Fragmetric introduces restaking-based security finance to Solana through liquid restaking and yield optimization.
What is Fragmetric
Fragmetric is a liquid restaking protocol built natively on Solana. Users can restake assets like SOL and JTO. This lets them earn different yield streams. They also keep their liquidity. The platform uses Liquid Restaking Tokens (LRTs) like fragSOL and fragJTO. This lets users earn rewards from staking, MEV, and restaking activities. The idea is simple: why lock up your tokens when you can stake, earn, and still take part in DeFi?
Fragmetric offers a liquid restaking token (LRT) instead of locking your assets. For example, you get fragSOL for SOL or fragJTO for JTO. You can trade these tokens, use them in DeFi, or move them freely. They also earn staking and MEV-based rewards in the background.
The protocol centers on a unique standard, FRAG‑22. This standard allows for transfer hooks and real-time yield accounting. Now, you won't wait for rewards to build up or stress over wrong splits. The protocol automatically figures out ownership and yield every time tokens move.
How Does Fragmetric Work?
Source: Fragmetric: Unlocking Composable Restaking with Solana’s Token-2022 StandardFragmetric integrates with the Solana ecosystem through token extensions and validator staking.
1. Deposit Assets
Users deposit SOL or JTO into Fragmetric’s staking vaults.
2. Receive fragTokens
In return, users get fragSOL or fragJTO. These liquid tokens represent a staked position.
3. Protocol Restakes for You
Fragmetric delegates your assets to top validators and restaking methods. This generates extra MEV and yield layers.
4. Transfer Hooks Trigger Updates
When you move your fragTokens, the FRAG‑22 standard triggers a smart contract hook. It recalculates your rewards and yield pool share in real time.
5. Earn Continuously
You earn yield from staking, MEV, and restaking bonuses while using your fragTokens in DeFi.
This system solves common issues in restaking protocols. With Fragmetric, everything is modular and real-time.
Fragmetric’s Core Features
What makes Fragmetric unique among restaking projects?
1. FRAG‑22 Token Standard
The FRAG‑22 standard adds smart transfer hooks to SPL tokens. This allows immediate yield recalculation and distribution as tokens move across wallets or DeFi apps.
2. Liquid Restaking Tokens (fragSOL, fragJTO)
FragTokens are tradable and usable in DeFi. They still earn staking and MEV rewards.
- Real-Time Normalized Rewards
Unlike other LRTs that earn rewards passively, Fragmetric ensures up-to-date accounting of yield for each holder.
3. Multi-Asset Support
Fragmetric starts with SOL and JTO, but plans to add BTC (via Kamino), ETH (via bridges), and others.
4. Developer SDK and Composability
Fragmetric’s SDK lets any DeFi project integrate fragTokens and create custom strategies, vaults, or rewards.
Fragmetric vs Competitors
In the (LRT) space on Solana, not all platforms are equal. Many focus only on issuing liquid staking tokens. Fragmetric builds a complete restaking infrastructure, with real-time accounting, programmable token hooks, multi-asset support, and developer tools.
Here’s how Fragmetric compares to competitors like Jito, Renzo, and Kyros/Adrastea across five key areas:
1. LRT Support
All major protocols offer an LRT product. However, only Fragmetric supports multiple tokens from the start, including fragSOL and fragJTO. Its design easily adapts to new assets like BTC or ETH.
Fragmetric: fragSOL, fragJTO, future support planned
Jito: jitoSOL only Renzo: ezETH only Kyros/Adrastea: kSOL, aSOL2. Real-Time Accounting
Many protocols, including Jito and Renzo, use batch-based accounting. They update rewards periodically.
In contrast, Fragmetric uses the FRAG‑22 token standard and its Normalized Token Program. This allows real-time reward calculations at the moment of transfer.
This keeps rewards accurate and current. It also allows for dynamic uses, like composable vaults and automated DeFi strategies.
3. Multi-Asset Support
Fragmetric is built for multi-asset restaking. It currently supports SOL and JTO and plans to add BTC (via Kamino), ETH, and more, making it highly flexible.
4. Developer SDK
Fragmetric is not just for users; it’s also for builders. It offers a plug-and-play SDK. This helps developers add fragTokens to their DeFi apps, strategies, and automation tools.
This level of developer composability is currently unique among LRT protocols on Solana.
5. Token Hooks
Fragmetric’s token hook architecture, enabled by FRAG‑22, is a major innovation. These smart hooks automatically trigger events during transfers. They handle things like reward recalculations and compliance checks. No other protocol, including Jito, Renzo, or Kyros, currently offers this event-driven token behavior. Fragmetric currently covers five main areas: real-time accounting, multi-asset staking, developer SDKs, token hooks, and composability.
Fragmetric stands out by combining several features. It uses multi-asset restaking, an event-driven setup, and real-time reward distribution. Other protocols mainly focus on issuing one LRT token. This makes Fragmetric a foundational layer for modular, programmable DeFi on Solana.
Fragmetric review
Fragmetric began as Solana’s first native liquid (re)staking protocol and evolved into the advanced FRAG-22 asset management standard. This new standard seamlessly integrates multi-asset deposits, precise reward distribution, and modular yield sourcing, empowering both developers and users to efficiently access sophisticated DeFi strategies.
Advanced Token Standard
The FRAG-22 standard has transfer hooks. It also tracks yields in real time. This allows for immediate reward calculations when tokens move. It avoids delays found in other protocols and helps create new DeFi patterns.
Multi-Asset Support
Strong Support
The protocol raised $12M from top VCs like Finality Capital, Hashed, RockawayX, and BitGo. This support provides both funding and strategic partnerships, validating the team's technical vision.
Developer-Friendly Infrastructure
Fragmetric offers a strong SDK. This lets any DeFi project easily add fragTokens and build custom strategies or vaults. This focus on developer tools turns Fragmetric into essential DeFi infrastructure.
Real-Time Reward Distribution
The Normalized Token Program quickly calculates and shares rewards during transfers. This ensures users always have accurate yield information for better DeFi decisions.
Key Solana Player
Fragmetric is connected to key Solana protocols. These include Kamino, Orca, and Switchboard NCN. These partnerships increase the utility and value of fragTokens as more protocols adopt them.
Early Stage Protocol
Launched in late 2024, Fragmetric is still developing core features. Key elements like broader multi-asset support and governance systems are still in the works.
New User Complexity
Advanced features like transfer hooks and multi-layer yield sources can be hard to learn. Users must grasp concepts like restaking and DeFi composability to fully leverage the platform.
Solana Dependency
Being Solana-native ties Fragmetric's success to Solana's network performance. Any issues with Solana can directly affect Fragmetric's functionality and user experience.
Limited Track Record
The team is active in the community but lacks a proven history like that of established protocols. Users must rely on the team's ability to deliver on their ambitious plans.
Solana LST opportunity
Jito leads in Solana liquid staking with jitoSOL. It holds a large market share, facing competition from established players. Convincing users to switch to a newer, more complex protocol is a tough challenge.
Opportunities
Fragmetric
Fragmetric will distribute 15% of the FRAG token as airdrop in the near future.