Meteora
METQuest EndedMeteora is a Solana-based liquidity and yield protocol. Because it operates dynamic AMM pools and yield layer mechanisms, some pools involve interest-rate or lending products (Riba) which present Shariah concerns. Thus, participation must be restricted to standard, spot liquidity provisioning without lending features.
Project Overview
CoinStudy Halal Status
Airdrop Potential
One of the leading liquidity infrastructure protocols on Solana.
Introduced Dynamic Liquidity Market Maker (DLMM) for more capital-efficient liquidity provisioning.
Powers token launches, trading, and liquidity for numerous Solana projects.
Closely associated with the Jupiter ecosystem and widely integrated across Solana DeFi.
Step-by-Step Tasks
Complete these tasks carefully to earn potential airdrop points safely
Your Progress
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Tasks saved locally — no signup required.
DLMM Pool (Halal with concern)
Open the link below, provide LP in Halal Coins only, earn points. Points will be converted to airdrop after the end of season 2 DLMM is potentially Halal With Concerns because of, pure trading fee capture, no lending, subject to pair selection.
DAMM Pool (Haram)
Don't participate in this pool because it is declared haram by CoinStudy. DAMM V2 is explicitly Haram due to auto lending to external protocols for interest income.
Points System
1,000 points per $1 in trading fees generated.
Quick Stats
Risk & Notes
DeFi protocols remain exposed to smart contract and protocol security risks.
Liquidity providers may experience impermanent loss during volatile markets.
Success depends on continued growth of the Solana DeFi ecosystem.
Some liquidity strategies involve yield-generating mechanisms that require careful Sharia review.
Referral Link
Ready to Start? Join Meteora through our referral link to support CoinStudy at no extra cost.
Official Channels
Frequently Asked Questions
Everything you need to know about participating in the Meteora campaign.