Meteora (MET): Gate Confirms the Conversion Ratio of MET Points and MET Tokens in Pre-Market OTC Trading

2025-10-22 07:35 (UTC)
7,809 views

Following the disclosure of the total token supply by the Meteora (MET) Project, Pre-Market OTC trading orders will be proportionally converted. Details are as follows:

Meteora (MET) Points Total Supply: 1,000,000,000
Meteora (MET) Tokens Total Supply: 1,000,000,000
Conversion Ratio: Meteora (MET) Token : Meteora (MET) Points = 1:1

Please pay close attention to the delivery schedule and complete the delivery on time. Failure to do so may result in the loss of your collateral.

What is a Pre-Market OTC Points Order?

  1. Pre-Market OTC Points Orders follow the principle of maintaining total market capitalization equivalence. MET Points have a projected issuance of 1,000,000,000, serving as the token voucher for MET’s Pre-Market OTC trading. The total supply of MET Tokens is fixed at 1,000,000,000, resulting in a 1:1 conversion ratio.
  2. All completed MET Points Pre-Market OTC trading orders will be converted into MET Tokens at a 1:1 ratio. The total settlement amount of each order will remain unchanged.

Example:
User A sells 5,000 MET Points at 0.01 USDT per point. The total order amount is 50 USDT, with a collateral of 50 USDT. After the 1:1 conversion, the total settlement amount remains 50 USDT, and the token quantity also remains 5,000 MET Tokens. Users can check their converted token quantity in the MET Points Pre-Market OTC transaction history.

User A Fill Price Quantity Order Value Collateral
MET Points 0.01 USDT 5000 50 USDT 50 USDT
MET Tokens 0.01 USDT 5000 50 USDT 50 USDT
Changes MET Points price ️× 1 MET Points quantity / 1 No change No change

Gate Team
October 22, 2025


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