The Solana liquid staking landscape witnessed a seismic shift as Jito, a leading staking protocol, opened deposits for its first restaking phase yesterday. Within hours, the platform hit its 147,000 SOL (≈$25M) capacity limit, signaling explosive demand for "Solana Restaking" — the ecosystem's newest frontier.
The fragSOL Phenomenon
Jito's current staking vault comprises three options:
- kySOL (by Kyros)
- ezSOL (by Renzo)
- fragSOL (by Fragmetric)
While the first two vaults allowed gradual user deposits, fragSOL reached its 49,000 SOL capacity instantly. This occurred because Fragmetric didn't open new deposits — instead, it allocated pre-staked SOL from its Phase 1 reserves. The protocol, launched just six days prior, has already achieved $8.4M TVL.
Why fragSOL Stands Out
As Solana's first Liquid Restaking Token (LRT), fragSOL enables users to:
- Restake SOL or LSTs (jitoSOL, mSOL, bSOL, INF)
Earn compounded rewards from:
- Base staking yields
- MEV rewards
- Additional protocols like Jito/Solayer/Picasso
👉 Discover how fragSOL outperforms traditional LSTs
Core Concepts Explained
Solana Restaking 101
Restaking enhances decentralized service security by pledging already-staked assets (e.g., LSTs). Pioneered by EigenLayer, this model lets users earn:
- Standard staking rewards
- Supplemental fees from partnered services
Liquid Restaking Tokens (LRTs)
Like LSTs but supercharged, LRTs represent restaked assets that remain DeFi-compatible. Fragmetric's fragSOL delivers:
✅ Liquidity
✅ Multi-source yields
✅ Seamless integration across Solana DeFi
The Native Advantage
Fragmetric's team embodies Solana's culture — their Mad Lads NFT PFPs signal deep ecosystem roots. This connectivity secured early partnerships with:
- Jito
- Sonic
- Backpack
Participation Guide (Updated)
Current Status
⚠️ Phase 1 deposits are full (withdrawals unlock in Phase 2)
🔜 Capacity increases expected mid-November
Pro Tips
- Backpack wallet users get 1.3x loyalty multiplier
Mad Lads holders qualify for:
- Discord exclusives
- Airdrop eligibility
👉 Optimize your restaking strategy today
FAQs
Why did fragSOL fill instantly?
Fragmetric allocated pre-committed Phase 1 SOL rather than opening new deposits.
Can I withdraw during Phase 1?
No — withdrawals activate in Phase 2.
How does fragSOL differ from jitoSOL?
While jitoSOL provides liquid staking, fragSOL adds restaking rewards from multiple protocols.
What’s the TVL growth potential?
With Phase 1 limits expanding soon and strong native adoption, expect rapid scaling.
Are there risks?
As with any restaking, smart contract vulnerabilities exist — audit reports available in Fragmetric’s docs.
How to maximize rewards?
Combine Backpack usage with early participation before Phase 2 demand surges.