expressly describes the allocations as final following a review, so there is no adjustment and no appeal.

No time of day appears in the primary source. Trade publication CryptoBriefing wrote at the portal's launch in July that it would stay open until 10:00 UTC on October 21. That hour therefore rests on media reporting rather than on project confirmation. Rely on the day, not on the afternoon: anyone trying to claim at midday on October 21 may find the portal already shut.

Meteora is the third big claim deadline this month, after Sonic and Pharos. An overview of every running deadline is in the airdrop section.

Two thresholds decide all or nothing: 100,000 points and 10 MET

Under the governance post, only those who have collected at least 100,000 points and are due an allocation of at least 10 MET are eligible. Both conditions apply at once. Wallets that come in below 10 MET lose their claim, and the amount is distributed among the remaining eligible participants.

The allocation itself follows a simple formula the project discloses: your share is your point score divided by the total score of all participants, multiplied by two percent of the MET supply. 20 million MET from the ecosystem reserve are set aside, which is around two percent of the total supply. With a total supply of just under 998 million MET, the arithmetic works out.

What the 10-MET threshold is worth can be put in figures. MET trades at around $0.40 on Tuesday morning. Ten MET are therefore just under four dollars. Eligibility is decided by the point score ahead of it, barely by the minimum amount.

The arithmetic behind the 100,000 points: $100 of fees in a standard pool

Meteora publishes the points structure as a table, and the threshold can be converted into dollars from it. In a DLMM or DAMM v2 standard pool there were 1,000 points for every dollar of trading fees your position generated. 100,000 points therefore correspond to $100 of fees over the twelve months.

Two deviations shift the arithmetic considerably:

• Launch pools delivered only 200 points per dollar. There it took $500 of fees to reach the same threshold.
• Fees from the DAMM v2 beta window between April 10, 2025 and the start of Season 2 on July 1, 2025 counted double, at 2,000 points per dollar. There $50 was enough.

That spread is deliberate. Meteora justifies the reduced rate for launch pools by noting that Season 1 had put such pools in a separate bucket, and that the smaller points rate is now meant to create a fairer balance for private liquidity providers. The bonus in the beta window, conversely, was intended to reward those who used DAMM v2 at all in its early days.

DLMM and DAMM v2 count, limit orders and DAMM v1 do not

Season 2 inverted the logic of Season 1. In the first round there were points both for fees generated and for daily total value locked, or TVL. TVL is the total value of the capital sitting in a pool or protocol at a given moment. Season 2 counts trading fees only. How much money sat in a position no longer matters, only how much turnover ran through it.

Points were available in two products only. DLMM stands for dynamic liquidity market maker, a pool type that places liquidity in individual price bins and adjusts the fee to market volatility. DAMM v2 is the classic product pool with position NFTs and optionally bounded price ranges. Both pool types earn points, in the standard variant as well as the launch variant.

Expressly not eligible are limit orders and DAMM v1 pools. Keep your liquidity in DAMM v1 all year and you have zero points despite real fees. That one sentence decides eligibility for many wallets, and it sits in a single line of the primary source.

Five quote tokens qualify a pool, all others earn zero points

One more filter sits ahead of the points award, and it is easily missed. A pool counted only if its quote token was one of five: JupUSD, USDC, USDT, SOL or USD1. The quote token is the other side of a trading pair, the unit in which the other token's price is expressed.

If a pair was quoted against any other token, the fees generated in it earn zero points according to Meteora, regardless of their size. On top of that come three blocklists the project applies in sequence: one at token level, which includes M3M3, LIBRA and MELANIA, one at pool level for suspicious pools, and one at wallet level. Team treasury wallets were also taken out of the points system.

Two things Meteora deliberately left out: Sybil detection and the grouping of related wallets. The reasoning is comprehensible, because there were no flat amounts per wallet. Spread your activity across several addresses and you gain nothing under a purely fee-based score. In Season 1, grouping wallets wrongly flagged too many genuine users, on the project's account.

The primary source is silent on the fate of unclaimed MET

Here lies the real uncertainty of this deadline, and it is the reason waiting is not an option. On the claim period, the governance post says only that the allocations are final. Whether unclaimed MET are burned, returned to the ecosystem reserve or used some other way is not stated there.

Analysis site Phemex quotes the claim terms as saying that unclaimed MET would be handled by the company at its own discretion. That is a third-party account rather than primary evidence, so it stands here as an attribution and not as a fact. Only one case is documented: allocations below 10 MET lapse and are redistributed.

The contrast with the month's two other deadlines is therefore sharp. With Sonic it is known that unclaimed tokens are burned, with Pharos that they go back to the foundation. With Meteora an eligible holder does not know, and that is precisely why claiming is the only action whose outcome is settled.

