Ask about Fragmetric
Logo of FragmetricFragmetric(FRAG)
Total Value Locked$5.21m

TVL by Chain

Solana$5.21m

Key Metrics

Fees 30d$2,709.18
Fees 30d by chain

Solana$2,709.18

Fees 7d$441.03

Solana$441.03

Fees 24h$75

Solana$75

Cumulative Fees$6.11m

Solana$6.11m

Revenue 30d$1,244.02
Revenue 30d by chain

Solana$1,244.02

Revenue 7d$198.47

Solana$198.47

Revenue 24h$75

Solana$75

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$4,497.63

$FRAG Price$0.000022

All Time High$0.17

All Time Low$0.000022

$22,265

$FRAG Volume 24h$34.5

CEX Volume$0

DEX Volume$0(0% of total)

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 GitHub

Competitors

Frequently Asked Questions

What is Fragmetric's TVL?

Fragmetric currently has $5.21m in total value locked. TVL has increased 14% 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 $2,709.18 in fees. Of that, $1,244.02 was protocol revenue. Based on the trailing year, the annualized rate is $3.23m in fees and $497,419.67 in revenue.

What is the FRAG token price and valuation?

FRAG is currently trading at $0.000022. Its circulating market capitalization is $4,497.63, ranking it #8,491. Its fully diluted valuation is $22,265. Supply currently stands at 202m circulating, 1b total supply, 1b maximum supply.

How has FRAG performed recently?

FRAG is down 96.9% over the past 7 days and down 96.3% over the past 30 days. Its all-time high is $0.17, reached on Jul 1, 2025. The token is currently 100% below that level.

How does Fragmetric's TVL compare to similar protocols?

Among Liquid Restaking protocols tracked by DefiLlama, Fragmetric ranks #10 by TVL. The category holds $1.381b across 28 protocols, and Fragmetric accounts for 0.4% of that total. Other leading protocols include Renzo, Kyros, Zeus btcSOL, Adrastea LRT, Meta Pool mpSOL, Kelp, Mantle Restaking, Swell Liquid Restaking, Puffer Stake, and Bedrock uniETH.