Fragmetric (FRAG)

⚙️ Fragmetric is a leading liquid restaking protocol on the Solana chain with over $130M TVL. Fragmetric’s mission is to build a secure, transparent, and highly efficient restaking infrastructure to support the stability of Solana's restaking ecosystem.

Fragmetric restaking protocol sets new standards for Liquid Restaking Tokens (LRTs), optimizing restaking rewards through secure NCN/AVS delegation, and strengthening Solana’s ecosystem by empowering users as SANG (Solana Network Guard) contributors.

Solana Network Guard is Fragmetric’s community of restakers who actively secure and enhance the Solana ecosystem both on-chain and off-chain. It is designed in a way that anyone can join the Fragmetric Guard and contribute to the platform, protecting and growing the Solana network.

One of Fragmetric’s core products, $fragSOL LRT, generates additional revenues beyond standard Solana validation and MEV rewards. Users who deposit $SOL or supported LSTs (JitoSOL, mSOL, bSOL) receive fragSOL tokens in return. These tokens automatically accumulate staking and MEV rewards via an auto-rebase system while independently tracking NCN and AVS rewards, which can be claimed separately.

What’s more, Fragmetric features fragJTO as the first non-SOL Liquid Restaking Token (LRT), which derives yield from powering TipRouter and redistributes additional restaking revenue through Jito’s (Re)staking Protocol.

🪙 Fragmetric Token: $FRAG is the governance token, allowing holders to stake for voting power, earn incentives, and participate in key protocol decisions, including node operator selection, fund manager allocation, and ecosystem development initiatives. 

In addition to that, the platform runs an active Fragmetric airdrop campaign. With the F Points rewards system introduced, on October 24th, 2024, the project announced the launch of its Mainnet phase along with the LF(ra)G Campaign going live. The program rewarded users based on their staking activity using a precise calculation based on the amount of time they’ve staked fragSOL for. Starting from January 22nd, Airdrop Phase 2 is live.
 

Considering the airdrop campaign and an ongoing token sale, our team completely analyzed the Fragmetric Solana project, revealing reasonable pros and cons:

✅ Fragmetric pros:

• Good design of the product;
• Backed by Tier-2 funds (Hashed Fund, Robot Ventures, RockawayX, and others);
• Above-average SMM, Growth Marketing, Influencer Marketing, and PR performance;
• One of the Co-founders of Fragmetric is working as a CMO at Solana;
• Audited by Tier-1 Company (QuantStamp).

❌ Fragmetric cons:

• Below-average Marketing Infrastructure performance;
• Low SEO score;
• No Tokenomics, Initial MC and FDV;
• No Roadmap;
• Other C-level Team members have no experience in Tier-1 companies.