# Meteora (MET) — crypto price, market cap and strength versus Bitcoin > Meteora trades at $0.641 with a market capitalisation of $97M (rank 279). Over 90 days it is +3.6% against Bitcoin and sits below its 200-day average. DEX as a theme is +11.3% against Bitcoin over 13 weeks. Price readings run through 2026-07-31. ## Agent research brief - What this coin is: Meteora (MET), a DEX token of $97M at market-cap rank 279. On-chain activity is sourced from protocol. - What the tape says: +3.6% versus Bitcoin over 90 days; below its 200-day average. DEX as a theme is +11.3% against Bitcoin over 13 weeks. - What the evidence supports: 44.3/100 inside DEX on 65% evidence (30% of it native activity). Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. - What is missing: There is no valuation band for any coin on this site: historical market capitalisation is not held, so no PE-style range can be built. Meteora does publish network fees, protocol revenue, total value locked. Theme: DEX (/mla/crypto/sector/dex). Price 2026-07-31; market-cap snapshot 2026-07-04. ## Price, returns and risk Meteora is +239.4% over one year, -16.5% over 90 days and -29.6% over 30 days. Annualised 30-day volatility is 159%. Its deepest fall from a high inside the last 90 days is 40%. It trades below its 200-day average, which is rising. - Price: $0.6410 - Market cap: $97.0M (rank 279) - Returns: 7d -39%; 30d -30%; 90d -17%; 180d +51%; 1y +239% - RS versus Bitcoin, 90d: +3.6% - 30-day volatility: 159% annualised; deepest 90-day fall 40% - 200-day average: $0.6962, trading below it ## Protocol economics Meteora publishes 3 of the six network-economics series this site tracks: network fees, protocol revenue, total value locked. Network fees over the last four complete quarters is $382.7M. Network activity is evidence about the protocol, not earnings owed to the token. Readings run to the Q2 2026 quarter. - Network fees: trailing four quarters $382.7M; change —; covered 6/20 quarters - Protocol revenue: trailing four quarters —; change —; covered 2/20 quarters - Total value locked: latest quarter $191.8M; change -66%; covered 10/20 quarters ## Research score Meteora: 44.3/100 — Illiquid · research only; 14.1 + 13.1 + 15.0 + 2.1 = 44.3; evidence 65%; native evidence 30%; rank 19 of 33 rated DEX coins Decision use: Treat this as a tape-led lead. Require native activity confirmation before upgrading research priority. This weakens if: The read weakens if 90-day RS versus BTC falls below zero with two weekly closes below the 200-DMA, or native activity contracts for two complete calendar quarters. No valuation band exists for any coin on this site: historical market capitalisation is not held, so no company-style valuation range can be built. ## DEX scorecard Meteora is one of 48 DEX coins here, 33 of which carry enough evidence to be rated and ranked. Meteora ranks 19 of those 33 on 65% evidence. The table below is the theme's own scorecard, in its own order, with this coin marked. - 1. PancakeSwap (CAKE): score 76.6; evidence 95%; Priority research · market gate closed - 2. Curve DAO (CRV): score 65.6; evidence 95%; Constructive watch · market gate closed - 3. DODO (DODO): score 57.3; evidence 50%; Tape-led · on-chain proof incomplete - 4. Hydration (HDX): score 57; evidence 95%; Illiquid · research only - 5. CoW Protocol (COW): score 56.5; evidence 48%; Illiquid · research only - 6. Velodrome Finance (VELO): score 56.4; evidence 50%; Illiquid · research only - 7. Frax (prev. FXS) (FRAX): score 54.8; evidence 50%; Illiquid · research only - 8. Magma Finance (MAGMA): score 54.4; evidence 50%; Illiquid · research only - 9. 