Fragmetric
Fragmetric is a Solana-native liquid restaking protocol that lets users stake SOL and receive liquid staking tokens, enabling restaking rewards while preserving capital liquidity for the broader Solana DeFi ecosystem.
- Company typePrivate
- Founded2024
- HeadquartersDelaware, United States
- Headcount11–50
- GTM typeB2C
- OfferingSoftware
What Fragmetric does
Fragmetric is a Solana-native liquid restaking protocol founded in 2024 and based in Delaware, United States. The company operates a single product offering — a liquid restaking mechanism built on the Solana blockchain — that allows users to stake SOL (Solana's native token) and receive liquid staking tokens (LSTs) in return. These LSTs are designed to remain composable across the Solana DeFi ecosystem while the underlying SOL secures the network via restaking, enabling users to earn restaking rewards without sacrificing capital liquidity.
The underlying technology is a Solana-program-based protocol that intermediates between stakers, validators, and downstream DeFi integrations. Its core value proposition addresses Solana network participants who want to maximize capital efficiency by earning both base staking and restaking yields while keeping their assets liquid. No additional product modules, add-ons, or separate SKUs have been disclosed; the platform is positioned as a unified liquid restaking infrastructure layer.
Fragmetric's business model is consistent with DeFi protocol economics — the company likely earns a fee on restaked assets or protocol-level transactions, though no pricing, fee structure, or revenue disclosures are publicly available. The company is privately held with no IPO indicators, has an 11–50 employee team, and has raised approximately $12M across three funding rounds between November 2024 and March 2025 from crypto-native investors including Amber Group, BitGo, Finality Capital Partners, Hashed, Hypersphere Ventures, Legends Group, and RockawayX. Go-to-market motion, named customer segments, and pricing details are not disclosed in the available data.
Fragmetric firmographics
Firmographics- Name
- Fragmetric
- Website
- https://fragmetric.xyz
- Company type
- Private
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Fragmetric is a Solana-native liquid restaking protocol that lets users stake SOL and receive liquid staking tokens, enabling restaking rewards while preserving capital liquidity for the broader Solana DeFi ecosystem.
- Ownership category
- akta.pro rank
Fragmetric industry classification
Industry- Product category
- Liquid Restaking Protocol
- NAICS
- Securities and Commodity Exchanges (52321)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- Liquid Staking Tokens (LST) & Liquid Restaking Tokens (LRT) Issuers (FSADAHAI)
- akta.pro secondary industries
- Staking, Restaking & Liquid Staking Finance (LST/LRT, validator markets) (FSAPAEAH), Liquid Staking Protocols & Liquid Staking Tokens (LST) (FSADAOAL), Liquid Staking & Restaking Protocols (FSADAMAE)
Keywords
Where Fragmetric is headquartered
LocationHeadquarters
- HQ city
- Delaware
- HQ country
- United States
- HQ region
- North America
Markets served
Fragmetric business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Operations, Infrastructure
Fragmetric product offering
Product offeringCore offering
Fragmetric operates a native liquid restaking protocol on the Solana blockchain that allows users to deposit SOL and receive liquid staking tokens (LSTs) in return. These LSTs can be used across the broader DeFi ecosystem while the underlying SOL continues to earn restaking rewards, improving capital efficiency for Solana network participants.
Product overview
Fragmetric is a single unified product offering — a liquid restaking protocol on Solana. The platform enables users to stake SOL (Solana's native token) and receive liquid staking tokens (LSTs) that can be used across the DeFi ecosystem while earning restaking rewards. The product is described simply as 'LIQUID RESTAKING ON SOLANA' with no separate modules or add-ons mentioned.
Differentiator
Problem solved
Functional benefit
Products and services
- Liquid Restaking Protocol A liquid restaking protocol built on the Solana blockchain that allows users to stake SOL and receive liquid staking tokens in return, enabling restaking rewards while maintaining liquidity for use across the DeFi ecosystem.
