What is Fragmetric (FRAG)? Complete Guide to Solana’s Liquid Restaking Protocol

In the rapidly evolving Solana ecosystem, Fragmetric emerges as a groundbreaking liquid restaking protocol that’s revolutionizing how users maximize yield while contributing to network security.

This comprehensive guide explores Fragmetric’s innovative FRAG-22 asset management standard, the FRAG governance token, and how this protocol has achieved over $300 million in Total Value Locked (TVL) with more than 80,000 participants. Whether you’re a DeFi enthusiast, Solana investor, or crypto newcomer, understanding Fragmetric provides insight into the future of decentralized asset management and the unique opportunities within Solana’s liquid restaking landscape.

Key Takeaways

• Fragmetric is Solana’s first native liquid restaking protocol launched in October 2024, pioneering the FRAG-22 asset management standard that bridges traditional staking with advanced DeFi yield optimization.
• FRAG token powers ecosystem governance with a fixed supply of 1 billion tokens, enabling holders to stake to FRAG² for voting rights, enhanced rewards, and direct participation in protocol decisions through Fragmetric Vote Tokens (FVT).
• Impressive growth metrics showcase Fragmetric’s market leadership with over $300 million in Total Value Locked (TVL) and more than 80,000 active participants, establishing it as the largest and fastest-growing Liquid Restaking Token (LRT) on Solana.
• Exclusive NCN partnerships with Switchboard Oracle and Ping Network provide unique yield opportunities unavailable through other protocols, while integrating multiple LSTs including BNSOL, bbSOL, jupSOL, and RoXSOL.
• Liquid restaking innovation allows users to maintain liquidity through fragAssets while earning multiple reward streams from staking, MEV rewards, and NCN/AVS services, maximizing capital efficiency without locking assets.
• Community-driven SANG ecosystem (SolanA Network Guard) empowers users to contribute to Solana’s security infrastructure while participating in grants programs, governance decisions, and long-term protocol development.

What is Fragmetric (FRAG)?

Fragmetric is Solana’s first native liquid restaking protocol that has evolved into an advanced FRAG-22 asset management standard. Began operations in October 2024, Fragmetric bridges the gap between Solana’s main network and off-chain consensus systems such as oracles, bridges, and Node Consensus Networks (NCNs). The protocol aggregates user deposits including SOL, Liquid Staking Tokens (LSTs), and various SPL tokens, strategically restaking them to provide unified security and enhanced liquidity management.

FRAG is the native governance and utility token that powers the entire Fragmetric ecosystem. With a fixed supply of 1 billion tokens, FRAG serves as the foundational mechanism empowering community members to directly influence protocol governance and strategic direction. The token enables holders to participate in key decisions, earn additional rewards through staking, and shape the future development of Solana’s premier liquid restaking infrastructure.

The protocol has demonstrated remarkable growth, becoming the largest and fastest-growing Liquid Restaking Token (LRT) on Solana. Through its innovative approach to yield optimization and community governance, Fragmetric has established itself as a cornerstone of Solana’s DeFi ecosystem, with the SANG (SolanA Network Guard) community actively contributing to network security and decentralization.

Fragmetric vs FRAG Token Difference

What Problems Does Fragmetric Solve?

Fragmetric addresses several critical challenges in the Solana ecosystem and broader DeFi landscape through its innovative liquid restaking approach.

1. Capital Inefficiency in Traditional Staking

Traditional staking mechanisms lock assets without providing liquidity, forcing users to choose between earning staking rewards and participating in DeFi activities. Fragmetric solves this through liquid restaking, allowing users to maintain liquidity while earning multiple reward streams from both staking and additional network services.

2. Network Security Fragmentation

Off-chain consensus systems like oracles, bridges, and keeper networks require robust economic security aligned with Solana’s core consensus. Without proper alignment, these systems create security vulnerabilities that can compromise the entire ecosystem. Fragmetric aggregates user deposits to provide unified security across multiple networks, ensuring alignment of incentives between Solana’s mainnet and off-chain ecosystems.

