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Meteora pulled in $1.25 billion in revenue throughout 2025, but only allocated $10.6 million for token buybacks—that's a mere 0.85% returned to holders. Compare this to hyperperforming protocols hitting 99% distribution rates, and the gap becomes glaring. The protocol itself banked $1.24 billion while the token tanked 60% from its launch price. Here's the catch: as the third-biggest fee generator in DeFi trading (sitting at 0.1x sales multiple), Meteora's positioned to capture serious value. Yet the tokenomics tell a different story. When revenue hits that scale but buyback ratios stay that lean, something's off. Either the economic model needs restructuring, or token holders are betting on future allocation shifts. The numbers don't lie—and neither does the 60% drawdown.
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What is Meteora even playing at... earning so much money but the token drops 60%, I just don't understand.
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Wait, the third-largest revenue generator is so stingy? Feels like the problem isn't revenue but that these people simply don't intend to truly give back.
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I just want to ask, what gives this distribution logic the right to make people keep holding the token...
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A 60% drop says it all. The data is right there, you can't fool anyone.
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Honestly, this 0.85% is really incredible. Compared to other protocols, it's directly crushed.
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So Meteora is betting on changing in the future? Or do they just not care about the holders...
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I don't get it. Not sharing the profits makes the token depreciate. Where's the problem in this business model?
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Looks like the protocol is just exploiting users? 1.24B took the biggest share...
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After collecting 1.25B, only willing to give back 0.85%, how little do they think of token holders?
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Meteora is really ruthless this time, revenue skyrocketed but the token dropped 60%, what exactly is their economic model thinking?
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Why do others allocate 99% while only 0.85% here? Feels like we've been harvested.
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The third-largest DeFi transaction fee generator is so stingy? I don't understand but I'm truly shocked.
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Just want to know how the team dares to only take out 0.85%, doesn't their conscience hurt?
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Taking out 10.6M from 1.25B revenue? That ratio is incredible, it really blows my mind.
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If it weren't for that 60% drop reminding me, I might have believed in their development prospects.
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The problem is, with such strong revenue, they are so indifferent to token holders, anyone would complain.
I really can't hold back. Major protocols can allocate up to 99%, but Meteora's allocation drops to 60%. That's a huge gap.
Wait, the third-largest fee generator can still do this? The team must be planning something big, otherwise the data doesn't add up.
By the way, this kind of token setup will have to be adjusted sooner or later, or no one will dare to touch it anymore.
If you can earn but are reluctant to share, no wonder the token plummeted 60%. If it were me, I would also run.
Don't talk about future allocation shifts anymore; the current data already explains the problem.
The third-largest fee generator in DeFi has become like this, it's really outrageous.