Companies that use Fragmetric
Customer profileIdeal customer profiles2 records
Fragmetric technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Fragmetric partnerships and signals
Strategic signalRecent moves4 records
Expansion highlights4 records
Fragmetric competitors and assessment
Company assessmentDirect peers
- Jito Labs: Operator of JitoSOL, the dominant liquid staking token on Solana. Competes directly with Fragmetric for SOL stakers seeking liquid, MEV-augmented yield and downstream DeFi composability.
- Marinade Finance: Solana-native liquid staking protocol offering mSOL. A direct competitor for native SOL liquid staking flows and a likely integrator or competitor for any restaking layer Fragmetric builds.
- Sanctum: Solana LST infrastructure provider enabling multi-LST liquidity and yield. Competes on Solana-native LST interoperability and is a close functional peer for liquid staking token issuance and routing.
- Solayer: Solana-native restaking protocol. Targets the same SOL restaking use case as Fragmetric and is the most head-to-head competitor within Solana's restaking niche.
Emerging players
- Eigenpie (Swell): Liquid restaking protocol on Ethereum that issues LRTs against restaked ETH. A cross-chain analogue with comparable product mechanics, useful for restaking architecture and token-economics benchmarking.
- Renzo: Ethereum liquid restaking protocol issuing ezETH. Comparable LRT issuance model and operator-set abstraction, providing a relevant reference point for Fragmetric's design and integrations.
- Karak: Multi-chain restaking layer supporting Ethereum and additional networks. Comparable architecture and economic model to Fragmetric, with broader chain coverage as a strategic contrast.
- Kelp DAO: Liquid restaking protocol issuing rsETH on Ethereum. Comparable LRT product with an established AUM base, serving as a useful benchmark for Fragmetric's growth trajectory.
Broad incumbents
- EtherFi: Largest liquid restaking protocol on Ethereum by TVL, issuing eETH. Defines the restaking category standard and competes for cross-chain restaking capital and integrator mindshare.
Others
- BitGo: Institutional crypto custody and staking infrastructure provider, and an investor in Fragmetric. Relevant as a distribution and custody partner that also operates competing staking and restaking services for institutional clients.
Market position
Strengths3 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights4 records
Customer concentration
Fragmetric social profiles
Digital presenceFragmetric financial estimates
Financial estimateRevenue estimate
Valuation estimate
Fragmetric leadership team
Management profileNumber of profiles
Fragmetric funding detail
Funding detailFunding overview
Funding rounds3 records
Investors13 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Fragmetric M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Fragmetric
What does Fragmetric do?
Fragmetric operates a native liquid restaking protocol on the Solana blockchain that allows users to deposit SOL and receive liquid staking tokens (LSTs) in return. These LSTs can be used across the broader DeFi ecosystem while the underlying SOL continues to earn restaking rewards, improving capital efficiency for Solana network participants.
Is Fragmetric a public or private company?
Fragmetric is a private company. It is classified as venture growth investor backed and is currently operating.
When was Fragmetric founded?
Fragmetric was founded in 2024. It employs 11 to 50 people.
Where is Fragmetric based?
Fragmetric is headquartered in Delaware, United States, in the North America region.
Who are Fragmetric's main competitors?
Direct peers on record are Jito Labs, Marinade Finance, Sanctum and Solayer. Emerging players are Eigenpie (Swell), Renzo, Karak and Kelp DAO. EtherFi is listed as a broad incumbent. BitGo is listed as an others.
Does Fragmetric have an API?
No public API is recorded for Fragmetric.
What industry is Fragmetric in?
Fragmetric's product category is Liquid Restaking Protocol. Its primary akta.pro industry code is FSADAHAI, Liquid Staking Tokens (LST) & Liquid Restaking Tokens (LRT) Issuers, with a secondary code of FSAPAEAH, Staking, Restaking & Liquid Staking Finance (LST/LRT, validator markets). Its NAICS code is 52321 and its SIC code is 6200.