Fragmetric

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

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's governance or utility token carries a market capitalisation of 453,4 mil US$ based on circulating supply at the latest DeFiLlama snapshot. The token's market cap (453,4 mil US$) is small relative to deposits secured by the protocol (16,5 M US$); a mcap/TVL multiple of 0.03× is sometimes read as a discount, though it can also reflect minimal fee accrual to the token.

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.

Eventos importantes señalados por la comunidad de DeFiLlama — lanzamientos del protocolo, exploits, cambios de gobernanza y programas de incentivos.

1. Oct 27, 2024
   Listado en DeFiLlama

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.

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 (453,4 mil US$) is small relative to TVL (16,5 M US$) — a mcap/TVL ratio of 0.03 is often read as the token being structurally undervalued versus the activity it secures.

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.

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 8223,2 M US$ in deposits, giving you a frame of reference for whether Fragmetric's own TVL is at the top, middle, or tail of the category.

ether.fi Stake

TVL 6128 M US$ · 24h +0.64%

Kelp

TVL 1362,3 M US$ · 24h +0.12%

Renzo

TVL 428,5 M US$ · 24h +1.56%

Mantle Restaking

TVL 177,7 M US$ · 24h +0.04%

Puffer Stake

TVL 69,3 M US$ · 24h -0.28%

Mellow Restaking

TVL 57,3 M US$ · 24h -0.08%