Algorithmic / under-collateralized stablecoin

Meteora's assessment for RD-F-069 — scored not_applicable on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.

Evidence summary #

Meteora is a DEX/AMM, not a stablecoin issuer. No algorithmic or under-collateralized stablecoin design exists in the Meteora product suite. The legacy Mercurial multi-token stable pool is an AMM for stable assets, not an algo-stablecoin. Taxonomy Cat 4 PD-024 marks this lending/stablecoin-issuer-only.

Sources #

Internal
Meteora protocol profile §1.research/protocols/meteora/00-profile.md §1: Multi-product Solana AMM suite; originated as Mercurial Finance stablecoin DEXretrieved 2026-05-16
URL
Meteora Docs — docs.meteora.agMeteora product docs — DLMM, DAMM, DBC, Alpha Vault, Stake2Earn listed; no stablecoin issuance productretrieved 2026-05-16

Methodology #

Classify whether the protocol is an algorithmic or under-collateralized stablecoin design per curator classification.

See the full factor methodology and distribution across all protocols →

rubric_version v1.7.0 protocol meteora factor RD-F-069 score not_applicable collected_at 2026-05-16 10:03:05