Bitget, a leading cryptocurrency exchange and Web3 enterprise, has announced the listing of Fragmetric (FRAG) in its Innovation, LSD, and Solana Ecosystem Zone. The FRAG/USDT trading pair is scheduled to commence on July 1, 2025, at 8:30 UTC. Withdrawals for FRAG will be enabled starting July 2, 2025, at 9:30 UTC.
Alongside the spot trading launch, Bitget is introducing a dedicated Launchpool event. Eligible participants can stake BGB and FRAG tokens to share a total reward pool of 4.2 million FRAG tokens. The Launchpool initiative will run from July 1, 2025, at 8:30 UTC until July 4, 2025, at 8:30 UTC. The BGB pool offers 3.8 million FRAG, while the FRAG pool provides an additional 400,000 tokens.
Additionally, Bitget is launching a CandyBomb campaign with 400,000 FRAG allocated for new users. Participants can earn rewards through the FRAG/SOL trading activity pool. This promotional event will be active from July 1, 2025, at 8:30 UTC to July 8, 2025, at 8:30 UTC.
What Is Fragmetric (FRAG)?
Fragmetric began as the first native liquidity restaking protocol on the Solana blockchain. It has since evolved into an advanced FRAG-22 asset management standard. This new framework integrates multi-asset deposits, precise reward distribution, and modular yield sources. It allows developers and users to efficiently deploy complex DeFi strategies.
The FRAG-22 standard is designed to enhance capital efficiency and simplify yield generation processes within the decentralized finance landscape.
Benefits of FRAG Listing on Bitget
The introduction of FRAG on Bitget provides users with access to an innovative project within the Web3 ecosystem. This listing reinforces Bitget’s position as a hub for emerging digital assets. It offers traders and investors opportunities to engage with promising new tokens.
Bitget continues to expand its market share in both spot and derivatives trading. The platform supports over 900 different assets, making it one of the top five crypto exchanges globally. It features tokens from major ecosystems including TON, Ethereum, Solana, and Base.
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How to Participate in the Launchpool
Participation in the Launchpool is straightforward. Users need to hold BGB or FRAG tokens in their Bitget accounts. These assets can be staked in the respective pools to earn FRAG rewards over the campaign period.
The CandyBomb event is tailored for new users, offering them a pathway to earn FRAG tokens through trading activities. This approach helps widen community involvement and promotes broader token distribution.
Frequently Asked Questions
What is the total supply of FRAG tokens?
While the exact total supply isn't specified in the announcement, the reward pool for Bitget's Launchpool and CandyBomb events totals 4.6 million FRAG tokens.
How can I buy FRAG tokens?
After the listing date, FRAG can be traded on Bitget's spot market via the FRAG/USDT trading pair. Users can also earn tokens by participating in the Launchpool or CandyBomb events.
What makes Fragmetric unique?
Fragmetric introduces the FRAG-22 standard, which supports multi-asset deposits and modular yield generation. It simplifies complex DeFi operations for both developers and end-users.
Is there a risk warning for participants?
Yes, like all digital assets, FRAG tokens are subject to market volatility. Investors should only commit funds they are prepared to lose and consider seeking independent financial advice.
Can users from all regions participate?
Bitget serves users in over 150 countries, but participants should always check local regulations regarding cryptocurrency trading and staking.
What is the future potential of FRAG?
As a project focused on liquidity restaking and asset management, FRAG aims to address capital efficiency challenges in DeFi. Its success will depend on adoption and market conditions.
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Conclusion
Bitget's listing of Fragmetric and the accompanying token reward events highlight the exchange's commitment to offering diverse and innovative crypto opportunities. The FRAG token introduces a novel approach to liquidity management and yield generation on Solana and beyond.
As with any cryptocurrency investment, users should conduct thorough research and understand the associated risks. Bitget provides a platform for engaging with new assets, but informed decision-making is essential for participants.