Ask about Fragmetric
Logo of FragmetricFragmetric(FRAG)
Total Value Locked$4.51m

TVL by Chain

Solana$4.51m

Key Metrics

Fees (Annualized)$5.2m
Fees 30d$2,483.65

Solana$2,483.65

Fees 7d$341.46

Solana$341.46

Fees 24h$2.19

Solana$2.19

Cumulative Fees$6.11m

Solana$6.11m

Revenue (Annualized)$1.52m
Revenue 30d$312.05

Solana$312.05

Revenue 7d$129

Solana$129

Revenue 24h$0

Solana$0

Cumulative Revenue$1.63m

Solana$1.63m

Holders Revenue (Annualized)$55,748.54
Holders Revenue 30d$0

Solana$0

Holders Revenue 7d$0

Solana$0

Holders Revenue 24h$0

Solana$0

Cumulative Holders Revenue$42,766

Solana$42,766

Total Raised$12m

Feb 7, 2025$7mRound: SeedInvestors: Finality Capital, Hashed, Hypershere, Presto Labs, Bitscale Capital, Halo Capital , Flowdesk

Mar 24, 2025$5mRound: StrategicInvestors: RockawayX, Amber Group, Robot Ventures, Hypershere, BitGo

Protocol Information

Fragmetric is a native liquid restaking protocol on Solana that aims to improve the economic potential and security of the Solana ecosystem. Fragmetric succeeded in carrying out NCN reward distribution by utilizing Solana's token extension. Additionally, Fragmetric created useful solutions, such as the Normalized Token Program, for utilizing various LSTs in restaking platforms. The goal of Fragmetric is to create a safe, open, and incredibly effective restaking system that empowers users and supports the stability of the Solana restaking ecosystem.

Category:Liquid Restaking

Methodology

TVL: TVL is calculated by summing all restaked assets.View code on GitHubFees: Total fees generated from Fragmetric LRTs, including protocol revenue and user reward claims.View code on GitHubRevenue: Protocol fees captured in Fund Treasury accounts, Program Revenue account, and Jito Restaking Vault. Includes fragSOL/fragJTO fees and protocol's share of Jito restaking rewards (SW1TCH).View code on GitHubHolders Revenue: FRAG token buybacks funded by 100% of protocol revenue. Tracks FRAG tokens purchased and transferred to the Treasury Wallet, reducing circulating supply and benefiting token holders.View code on GitHub

Competitors

Frequently Asked Questions

What is Fragmetric?

Fragmetric is a native liquid restaking protocol on Solana that aims to improve the economic potential and security of the Solana ecosystem. Fragmetric succeeded in carrying out NCN reward distribution by utilizing Solana's token extension. Additionally, Fragmetric created useful solutions, such as the Normalized Token Program, for utilizing various LSTs in restaking platforms. The goal of Fragmetric is to create a safe, open, and incredibly effective restaking system that empowers users and supports the stability of the Solana restaking ecosystem.

What is Fragmetric's TVL?

Fragmetric currently has $4.51m in total value locked. TVL has decreased 18.4% over the past 30 days.

What chains does Fragmetric operate on?

Fragmetric operates on Solana. Solana holds the largest share at 100%.

How much has Fragmetric generated in fees and revenue?

Over the past 30 days, Fragmetric generated $2,483.65 in fees. Of that, $312.05 was protocol revenue. Based on the trailing year, the annualized rate is $5.2m in fees and $1.52m in revenue.

How does Fragmetric's TVL compare to similar protocols?

Among Liquid Restaking protocols tracked by DefiLlama, Fragmetric ranks #11 by TVL. The category holds $4.41b across 28 protocols, and Fragmetric accounts for 0.1% of that total. Other leading protocols include ether.fi, KernelDAO, and Renzo.