TVL concentration (top-10 wallet share)
Meteora's assessment for RD-F-064 — scored gray on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
Meteora is a multi-pool Solana AMM suite (DLMM, DAMM, DBC) with hundreds of individual pools. LP positions are per-account NFTs (DLMM) or fungible LP token holders (DAMM) spread across thousands of pools. DefiLlama data-cache provides no depositor-concentration field for Solana AMM protocols. Programmatic enumeration of top-10 LP wallet share across all Meteora pools requires Solana RPC enumeration not implemented in the data pipeline. Qualitative note: memecoin launch pools (DBC/ILM) are structurally concentrated (insider-seeded at launch per TRM Labs LIBRA analysis); major stable/SOL pairs are more distributed.
Sources #
- URLThe LIBRA Affair — TRM LabsTRM Labs analysis confirming LIBRA liquidity was insider-seeded 20 minutes before public announcement — structural concentration in DBC launch poolsretrieved 2026-05-16
- Meteora data cache — concentration data absent.research/protocols/meteora/00-data-cache.json — no depositor concentration field presentretrieved 2026-05-16
Methodology #
Compute the percentage of protocol TVL held in the top-10 depositor addresses.
See the full factor methodology and distribution across all protocols →