Key Metrics
Fees 30d$2,672.64
Fees 30d by chain
Solana$2,672.64
Fees 7d$901
Solana$901
Fees 24h$75
Solana$75
Cumulative Fees$6.11m
Solana$6.11m
Revenue 30d$1,126.76
Revenue 30d by chain
Solana$1,126.76
Revenue 7d$318
Solana$318
Revenue 24h$52
Solana$52
Cumulative Revenue$1.63m
Solana$1.63m
Holders Revenue 30d$0
Holders Revenue 30d by chain
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.
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 GitHubCompetitors
Frequently Asked Questions
What is Fragmetric's TVL?
Fragmetric currently has $5.33m in total value locked. TVL has increased 20.8% 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 $2,672.64 in fees. Of that, $1,126.76 was protocol revenue. Based on the trailing year, the annualized rate is $5.01m in fees and $1.51m in revenue.
How does Fragmetric's TVL compare to similar protocols?
Among Liquid Restaking protocols tracked by DefiLlama, Fragmetric ranks #10 by TVL. The category holds $1.457b across 28 protocols, and Fragmetric accounts for 0.4% of that total. Other leading protocols include Renzo, Kyros, Adrastea LRT, Zeus btcSOL, Meta Pool mpSOL, Kelp, Puffer Stake, Mantle Restaking, Swell Liquid Restaking, and Mellow Restaking.
