Fragmetric
Best for independently tracked protocol
How it rates
- Accounting methodology published
- No audit report linked in the public dataset at this check
- Single-chain deployment
Each indicator scores 2, 1 or 0. A pillar is the points earned over the points available; the overall score is the weighted sum. Every source below is public — check any of them yourself.
- Not metIndependent audit report linked publicly
No audit report linked in the public dataset at this check.
defillama.com/protocol/fragmetric - Not met
- MetTracked by an independent analytics platform
Listed with published TVL and history.
defillama.com/protocol/fragmetric - MetAccounting methodology published in the dataset
Methodology published.
defillama.com/protocol/fragmetric - Met
- Met
- MetProtocol economics published independently
TVL and change history published.
defillama.com/protocol/fragmetric - Met
- PartialFee or reward model documented publicly
Application reachable for review; specific rates not captured at this check.
fragmetric.xyz - MetNo account required to reach the application
Reachable without an account at this check.
fragmetric.xyz
- Met
- Not met
- Not met
- Not met
- MetListed on the dataset for over a year
Listing date recorded in the dataset.
defillama.com/protocol/fragmetric
- MetIndependent analytics page published
Public protocol page with history.
defillama.com/protocol/fragmetric - Not met
- MetChains and category disclosed
Category Liquid Restaking, 1 chain(s).
defillama.com/protocol/fragmetric - Met
- Met
- Met
- Met
- Not met
- Met
- Met
A restaking protocol on Solana holding $5m, applying a model developed on Ethereum to a different consensus design.
Our assessment
Fragmetric holds $5m and applies restaking to Solana. The model was developed for Ethereum's consensus and validator economics, and porting it to a different chain raises questions that Ethereum's version has already partly answered.
Different consensus, different assumptions
Solana's validator economics, slashing rules and staking mechanics differ substantially from Ethereum's. A restaking design's safety depends on those specifics — what can be slashed, under what conditions, and how quickly stake can be withdrawn. Assuming the Ethereum model transfers intact is the mistake to watch for.
Early-stage in an early-stage category
Restaking is a young sector even on Ethereum, where its largest protocols have not yet been through a serious slashing event. On Solana it is younger still. Yields in new categories are high because the risks are unpriced, not because the opportunity is free.
The evidence gap
No audit report was retrievable at a public address at this check. For a novel mechanism on a chain where the model has not been proven, published review would carry more weight than for an established protocol.
Who it suits
Fragmetric fits Solana users who want early exposure to restaking on that chain in amounts they can lose. Users wanting proven, audited restaking should use Kelp on Ethereum.
Frequently asked
Does this score mean Fragmetric is safe?
No. It measures what an outsider can verify: linked audits, published methodology and independently recorded market data. Contract risk is not tested by us.
Where do the TVL and audit figures come from?
A public analytics dataset queried at the verification date, plus the audit reports it links. Both are re-runnable by anyone.
Why do some protocols score zero on audits?
Because no audit report is linked in the public record. The indicator records what a user can reach, not a claim that no audit exists.