Liquid Restaking · Review
ActiveFragmetric Review 2026: Liquid Restaking on Solana
Fragmetric is a native liquid restaking protocol on Solana that issues tokens for restaked assets and normalizes different liquid staking tokens. It is small by TVL and lists no audits on DefiLlama, so treat it as an early-stage product.
By the DappsAtlas editorial team · Updated
DappsAtlas score
5.5/10
Mixed
Our verdict on Fragmetric
5.5/10Fragmetric suits experienced Solana users who want exposure to native restaking and are comfortable with early-stage protocols. Its main strength is a focused design: a Normalized Token Program and token-extension reward distribution aimed at Solana's LSTs. The main caveat is risk. TVL is about $1.9 million, it fell 14.5% in a week, no audits are listed on DefiLlama, and fees and withdrawal terms are not. Verify those details in the docs first.
Score breakdown
How Fragmetric scores
- Security
- 4.5/10
- Ease of use
- n/a
- Fees
- n/a
- Features
- 6.0/10
Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.
What is Fragmetric?
Fragmetric is a liquid restaking protocol built natively on Solana. Its stated goal is a safe, open and efficient restaking system that supports the stability of the Solana restaking ecosystem.
The project says it has carried out NCN reward distribution using Solana's token extension, and that it created a Normalized Token Program for using many liquid staking tokens on restaking platforms. DefiLlama lists it under Liquid Restaking, with FRAG as its token and a listing date of 2024-10-27.
Adoption is modest: TVL is about $1.95 million, down 14.5% in the past week according to DefiLlama. DefiLlama lists no audits. The project does not cover fees, yields or the team, so this review stays at the level of what the project says about itself.
How Fragmetric works
Restaking lets assets that are already staked, or liquid staking tokens, be used again to help secure other networks or services. In return, restakers can earn extra rewards. A liquid restaking protocol issues a token that represents the deposit so the position stays usable.
Fragmetric runs this on Solana. According to its description, it uses Solana's token extensions to distribute rewards from NCNs, and it built a Normalized Token Program to combine different liquid staking tokens into a form that restaking platforms can use more efficiently.
The specifics of how rewards are calculated, which NCNs are supported and how withdrawals work are not stated publicly reviewed here. Those details should be confirmed in the documentation.
5 features
Key features
01
Native Solana restaking
Fragmetric is built as a native restaking protocol on Solana, aimed at the security and economic potential of that ecosystem.
02
Liquid restaking tokens
Users receive liquid tokens for restaked positions, which is the standard model for liquid restaking, so capital is not simply locked.
03
NCN reward distribution
Fragmetric says it distributed NCN rewards using Solana's token extension feature, aiming to share rewards fairly.
04
Normalized Token Program
The protocol built a Normalized Token Program to let various liquid staking tokens be used together in restaking.
05
Docs and blog
The project publishes documentation and a blog, linked from its homepage, where users can find technical and product details.
Pros and cons
What we like
- Native focus on Solana restaking, a specific niche
- Normalized Token Program is designed to make different liquid staking tokens usable together
- Uses Solana token extensions for reward distribution
- Liquid tokens keep restaked positions usable
- Documentation and blog are available from the official site
Watch out for
- TVL is small at about $1.9 million, which points to limited adoption compared with larger staking products
- TVL fell 14.5% over the last seven days, per DefiLlama
- DefiLlama lists no audits for the protocol
- Fee levels, reward rates and withdrawal terms are not
- Restaking adds layers of smart-contract and slashing-style risk on top of ordinary staking
- Solana restaking is a young sector, and the protocol has a short track record since late 2024
Fragmetric fees
Fees are not published publicly available for this review. That includes any deposit, withdrawal, performance or protocol fee on restaked assets.
Users should check the restaking app and the official documentation to see any fee or commission before depositing. Normal Solana network fees apply to any on-chain transaction.
Is Fragmetric safe?
DefiLlama lists no audits for Fragmetric. Readers should look for audit reports in the official documentation and not assume the contracts have been reviewed. Restaking adds smart-contract risk and may expose deposits to penalties tied to the services being secured, depending on the design.
The project does not describe custody, governance, admin keys or any incidents. TVL is small, which can mean thinner liquidity for the liquid tokens. Only deposit what you can afford to lose, and verify the official domain before connecting a wallet.
6 steps
How to get started with Fragmetric
- 1
Read the documentation and blog on the official site to understand how restaking works and what risks apply.
- 2
Set up a Solana wallet and fund it with SOL or a supported liquid staking token.
- 3
Open the restaking app via the Restake Now link on the official site and check that you are on the correct domain.
- 4
Review the supported assets, fees, reward details and withdrawal terms shown in the app.
- 5
Start with a small amount to confirm the process before committing more.
- 6
Track your position and the reward distribution over time.
Who Fragmetric is for
Fragmetric is for Solana users who already understand liquid staking and want to try restaking, and who are willing to read documentation and accept smart-contract risk. It is not suited to beginners or anyone who needs audited, battle-tested infrastructure.
Fragmetric FAQs
What is Fragmetric?
Fragmetric is a liquid restaking protocol on Solana. Users restake assets and receive liquid tokens, while the protocol distributes rewards using Solana's token extensions.
Does Fragmetric have a token?
DefiLlama lists FRAG as the protocol's token. the public information available do not describe its utility, supply or distribution, so check the official documentation before drawing conclusions.
Which blockchain does Fragmetric run on?
Public sources only show Solana. Fragmetric describes itself as a native Solana restaking protocol.
Has Fragmetric been audited?
DefiLlama lists zero audits for Fragmetric. That does not prove the code is unsafe, but it means readers should look for audit reports in the official documentation and weigh the risk accordingly.
How big is Fragmetric?
It was listed on DefiLlama on 2024-10-27. Its TVL was about $1.95 million at the time of the data, which is modest. The 7-day TVL change was -14.5%.
What are Fragmetric's fees and yields?
The project does not specify fees, yields or withdrawal times. Check the app and documentation before depositing.
Compare
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How we checked
Sources
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