Is Meteora custodial? Who holds your funds?
No. Meteora is listed as non-custodial: your funds stay in a wallet you control, not with the venue.
Checked 2026-10-16 · 3 sources- Users provide liquidity and swap from their own Solana wallets; the Meteora site swaps through an embedded Jupiter Terminal or a pool's Swap tab.
- Non-custodial does not mean risk-free. Smart-contract bugs, phishing and malicious approvals can still lose funds.
- We list 3 reported incidents for Meteora on its legit check.
Sources: Meteora docs: DBC fees · Meteora docs: DBC migration and liquidity · Meteora docs: DAMM v2 fees. The venue's own page wins if it disagrees with ours.
Meteora
DEX. Meteora is a Solana liquidity protocol offering DLMM (bin-based concentrated liquidity with dynamic fees), DAMM v2 constant-product pools, and the Dynamic Bonding Curve (DBC) used by launchpads to launch tokens that graduate into DAMM v2 pools.
Full Meteora sheet: fees, custody, incidents →