Meteora, a liquidity protocol within the Solana ecosystem, has launched an innovative on-chain limit order system leveraging its Dynamic Liquidity Market Maker (DLMM). This new feature allows users to place and execute limit orders while earning fee income during the process. The system supports both single and range orders, enabling traders to set precise execution prices across up to 50 price levels. Unlike traditional DLMM models, where liquidity is rebalanced post-trade, Meteora's system removes traded funds from the market immediately, eliminating the need for manual position unwinding. This system operates entirely on-chain, enhancing trade execution control and reducing costs for retail traders. Community feedback highlights significant cost savings, with trading fees as low as $0.02 compared to higher fees on other platforms.