Meteora is a Solana liquidity protocol offering both standard AMM pools and DLMM (Dynamic Liquidity Market Maker) concentrated liquidity positions. Elyra integrates both pool types, so you can add or remove liquidity, check your positions, and track accrued fees — all through a single conversational interface.
Pool types
AMM pools
Standard constant-product liquidity provision. You deposit two assets in equal value, earn fees proportional to your share of the pool, and your liquidity is active across all price ranges. This is the simpler option and a good starting point if you are new to liquidity provision.
DLMM pools
Concentrated liquidity with dynamic fee tiers. You deposit liquidity into a specific price range (a set of bins), which means your capital works more efficiently when the price is within your range — but earns no fees when the price moves outside it. DLMM requires more active management than standard AMM pools.
Natural language examples
"Add liquidity to Meteora USDC-SOL pool"
→ Meteora USDC-SOL AMM · Deposit $500 USDC + $500 SOL · Est. APY: 12.4%
Confirm? [Yes / No]
"Show my Meteora positions"
→ USDC-SOL AMM: $1,004 · Fees earned: $4.20 · Share: 0.003%
"Remove liquidity from my USDC-SOL position"
→ Meteora USDC-SOL AMM · Withdraw $1,004 + $4.20 fees
Confirm? [Yes / No]
DLMM bin ranges
When you add DLMM liquidity, Elyra previews the price range your position will cover. Your selected bins determine the lower and upper price bounds of your active liquidity.
"Add DLMM liquidity to Meteora SOL-USDC, range $140–$180"
→ Meteora SOL-USDC DLMM
Bin range: $140.00–$180.00 · Current price: $161.40
Deposit: $500 USDC + $500 SOL · Est. APY: 34.1% (in-range)
Confirm? [Yes / No]
If the price moves outside your bin range, your position stops earning fees until the price returns or you rebalance into a new range. Elyra surfaces out-of-range positions in your portfolio summary so you can act promptly.
Accrued fees
Your LP positions automatically accrue trading fees as volume flows through the pool. You can collect fees independently of withdrawing your liquidity principal.
"Collect fees from my Meteora positions"
→ Meteora USDC-SOL AMM: $4.20 in uncollected fees
Collect to wallet? [Yes / No]
Elyra also shows total fees earned across all LP positions when you request a portfolio summary.
Checking your positions
"Show all my Meteora positions"
→ USDC-SOL AMM: $1,004 · Fees: $4.20 · Share: 0.003%
SOL-USDC DLMM: $982 · Fees: $11.40 · Range: $140–$180 · Status: in range
DLMM concentrated liquidity positions can experience impermanent loss if the price moves significantly outside your defined bin range. When the price is out of range, your position holds only one of the two assets and earns no fees. Start with standard AMM pools if you are new to liquidity provision, and only move to DLMM once you are comfortable actively monitoring your price range.