On-chain activity
MetEngine
MetEngine is a Telegram and web trading tool for Solana that creates and manages DLMM and DAMM liquidity positions on Meteora. Users can open positions with one click, mirror selected wallets, view portfolio and PnL, and execute swaps in one interface.
MetEngine
MetEngine is a Solana-native liquidity provision (LP) platform that packages professional-grade market-making tools into interfaces accessible to retail participants. Built around the tagline "Your unfair advantage for LPing on Solana," the project spans a managed vaults protocol, a web trading terminal, a browser extension, a Telegram bot, and a pay-per-query data API, each targeting a different surface area of the LP workflow.
What MetEngine Does
Liquidity provision on Solana's dynamic AMMs requires continuous monitoring: ranges go out of bounds, pools dry up, and fee yields fluctuate with short-lived volatility spikes. MetEngine addresses that complexity in two distinct ways. First, it offers a copy-trading layer that automatically mirrors the LP positions of high-performing wallets in real time, removing the need for users to identify pools, set ranges, or time exits manually. Second, it provides a managed vaults protocol where assets are deployed by the platform into yield-generating LP strategies and carry trades, with yields accruing to depositors on every Solana slot (approximately every 400 milliseconds).
Products
Managed Vaults Protocol
The vault product is MetEngine's most structured offering. Users deposit assets and receive yield-bearing positions backed by the platform's active LP management. The protocol claims a 90% reduction in impermanent loss through ongoing rebalancing and leverage on LP positions. For tokenized real-world asset strategies, yield is supplemented by carry trades and dividends from underlying tokenized stocks. Supported assets include native crypto (SOL, BTC, USDC) and tokenized equities (SPYx, TSLAx, HOODx, MSTRx, GLDx, CRCLx). The platform uses FINRA-regulated custodians for the tokenized stock components and publishes reserves along with third-party proof-of-solvency verification, allowing users to independently audit collateral ratios.
Web Trading Terminal
The terminal targets market makers who want direct pool access with analytical overlays. It surfaces pool heatmaps and onchain data to identify high-earning liquidity pools, executes trades with MEV protection, and provides real-time PnL tracking. The interface is designed for users who want granular control rather than automated deployment.
Chrome Extension
The browser extension overlays LP intelligence across five platforms: Meteora, Hyperliquid, Polymarket, Variational, and Pacifica. Features include LP holder analytics, wallet scoring, bonding market detection on Polymarket, and smart money identification on Hyperliquid. Users can open LP positions and initiate copy trades directly from the extension without switching to a separate interface.
Telegram Bot
The Telegram bot functions as the mobile-first entry point and is the primary vehicle for MetEngine's copy-trading product. It monitors selected wallets in real time and automatically replicates their Meteora DLMM and DAMM positions with millisecond-level execution. The system supports a spy mode for passive monitoring without auto-copying, customizable SOL allocation per position, and multi-wallet diversification. When tracked wallets exit positions, the bot mirrors the close timing as well. A minimum 0.2 SOL balance is required to cover wallet operations and Meteora rent fees. The fee model charges nothing on swap fees, earned yield, or position closes; opening fee tiers run from 0.4% for smaller positions down to 0.2% for positions of 75 SOL or more.
Data Agent API
For developers and quantitative traders, MetEngine operates a pay-per-query analytics API offering 74 real-time endpoints across Meteora, Hyperliquid, and Polymarket. Queries are paid in USDC on Solana with no API key registration required. A two-day free trial is accessible via X sign-in.
How Copy LP Works
MetEngine's copy-trading system filters wallets by performance criteria: a minimum 70% success rate across multiple positions and a position frequency of one to seven new positions per day. The logic behind the frequency cap is to exclude overtraders whose high churn obscures repeatable edge. Once wallets are selected, the bot executes position entries within milliseconds of the tracked wallet's action, capturing early-volatility fee windows on newly active Meteora pools, a period when fees tend to be highest before liquidity deepens.
Ecosystem and Integrations
MetEngine's primary integration is with Meteora, Solana's DLMM and DAMM infrastructure. The Telegram bot and terminal are built specifically around Meteora pool mechanics. The extension extends coverage to Hyperliquid and Polymarket, reflecting broader multi-platform ambitions. The project has also integrated with Farcaster as a MiniApp and is expanding into the Solana Seeker consumer device ecosystem.
MetEngine has been listed by LP Army, Solana's community network for liquidity providers, as a community tool, and featured on Layer3 for educational activations tied to Solana pool strategies.
Team and Background
The core team behind MetEngine includes developers operating under the handles @Saviour1001, @vrajdesai78, and @neel. The project was selected among 16 standout projects out of 231 Indian submissions at the Solana Breakout Hackathon, cited for product-market clarity and direct ecosystem leverage. MetEngine subsequently entered Colosseum's accelerator program, through which hackathon winners can raise up to 250,000 USD from Colosseum's venture fund and access a founder network. No specific funding figure has been publicly disclosed.
Traction
As of figures reported during the Breakout Hackathon period, MetEngine had processed 26 million USD in volume and generated 400,000 USD in LP fees for its users, with a reported user base exceeding 2,000.
Security
Smart contracts are described as audited. The vault protocol uses FINRA-regulated custodians for its tokenized equity components and maintains published reserves with independent proof-of-solvency verification. Specific audit firm names and report links are not publicly listed in the available documentation.
Summary
MetEngine occupies the intersection of LP tooling and copy trading on Solana, offering a layered product set that spans fully managed vaults for passive depositors, a copy-bot for semi-automated replication, a browser extension for active traders across multiple venues, and a raw data API for builders. Its primary DEX integration is with Meteora's dynamic pool infrastructure, and its vault product extends into tokenized equity yield strategies backed by FINRA-regulated custody. The platform emerged from the Solana hackathon ecosystem and has demonstrated early traction in the LP-focused segment of Solana DeFi.
Contents
- What MetEngine Does
- Products
- How Copy LP Works
- Ecosystem and Integrations
- Team and Background
- Traction
- Security
- Summary
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