3. Complex Yield Optimization

Individual users struggle to optimize yields across multiple protocols and networks due to complexity, time constraints, and technical barriers. Fragmetric’s FRAG-22 asset management standard seamlessly integrates multi-asset deposits, precise reward distribution, and modular yield sourcing, empowering users to efficiently access sophisticated DeFi strategies without requiring deep technical knowledge.

4. Limited Community Governance in DeFi

Many DeFi protocols lack meaningful community participation in governance decisions, leading to centralized control and misaligned incentives. Fragmetric addresses this through the FRAG token governance system, where community members can stake tokens to receive voting power and directly influence protocol development, creating a truly decentralized and community-driven ecosystem.

Fragmetric History and Background

Fragmetric launched in October 2024 with a focused mission to accelerate Solana’s decentralization while ensuring all participants in the restaking ecosystem benefit. The protocol was developed by Fragmetric Labs under the leadership of co-founder Sang, whose name inspired the community moniker SANG (SolanA Network Guard).

The project began as Solana’s first native liquid restaking protocol, introducing Liquid Restaking Tokens (LRTs) to maximize staking and DeFi yields. Recognizing the broader potential for asset management innovation, Fragmetric evolved beyond simple restaking to develop the FRAG-22 standard, which unifies diverse assets including SOL, LSTs, and SPL tokens into a single composable framework.

The protocol’s growth has been remarkable, achieving over $300 million in Total Value Locked (TVL) and attracting more than 80,000 unique participants. This success stems from strong community support and strategic partnerships, including exclusive integrations with Node Consensus Networks like Switchboard and Ping Network, as well as collaborations with leading Solana DeFi protocols including Orca, Kamino, and Loopscale.

Fragmetric FRAG Key Features

1. FRAG-22 Asset Management Standard

Fragmetric’s FRAG-22 standard provides advanced DeFi asset management, featuring modular architecture with Fund, Reward, Yield Source, Normalized Token Pool, and Operator modules. This system enables precise reward tracking, secure asset management, and efficient liquidity handling while supporting multiple asset types within a single framework.

2. Liquid Restaking Innovation

Unlike traditional staking that locks assets, Fragmetric provides liquidity through fragAssets – receipt tokens representing user positions. Users can trade fragSOL, fragJTO, and other fragAssets in DeFi applications while continuously earning rewards, maximizing capital efficiency and enabling sophisticated yield strategies.

3. Exclusive NCN Partnerships

Fragmetric has established exclusive partnerships with Node Consensus Networks including Switchboard Oracle and Ping Network, providing enhanced security and additional yield opportunities unavailable through other protocols. These partnerships demonstrate Fragmetric’s commitment to expanding Solana’s security infrastructure.

4. Community-Driven Governance

The FRAG token enables true decentralized governance through the FRAG² staking system. Users stake FRAG to receive Fragmetric Vote Tokens (FVT), participating in protocol decisions including node operator selection, fund manager appointments, and protocol upgrades. This creates alignment between community interests and protocol development.

5. Multi-Asset Integration

Fragmetric seamlessly integrates multiple Liquid Staking Tokens including BNSOL, bbSOL, jupSOL, RoXSOL, and dfdvSOL into Jito (Re)staking, including LSTs from publicly-listed companies. This broad integration provides users with diverse yield opportunities while maintaining unified security standards.

Fragmetric Staking Use Cases

1. Enhanced Yield Generation

Fragmetric enables users to earn multiple reward streams simultaneously through its liquid restaking mechanism. Users deposit SOL or LSTs and receive fragAssets that automatically compound staking and MEV rewards while earning additional NCN/AVS rewards from securing external networks. This creates superior yield opportunities compared to traditional staking.

2. DeFi Integration and Liquidity

FragAssets function as liquid representations of restaked positions, enabling users to participate in DeFi protocols while maintaining their staking rewards. Users can provide liquidity on Orca, participate in lending on Kamino, or engage with other integrated protocols, effectively using their staked assets as productive DeFi collateral.

