Over the past year, Meteora has generated 1.3 billion in fees, with 1.2 billion distributed back to users due to features like Dynamic Fees, Quote-Only Fee Collection, and the Anti-Sniper Suite. It’s a model focused on rewarding participation rather than centralizing revenue. In the report below, they're sharing the full story behind the numbers: how fees flow through the ecosystem and how everyday retail market makers turned Meteora into one of the most lucrative AMMs on Solana.(Route 2 FI)