Skip to main content
Mantapex
Fragmetric
Fragmetric
FRAGLiquid Restaking
DeFiLlama Liquid Restaking·$16.5M TVL·+0.05% 1h·-0.32% 24h·+9.25% 7d·$453.4K MCap

Track Your DeFi Wallet

Import your wallet to see all positions across 50+ chains

Protocol TVL

Loading chart…

Fees & Revenue

24h Fees
$636
92.33%
7d Fees
$12K
30d Fees
$41.9K
All-Time Fees
$6M

Chain Fees Distribution

1 Chains
$636.00 Total Fees

Revenue Breakdown

$636.00
24h Fees
View Full Details

About 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.

Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.

How Fragmetric's TVL is measured

DeFiLlama publishes the exact rules used to aggregate on-chain balances into the headline TVL figure shown on this page. The methodology below is the team's own source-of-truth description.

TVL is calculated by summing all restaked assets.

If a contract or vault isn't in this list, its balance does not contribute to the TVL displayed on Mantapex or DeFiLlama.

Fragmetric tokenomics and on-chain capital

Fragmetric's governance or utility token carries a market capitalisation of $453.4K based on circulating supply at the latest DeFiLlama snapshot. The token's market cap ($453.4K) is small relative to deposits secured by the protocol ($16.5M); a mcap/TVL multiple of 0.03× is sometimes read as a discount, though it can also reflect minimal fee accrual to the token.

Token market cap
$453.4K
Circulating supply × price
Mcap / TVL ratio
0.03×
Valuation vs deposits

Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.

Security & Audits

No public audits on record
Price oracles
Switchboard· Fallback

Oracles supply external price data to on-chain contracts. Oracle compromise is a common attack vector — diversified providers reduce single-point-of-failure risk.

Fragmetric Timeline

Major events flagged by the DeFiLlama community — protocol launches, exploits, governance changes, and incentive programs.

  1. Oct 27, 2024
    Listed on DeFiLlama

Protocol Profile

Fragmetric is a Liquid Restaking protocol that issues liquid receipt tokens against staked deposits, so users earn validator rewards without locking up the underlying asset. It is deployed on Solana. No public audit reports are listed on DeFiLlama for this protocol.

TVL Distribution by Chain

Solana
$16.5M(100.0%)

Supported Chains

Solana

Protocol Footprint

Fragmetric is a single-chain protocol, deployed exclusively on Solana — this concentrates execution risk but simplifies the trust model. Price feeds come from a single oracle provider (Switchboard); an outage or manipulation of that feed would propagate into every market the protocol prices. No public audit reports are linked from DeFiLlama for this protocol despite a non-trivial TVL — treat any deposit as carrying material smart-contract risk. Its token market cap ($453.4K) is small relative to TVL ($16.5M) — a mcap/TVL ratio of 0.03 is often read as the token being structurally undervalued versus the activity it secures.

Official Resources & Links

Verified external resources for Fragmetric — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.

Other Liquid Restaking protocols on Mantapex

Fragmetric is one of 7 Liquid Restaking protocols Mantapex tracks in this category. Direct peers ranked by total value locked include ether.fi Stake, Kelp, Renzo, and 3 more. These peer protocols collectively secure $8.2B in deposits, giving you a frame of reference for whether Fragmetric's own TVL is at the top, middle, or tail of the category.

Browse all Liquid Restaking protocols on Mantapex

Related protocols

Other DeFi protocols connected to Fragmetric by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.

Risk Warning

DeFi protocols carry inherent risks including smart contract vulnerabilities, liquidity risks, and potential loss of funds. Always do your own research before investing.

Your Crypto Portfolio — Free Forever

Paste any wallet to see tokens, DeFi & NFTs across 50+ chains. Add exchanges, Polymarket & Kalshi anytime — all in one portfolio.

Polymarket
Kalshi
50+ Chains
40+ Exchanges
DeFi
NFTs
16K+ Tokens
No signup required· No credit card· Results in seconds