Data speaks: Looking at the rankings of DEX protocol fee income over the past year, Meteora is currently still firmly in the first place. This achievement is not luck, but because they have a clear understanding. Meteora's core positioning is to be a dynamic liquidity layer for DeFi—simply put, providing tools and support for liquidity providers, launchpads, and various token issuance projects, then taking a cut. This model is quite clever; liquidity providers have more flexible tools, project teams can launch more efficiently, and the platform can maintain stable fees, making it profitable for all parties. This is the way to truly energize the ecosystem.