Ask about Fragmetric · freeTotal Value Locked$1.81m
TVL by Chain
Solana$1.81m
Key Metrics
Fees 30d$915.68
Fees 30d by chain
Solana$915.68
Fees 7d$130.17
Solana$130.17
Fees 24h$24
Solana$24
Cumulative Fees$6.11m
Solana$6.11m
Revenue 30d$915.17
Revenue 30d by chain
Solana$915.17
Revenue 7d$130.17
Solana$130.17
Revenue 24h$24
Solana$24
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
Market Cap$65,058
$FRAG Price$0.00032
Fully Diluted Valuation$322,070
$FRAG Volume 24h$0
CEX Volume$0
DEX Volume$0
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
Fragmetric history
TVL is the default DefiLlama definition. Daily values are UTC snapshots from Oct 27, 2024 to Nov 5, 2026.
All-time high TVL: $330.23m on Jun 30, 2025. All-time low TVL: $1.8m on Nov 5, 2026.
Daily TVL, Oct 7, 2026 to Nov 5, 2026
| Date | TVL |
|---|---|
| Oct 7, 2026 | $3m |
| Oct 8, 2026 | $2.94m |
| Oct 9, 2026 | $2.78m |
| Oct 10, 2026 | $2.75m |
| Oct 11, 2026 | $2.7m |
| Oct 12, 2026 | $2.73m |
| Oct 13, 2026 | $2.6m |
| Oct 14, 2026 | $2.71m |
| Oct 15, 2026 | $2.6m |
| Oct 16, 2026 | $2.59m |
| Oct 17, 2026 | $2.56m |
| Oct 18, 2026 | $2.55m |
| Oct 19, 2026 | $2.55m |
| Oct 20, 2026 | $2.54m |
| Oct 21, 2026 | $2.64m |
| Oct 22, 2026 | $2.6m |
| Oct 23, 2026 | $2.5m |
| Oct 24, 2026 | $2.46m |
| Oct 25, 2026 | $2.45m |
| Oct 26, 2026 | $2.27m |
| Oct 27, 2026 | $2.27m |
| Oct 28, 2026 | $2.28m |
| Oct 29, 2026 | $2.29m |
| Oct 30, 2026 | $2.05m |
| Oct 31, 2026 | $2.11m |
| Nov 1, 2026 | $2.1m |
| Nov 2, 2026 | $1.99m |
| Nov 3, 2026 | $1.92m |
| Nov 4, 2026 | $1.86m |
| Nov 5, 2026 | $1.8m |
TVL at each month end, Dec 2024 to Nov 2026
| Date | TVL |
|---|---|
| Dec 31, 2024 | $15.08m |
| Jan 31, 2025 | $62.82m |
| Feb 28, 2025 | $67.98m |
| Mar 31, 2025 | $121.81m |
| Apr 30, 2025 | $161.35m |
| May 31, 2025 | $203.82m |
| Jun 30, 2025 | $330.23m |
| Jul 31, 2025 | $138.63m |
| Aug 31, 2025 | $119.09m |
| Sep 30, 2025 | $89.78m |
| Oct 31, 2025 | $66.74m |
| Nov 30, 2025 | $37.95m |
| Dec 31, 2025 | $22.24m |
| Jan 31, 2026 | $32.29m |
| Feb 28, 2026 | $16.37m |
| Mar 31, 2026 | $10.96m |
| Apr 30, 2026 | $12.66m |
| May 31, 2026 | $9.92m |
| Jun 30, 2026 | $4.37m |
| Jul 31, 2026 | $4.47m |
| Aug 31, 2026 | $5.24m |
| Sep 30, 2026 | $3.11m |
| Oct 31, 2026 | $2.11m |
| Nov 5, 2026 (latest) | $1.8m |
TVL at each year end, Dec 31, 2024 to Dec 31, 2025
| Date | TVL |
|---|---|
| Dec 31, 2024 | $15.08m |
| Dec 31, 2025 | $22.24m |
Fees, revenue and holders revenue by UTC calendar month, Jan 2025 to Nov 2026
| Month | Fees | Revenue | Holders revenue |
|---|---|---|---|
| Jan 2025 | $131 | $131 | $0 |
| Feb 2025 | $54,522 | $54,522 | $0 |
| Mar 2025 | $494 | $494 | $0 |
| Apr 2025 | $365 | $365 | $0 |
| May 2025 | $488 | $488 | $0 |
| Jun 2025 | $9,584 | $9,583 | $0 |
| Jul 2025 | $768,690 | $40,181 | $0 |
| Aug 2025 | $254,568 | $17,635 | $0 |
| Sep 2025 | $2.1m | $1.02m | $0 |
| Oct 2025 | $1.85m | $389 | $0 |
| Nov 2025 | $419,206 | $162,094 | $10,510 |
| Dec 2025 | $236,674 | $115,555 | $7,684 |
| Jan 2026 | $190,945 | $94,020 | $9,659 |
| Feb 2026 | $77,866 | $47,200 | $4,467 |
| Mar 2026 | $70,803 | $24,499 | $4,053 |
| Apr 2026 | $27,588 | $23,040 | $3,901 |
| May 2026 | $27,014 | $13,934 | $2,492 |
| Jun 2026 | $10,477 | $2,968 | $0 |
| Jul 2026 | $7,017 | $458.06 | $0 |
| Aug 2026 | $2,489 | $1,151 | $0 |
| Sep 2026 | $2,815 | $1,019 | $0 |
| Oct 2026 | $1,116 | $1,061 | $0 |
| Nov 2026 (to date) | $105 | $105 | $0 |
The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/fragmetric
Frequently asked questions
What is Fragmetric's TVL?
As of Nov 5, 2026, Fragmetric has $1.81m in total value locked. TVL has decreased 41.3% 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 $915.68 in fees. Of that, $915.17 was protocol revenue. Based on the trailing year, the annualized rate is $1.02m in fees and $487,028 in revenue.
What is the FRAG token price and valuation?
FRAG is currently trading at $0.00032. Its circulating market capitalization is $65,058, ranking it #7,967. Its fully diluted valuation is $322,070. Supply currently stands at 202m circulating, 1b total supply, 1b maximum supply.
How has FRAG performed recently?
FRAG is up 1,345.5% over the past 7 days and up 1,345.5% over the past 30 days. Its all-time high is $0.17, reached on Jul 1, 2025. The token is currently 99.8% below that level.
How does Fragmetric's TVL compare to similar protocols?
Among Liquid Restaking protocols tracked by DefiLlama, Fragmetric ranks #11 by TVL. The category holds $1.185b across 27 protocols, and Fragmetric accounts for 0.2% of that total. Similar protocols include Renzo, Kyros, Adrastea LRT, Zeus btcSOL, Meta Pool mpSOL, Kelp, Mantle Restaking, Swell Liquid Restaking, Bedrock uniETH, and Puffer Stake.