Fragmetric: Liquid Restaking Pioneer on Solana

Protocol Overview
Fragmetric is the first liquid restaking protocol on Solana, designed to maximize capital efficiency and network security. Users deposit LSTs (Liquid Staking Tokens) like stSOL or jitoSOL and receive fragAssets—yield-bearing derivatives that unlock multiple income streams:
- Native staking rewards
- MEV income via Jito validator integrations
- External incentives from partner networks (e.g. Switchboard, Ping Network)
This multi-layered yield structure positions Fragmetric as a modular asset management protocol, evolving beyond simple staking.
Ecosystem Components
🔸 fragAssets
These are protocol-native tokens representing deposited assets. Examples include:
- fragSOL – for SOL and LSDs like jitoSOL, bbSOL
- fragJTO – for Jito-based deposits
- fragBTC – for wrapped BTC
They are fully liquid and usable across Solana DeFi protocols (Kamino, Orca, Exponent), while still accruing rewards from staking and restaking.
🔸 FRAG Token
The governance and incentive token of the Fragmetric ecosystem:
- Can be staked into FRAG² to receive voting tokens (FVT)
- Enables time-weighted governance (longer lockups = stronger vote)
- Unlocks economic benefits like boosted F Points and additional rewards
- Future DAO mechanisms may allow FRAG holders to receive protocol revenue or participate in buyback/burn strategies
🔸 Community: SANG (Solana Network Guard)
Fragmetric has cultivated a vibrant community through:
- Airdrops based on early participation and DeFi activity
- Campaigns rewarding NFT holders (e.g. Mad Lads, TOPU Inc)
- Active Discord engagement and presence at major events (e.g. KBW 2024)
Business Model & Revenue Streams
While user-facing services are free (excluding Solana network fees), Fragmetric monetizes through:
- Performance Fees: A small cut from restaking rewards, similar to Lido’s 10% staking fee. Though exact rates aren’t disclosed, protocol behavior suggests a similar structure.
- Validator Commissions: Node Operators earn a share of protocol rewards, potentially redistributed to FRAG holders via governance.
- MEV Partnerships: Integration with Jito’s TipRouter allows Fragmetric to capture MEV yield, a portion of which may be retained.
- Liquidity Deployment: Fragmetric may earn fees from protocols where it supplies fragAssets, enhancing its treasury.
These mechanisms support long-term sustainability and investor returns.
Token Price Forecast: FRAG in 2026

- Current Price (2025): ~$0.04
- Projected Price (2026): ~$1.25
- Growth Factors:
- Expansion of fragAsset utility across Solana DeFi
- Increased restaking TVL and validator integrations
- DAO activation and revenue sharing with FRAG holders
- Strengthening of SANG community and network effects
