Meteora has become the largest decentralized exchange by volume on Solana, primarily due to its dynamic bonding curve (DBC), which accounts for 56% of its total volume. Despite Meteora's rapid rise, competitors still question the authenticity of its trading activities, claiming that there may be wash trading. Meanwhile, internal disputes have emerged around the allocation of the upcoming $MET Airdrop, particularly regarding the distribution issues between $JUP stakers and Mercurial investors. The Meteora team argues that the strategy is aimed at expanding the user base through a novel Token distribution mechanism.

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