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Fast-growing cryptocurrency exchange Bitrue will be supporting the launch of Meteora MET with trading and special events, in total distributing more than 230,000 MET to its community in a series of Launch Campaigns.
Investors who wish to claim a portion of this MET fund can do so immediately by participating in Bitrue’s Launchpool feature, wherein Meteora is currently being distributed to users who stake ADA, SOL, or Bitrue’s platform token BTR. 8,000 MET will be rewarded to stakers over the next several days with all staked coins returned to users once the launch period concludes, effectively providing a free reward to early supporters of the coin.
Meteora is a DeFi protocol operating on Solana which allows developers to tap into dynamic liquidity infrastructure on demand. The project has already secured a $1bn valuation ahead of its token generation event with key backers including industry heavyweights such as Alameda Research, OKX Ventures, and Solana Ventures. News of the impending launch date has sent waves throughout the wider Solana ecosystem with an increase in trading activity already observed and a surge in the TVL of Meteora pools expected upon token distribution.
“We’re thrilled to be able to distribute these coins to Bitrue users and once again provide them with an unmissable opportunity to add a highly anticipated coin into their portfolios.” said Adam O’Neill, Chief Marketing Officer at Bitrue. “Meteora’s significant venture capital backing as well as its technical innovations mean that industry veterans are regarding this launch as one of the biggest events for the tail end of the year.”
Trading for Meteora is expected to go live on October 23rd, with the exact date and trading pairs to be confirmed on Bitrue’s Official X Account. Additional events have also been organized, including a new user bonus where depositors of 100 MET will receive 50 MET bonuses. All users are also eligible to join a trading contest requiring a total trading volume of 100 MET, as well as referral bonuses for introducing new users to the exchange.
Flexible staking for Meteora will be provided starting on October 24th with an expected APR of 20%.
Bitrue remains committed to its strategy of supporting high-impact coins and will continue supporting the launches of anticipated tokens throughout the remainder of 2025 and beyond.
About Bitrue
Launched in July 2018, Bitrue is a global crypto exchange dedicated to providing diversified digital financial services through blockchain technology. The platform supports over 700 cryptocurrencies and offers a wide range of products, including spot trading, futures, OTC, staking, copy trading and Alpha trading. With its extensive asset coverage, Bitrue ranks among the top exchanges in XRP markets by trading volume. It also provides a variety of staking and investment products with annualized rates of up to 30%, balancing liquidity and credited rewards. Centered on security and user protection, Bitrue actively partners with projects such as XRP and ADA, driving the growth of the digital economy through continuous product innovation and global ecosystem collaboration.