1INCH (1INCH): score 54.2; evidence 55%; Tape-led · on-chain proof incomplete - 10. Aster (ASTER): score 51; evidence 12%; Illiquid · research only - 11. VVS Finance (VVS): score 50.6; evidence 42%; Illiquid · research only - 12. Uniswap (UNI): score 49.6; evidence 51%; Mixed · market gate closed - 13. Bancor Network (BNT): score 49; evidence 50%; Illiquid · research only - 14. Sushi (SUSHI): score 48.2; evidence 95%; Mixed · market gate closed - 15. Falcon Finance (FF): score 47.1; evidence 12%; Illiquid · research only - 16. Pendle (PENDLE): score 46.4; evidence 95%; Mixed · market gate closed - 17. Orca (ORCA): score 45.6; evidence 75%; Mixed · market gate closed - 18. Momentum (MMT): score 44.5; evidence 33%; Illiquid · research only - 19. Meteora (MET) [this coin]: score 44.3; evidence 65%; Illiquid · research only - 20. Synthetix (SNX): score 43.3; evidence 50%; Tape-led · on-chain proof incomplete - 21. 0x Protocol (ZRX): score 43.2; evidence 50%; Illiquid · research only - 22. HumidiFi (WET): score 43.2; evidence 50%; Tape-led · on-chain proof incomplete - 23. Raydium (RAY): score 42.1; evidence 95%; Lagging · market gate closed - 24. Gnosis (GNO): score 41.4; evidence 55%; Illiquid · research only - 25. dYdX (DYDX): score 41; evidence 55%; Tape-led · on-chain proof incomplete - 26. Kyber Network Crystal (KNC): score 37.7; evidence 50%; Illiquid · research only - 27. THORChain (RUNE): score 36.9; evidence 95%; Illiquid · research only - 28. Baseline (B): score 36.8; evidence 55%; Tape-led · on-chain proof incomplete - 29. WOO (WOO): score 36.1; evidence 50%; Illiquid · research only - 30. Cetus Protocol (CETUS): score 35.7; evidence 50%; Illiquid · research only - 31. Tokenlon (LON): score 35.1; evidence 50%; Illiquid · research only - 32. CoinEx (CET): score 30.9; evidence 55%; Illiquid · research only - 33. Osmosis (OSMO): score 26; evidence 95%; Illiquid · research only ## Limitations - Crypto network activity is not company earnings. Protocol revenue does not automatically accrue to token holders. - Market capitalisation is a dated snapshot, not a point-in-time historical supply series, so yields computed against it inherit that lag. - No valuation band exists for any coin: historical market capitalisation is not held at all. - Funding rates, open interest, liquidations, exchange flows, unlock schedules and developer activity are not held and are not inferred. - The research score is relative to this coin's own theme only. It is not comparable across themes and is not an entry signal. ## FAQs ### What is Meteora (MET)? Meteora is a DEX cryptocurrency tracked here by price, market capitalisation and strength against Bitcoin, with on-chain activity from protocol. It is one of 48 DEX coins on this site. Readings are as of 2026-07-31. ### What is the market cap of Meteora? Meteora's market capitalisation is $97M, ranking it 279 in the top-1,000 crypto universe. That figure is a dated snapshot from 2026-07-04, refreshed separately from the daily price series, so it can lag the price shown above. ### Is Meteora beating Bitcoin? Meteora is +3.6% against Bitcoin over 90 days, and its own theme, DEX, is +11.3% over 13 weeks. It trades below its 200-day average as of 2026-07-31. ### Does Meteora have a P/E ratio? No. There is no company-style P/E or PEG for a crypto token, and no valuation band is shown on this page because the data to build one honestly does not exist: historical market capitalisation is not held, only a current snapshot. Where a protocol publishes fees or revenue, this page shows the yield against that dated snapshot instead. ### What is Meteora's research score? 44.3/100 within DEX, ranked 19 of 33 rated DEX coins, on 65% evidence: 14.1 + 13.1 + 15.0 + 2.1 = 44.3. It is labelled “Illiquid · research only”. The score ranks research attention inside one theme, never portfolio action. ### How much Meteora history does this page show? Five years of weekly closes where they exist, plus 20 complete calendar quarters of on-chain activity for the metrics Meteora actually publishes. Here that is network fees, protocol revenue, total value locked. ### Does Meteora generate network fees? Meteora's trailing twelve-month network fees is $382.7M. Network activity is not token-holder earnings: whether it accrues to the token depends on the protocol's own burn, buyback and distribution rules.