3. Network Security Enhancement

Through its NCN partnerships, Fragmetric contributes to securing critical Solana infrastructure including oracle networks and cross-chain bridges. Users’ restaked assets provide economic security for these services, earning rewards while strengthening the overall Solana ecosystem’s reliability and decentralization.

4. Community Governance Participation

FRAG holders can stake their tokens to FRAG² and receive voting power through Fragmetric Vote Tokens (FVT). This enables direct participation in protocol governance, including decisions on node operators, fund managers, grant allocations, and protocol upgrades, creating a truly community-driven development process.

FRAG Tokenomics

FRAG has a fixed maximum supply of 1,000,000,000 tokens with an initial circulating supply of 202,000,000 FRAG. The distribution is designed to align long-term incentives across all stakeholders:

• Core Contributors (20% – 200,000,000 FRAG): Allocated to Fragmetric Labs team and advisors with 1-year cliff and 2 years linear monthly vesting post-cliff
• Investors (22% – 220,000,000 FRAG): Early backers and strategic investors including Legion community sale participants, with 10% immediate distribution, 1-year cliff, and 2 years linear monthly vesting
• Foundation (13% – 130,000,000 FRAG): Funding development, risk assessments, audits, and protocol expansion with quarterly vesting over 4 years
• Ecosystem Development and Community (30% – 300,000,000 FRAG): R&D, developer programs, ecosystem growth, and user activities with 1/3 unlocked immediately and remainder vesting quarterly over 4 years
• Airdrop (15% – 150,000,000 FRAG): Season 1 represents 8% of total supply with 7% reserved for future seasons, distributed based on protocol contribution and engagement metrics

The vesting schedule ensures 169 million FRAG (16.9%) unlocked at Token Generation Event, increasing to approximately 293 million (29.3%) by Year 1 and reaching about 600 million (60%) by Year 5.

FRAG Token Functions

1. Governance Participation Through FRAG² Staking

Token holders can stake FRAG to FRAG² and receive Fragmetric Vote Tokens (FVT) for protocol governance participation. Time-weighted voting provides more FVT for longer staking durations, encouraging long-term alignment. Governance scope includes protocol parameter adjustments, node operator selection, fund manager appointments, protocol upgrades, and incentive distribution mechanisms.

2. Enhanced Rewards and F Points Boost

Staking FRAG to FRAG² provides additional incentives beyond base returns, including boosted F Points accumulation in future LF(ra)G Campaign seasons. Enhanced rewards are distributed for longer staking commitments, creating sustainable incentives for community participation and protocol security.

3. Fragmetric Grants Program Participation

Staked FRAG holders vote on grant allocations supporting ecosystem development and innovation. This community-driven funding mechanism ensures resources are directed toward projects that benefit the broader Fragmetric ecosystem, including developer programs, research initiatives, and community-driven projects.

4. Network Security Through Economic Alignment

FRAG serves as the foundational token aligning incentives across the Fragmetric ecosystem. Through governance participation and staking mechanisms, FRAG holders directly contribute to protocol security decisions and network development, ensuring the long-term sustainability and decentralization of Solana’s liquid restaking infrastructure.

Fragmetric Future Roadmap

Fragmetric’s roadmap focuses on expanding its role as Solana’s premier liquid restaking infrastructure while advancing community-driven governance. The protocol plans to onboard additional LSTs and establish new exclusive NCN partnerships, broadening yield opportunities and security contributions across the Solana ecosystem.

The FRAG-22 asset management standard will continue evolving to support more sophisticated DeFi strategies and cross-protocol integrations. Future development includes enhanced automation features, improved yield optimization algorithms, and expanded compatibility with emerging Solana protocols and applications.

Community governance will progressively expand through the FRAG² system, with increased voting power distribution and more comprehensive protocol decisions moving to community control. The Fragmetric Foundation’s role will continue transitioning toward ecosystem support while empowering SANG community members to drive protocol development.

