Bitget expands Solana ecosystem offerings with Fragmetric listing
Crypto exchange Bitget will soon list Fragmetric (FRAG) for spot trading, adding the asset to its Innovation, LSD, and Solana Ecosystem Zones. Trading of the FRAG/USDT pair begins July 1, 2025 at 8:30 UTC. Token withdrawals will follow a day later, starting at 9:30 UTC on July 2.
To mark the listing, Bitget is launching a rewards campaign featuring 4.6 million FRAG tokens. Users can earn rewards through two parallel campaigns: Launchpool and CandyBomb.
Launchpool participants can stake either Bitget’s native BGB token or FRAG to earn rewards over a three-day period ending July 4. The BGB pool holds 3.8 million FRAG, while the FRAG pool offers 400,000 tokens.
Meanwhile, the CandyBomb campaign — designed to welcome new users — will distribute an additional 400,000 FRAG through a trading-based rewards system tied to the FRAG/SOL pair. This event runs from July 1 through July 8.
Fragmetric began as a liquid staking protocol native to Solana. It now supports a broader range of decentralized finance applications under its new FRAG-22 framework. This asset standard supports multi-asset deposits, modular reward strategies, and precise distribution mechanisms tailored to advanced DeFi needs.
The listing aligns with Bitget’s focus on offering access to trending projects across various blockchain ecosystems. The exchange currently supports more than 900 assets and ranks among the top five globally for both spot and derivatives trading volumes.
What is Bitget?
Bitget is a global crypto trading platform established in 2018, offering spot, futures, and staking services to over 120 million users across more than 150 countries. The platform is also home to Bitget Wallet, a non-custodial multi-chain wallet that integrates over 130 blockchain networks and supports a wide range of DeFi tools and decentralized applications.
In addition to its crypto services, Bitget is active in brand partnerships. It currently serves as an official partner of LALIGA in several key regions and has collaborated with high-profile athletes to promote blockchain adoption worldwide.
How launchpads and IEOs work
Initial Exchange Offerings (IEOs) are structured token sales conducted through centralized exchanges like Bitget. Through campaigns such as Launchpool, users can stake existing tokens like BGB in return for a share of new tokens being launched.
Unlike traditional fundraising methods, IEOs handled by exchanges provide built-in user access and liquidity, and often include additional perks like early trading access and reward pools. These models are increasingly used by projects looking to engage active crypto communities from day one.
Bitget’s use of campaigns like CandyBomb helps further incentivize participation by rewarding early adopters and new users during token listing periods.
The bottom line
Bitget’s addition of Fragmetric offers traders access to one of Solana’s evolving DeFi projects while introducing staking-based reward opportunities. With 4.6 million FRAG tokens available and the listing integrated across multiple platform zones, Bitget continues to position itself as a key entry point for emerging digital assets.
