Ask about FragmetricKey Metrics
Fees (Annualized)$5.4m
Fees 30d$7,263
Solana$7,263
Fees 7d$644
Solana$644
Fees 24h$260
Solana$260
Cumulative Fees$6.11m
Solana$6.11m
Revenue (Annualized)$1.53m
Revenue 30d$525
Solana$525
Revenue 7d$0
Solana$0
Revenue 24h$0
Solana$0
Cumulative Revenue$1.63m
Solana$1.63m
Holders Revenue (Annualized)$60,036.88
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 GitHubCompetitors
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 $5.16m in total value locked. TVL has decreased 41.5% 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 $7,263 in fees. Of that, $525 was protocol revenue. Based on the trailing year, the annualized rate is $5.4m in fees and $1.53m 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 $4.358b across 28 protocols, and Fragmetric accounts for 0.1% of that total. Other leading protocols include ether.fi, KernelDAO, and Renzo.