MET stands at $0.40, 42 percent below its all-time high

The price gives the deadline extra weight. MET trades at around $0.40 on Tuesday morning, on a market capitalisation of roughly $221 million and at rank 176 among the largest crypto-assets by market value. Over the preceding seven days the token has gained a good 37 percent, and almost 58 percent over 30 days. It is nonetheless still some 42 percent away from its all-time high of around $0.69.

Value the 20 million MET at today's price and the claim window has just under eight million dollars behind it. Around 558 million MET are in circulation out of just under 998 million in total. What your personal share is worth hangs on your point score, and that is shown in the Meteora app as soon as you connect your wallet.

We are naming no price target alongside this, and nobody should derive one from an airdrop deadline. A claim window brings additional tokens into circulation, and what the market does with them is open.

Airdrops and tax: the inflow falls under section 22 no. 3 EStG

For investors in Germany, the claim triggers a tax event as well as a transaction. An airdrop that is consideration for an activity of your own counts as other income under section 22 no. 3 of the German Income Tax Act. That is exactly the case here: the points did not fall from the sky but came from trading fees generated, in other words from a service.

What counts is the market value at the moment of inflow, and with a claim, inflow means the day the tokens arrive in your wallet. Claim on October 20 and you use the October 20 price, not the price on the day you sell. For other income of this kind there is an exemption threshold of 256 euros per calendar year; above it the full amount is taxable. The detail, and the line against non-taxable free tokens, is set out in our piece on when airdrops are taxable in Germany.

A second point in time comes later. Sell the MET at a profit within a year of the inflow and the speculation period for private disposals applies on top. So note the date, the number of units and the price when you claim. That value is hard to reconstruct afterwards, and the tax office asks about the day of inflow, not the day of sale.

After the claim: staking, selling through an exchange or leaving it alone

The claim settles the deadline, but not the decision about the token. Meteora offers to stake claimed MET directly; the project has announced a referral staking program for this, intended to replace the old points system. To sell the MET you need somewhere to trade: a sale runs either through a pool on Solana itself or through a central crypto exchange, and there the fee structure decides the outcome.

More important than the direction, in these days, is the route to the portal. Around every well-known claim deadline, fake sites spring up that request a wallet approval and then empty the wallet. On October 12 the Shiba Inu team publicly called a purported airdrop a drainer. So reach the claim page only through the official Meteora domain, never through a link in a direct message. Check two things before confirming: which approval the transaction actually requests, and whether the contract address of the token you are due matches the officially documented one. A differing contract address is the clearest sign of a fake site.

Season 2 is the last points season, then comes the referral staking program

One sentence in the governance post matters beyond this deadline: Season 2 is, on the project's account, the last season of the points system. So anyone waiting to make up in a Season 3 what they missed in Season 2 is, as things stand, waiting for something Meteora is not planning. Instead, the referral staking program is meant to tie incentives to MET and the product in future.

For liquidity providers that changes the arithmetic fundamentally. A points system rewards a year of activity retrospectively in one lump; a staking and referral model pays continuously and asks in return that the token be held. Which of the two forms yields more in the end cannot be quantified today, because the terms of the new programme are not available as an annual figure.

Our assessment: of the three October deadlines, Meteora is the one with the poorest information and therefore the one with the greatest pressure to act. The evidence: the date is confirmed in the primary source, the time of day only in the media, the consequence of expiry not regulated in the primary source at all, and the allocations are final. Nothing argues against acting except the effort of one transaction and the network fee in SOL, which is low on Solana. Anyone eligible collects their share before October 21 arrives; what happens to unclaimed MET after that, no one can evidence from a source. No case for buying MET follows from this, and a total loss remains possible with any crypto-asset.

Meteora claim: without 100,000 points, nothing is left on October 21

Three steps give you a clear position ahead of the deadline:

1. Check the allocation and claim. Connect the wallet you provided liquidity with in the Meteora app and read off the point score and the allocation. If both clear 100,000 points and 10 MET, claim before October 21. To put the MET to work afterwards, compare the staking platforms and their yields before settling on one.
2. Record the inflow data. Note the date, the number of units and the price on the claim day, and do it before you sell anything. That value is the basis for the other income on the tax return. A crypto tax tool or portfolio tracker captures the inflow automatically and spares you the reconstruction next spring.
3. Settle custody. Decide where the MET sit after the claim. A hot wallet you use to confirm approvals daily is the poorer place for a holding kept over a longer period; for larger amounts the hardware wallet comparison is worth a look.

(As of October 13, 2026. This article is not investment advice. Prices and fee structures change; check the terms with the provider before you buy.)