Daily Weather: the Meteora DLMM Sea Index
The headline reads the last 24 hours of volume against its 400-day average, like for like. A record, not a forecast. Information, not advice.
How we read the sea
One volume, one TVL
The headline shows Meteora's own live count: the last 24 hours of volume and the TVL right now. DefiLlama keeps its own books, counted its own way, so the two rarely match to the dollar. We measure the gap between them each night at midnight UTC and scale each older day by its own gap, or by its period's gap when that night was not measured, so what you see is compared like for like.
The baseline
The average daily volume over the last 400 days of records. Each day is read against that average: how far above or below it the day's volume landed.
One number decides
The sea state is read from one number: the day's volume against its 400-day average. Fees, TVL and fee yield are shown for context; they never change the state.
Closed days for the record
The daily history, the calendar, the climate and the month view stay on the days DefiLlama has closed, in UTC. A day still in progress would read calm every single morning; the live reading always spans a full 24 hours. When DefiLlama changes how it counts, its older days are brought to its current count by the gaps measured on each side, so no average mixes the two.
Fee yield
A day's fees over that day's TVL: what a dollar of liquidity took in across the whole protocol. Gross, before Meteora's cut and any impermanent loss.
Warm-up
The readings start once 30 days of history exist. Before that, an average says nothing fair, so those first weeks show no reading.
Sources
- DefiLlama: daily volume, fees and TVL of Meteora DLMM, and the volume of every Solana DEX.
- Meteora: the live 24h volume and TVL behind the headline, and its running totals for the nightly gap.
- CoinGecko: SOL and BTC prices. Its free history covers the last 365 days.
- alternative.me: the crypto Fear & Greed index.
We check the sources about every 15 minutes. A day becomes final once DefiLlama closes it. All dates are UTC.
Today in numbers
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LPs, last full day
The full history
Live data opens at Officer and above: a wallet on the AHOY referral list that earns 0.5 SOL of fees a week, read on Meteora. Sign in with your wallet to see where you stand.
Live data opens at Officer and above: a wallet on the AHOY referral list that earns 0.5 SOL of fees a week, read on Meteora. You are signed in as a Recruit. Sailor comes with the AHOY referral code, or when an admin grants it; then your fees count.
Live data opens at Officer and above: a wallet on the AHOY referral list that earns 0.5 SOL of fees a week, read on Meteora. You are a Sailor. Cross the line and live data opens.
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Daily history
Every day since January 2025, from DefiLlama's closed books. Pick a range, pick your panels, and hover any day to see why the sea read the way it did.
View as table
| Date | Sea | Volume | Fees | TVL | vs baseline | DEX share |
|---|
Month view
The monthly report I post on X, except you pick the period. Every number is set against the window just before it.
Climate
A year of readings at a glance, then the mix of weather month by month.