Long-term vision includes establishing Fragmetric as the foundational layer for Solana’s security infrastructure, supporting a growing network of NCNs and off-chain consensus systems. This positions FRAG holders at the center of Solana’s expanding ecosystem, benefiting from network growth while contributing to its decentralized security model.

Fragmetric vs Competitors

Fragmetric operates in the liquid restaking and DeFi yield optimization space, facing competition from traditional liquid staking protocols, Ethereum-based restaking solutions, and other Solana DeFi governance tokens.

Traditional Liquid Staking Competitors include protocols like Marinade (mSOL) and Jito (jitoSOL) that provide liquidity for staked assets. However, these protocols focus solely on staking rewards without the additional yield streams from NCN partnerships and restaking opportunities that Fragmetric provides.

Ethereum Restaking Protocols such as EigenLayer offer restaking capabilities but operate on different blockchain infrastructure with higher fees and slower transaction speeds. Fragmetric’s Solana-native approach provides superior scalability, lower costs, and faster execution while maintaining comparable security guarantees.

Fragmetric’s Key Advantages include its pioneering position as Solana’s first native liquid restaking protocol, exclusive NCN partnerships providing unique yield opportunities, and the innovative FRAG-22 asset management standard. The protocol’s community-driven governance through FRAG² staking creates stronger alignment between users and protocol development compared to more centralized alternatives.

The combination of liquid restaking innovation, exclusive partnerships, comprehensive asset management, and genuine community governance positions Fragmetric uniquely in the market. While competitors may excel in specific areas, Fragmetric’s integrated approach to yield optimization, security contribution, and community participation creates a more comprehensive value proposition for users seeking sophisticated DeFi strategies on Solana.

Where to Buy FRAG Token

MEXC provides a premier platform for purchasing FRAG tokens, offering comprehensive trading services with robust security features and user-friendly interfaces. As a leading cryptocurrency exchange, MEXC supports FRAG trading with high liquidity, competitive fees, and advanced trading tools suitable for both beginners and experienced traders.

The exchange offers multiple trading pairs for FRAG, enabling flexible trading strategies and efficient price discovery. MEXC’s security infrastructure includes multi-layer protection protocols, cold storage systems, and comprehensive insurance coverage, ensuring user assets remain secure throughout the trading process.

How to Buy FRAG on MEXC

1. Create MEXC Account: Visit the official MEXC website and complete registration with email verification and KYC requirements
2. Deposit Funds: Transfer USDT or other supported cryptocurrencies to your MEXC wallet through the deposit function
3. Navigate to FRAG Trading: Use the search function to locate FRAG trading pairs or browse the trading section
4. Select Trading Pair: Choose your preferred FRAG trading pair (such as FRAG/USDT) from available options
5. Place Order: Decide between market order (immediate execution) or limit order (set specific price) based on your strategy
6. Confirm Transaction: Review order details including amount, price, and fees before confirming the purchase
7. Secure Storage: Consider transferring FRAG tokens to a personal wallet for enhanced security after purchase completion

Conclusion

Fragmetric represents a fundamental advancement in Solana’s DeFi ecosystem, pioneering liquid restaking technology that maximizes yield opportunities while strengthening network security. The FRAG token serves as the cornerstone of this innovation, enabling community governance, enhanced rewards, and direct participation in Solana’s expanding security infrastructure.

With over $300 million in TVL, 80,000+ participants, and exclusive NCN partnerships, Fragmetric has established itself as Solana’s premier liquid restaking protocol. The FRAG-22 asset management standard and community-driven governance model position the protocol for continued growth and innovation within the rapidly evolving DeFi landscape.

For investors, DeFi enthusiasts, and Solana ecosystem participants, Fragmetric offers a unique opportunity to maximize yields while contributing to network decentralization. As the protocol continues expanding its partnerships and technological capabilities, FRAG holders benefit from being at the forefront of Solana’s liquid restaking revolution.

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