Key takeaways:
- FRAG will be available for trading on Bitget starting July 1, including support for USDT pairs.
- Bitget users can earn FRAG through staking and trading, with 4.6 million tokens allocated in campaigns.
- Fragmetric introduces the FRAG-22 protocol to enhance liquid staking and multi-asset DeFi access.
Bitget to support Fragmetric token with reward-focused launch
Bitget will list Fragmetric (FRAG), a Solana-based DeFi asset, on July 1, 2025. The FRAG/USDT spot trading pair will go live at 8:30 UTC, with withdrawals enabled on July 2. The listing will place FRAG in Bitget’s Innovation, LSD, and Solana Ecosystem Zones.
Initial Listing - $FRAG @fragmetric
— Bitget (@bitgetglobal) June 27, 2025
🔹Pair: FRAG/USDT
🔹Deposit available: Now
🔹Trading available: July 1, 8:30 AM (UTC)
🔥 4,600,000 FRAG are up for grabs on Launchpool & Candybomb!
Details: https://t.co/yrtW3O9Zt3 pic.twitter.com/LhQwOqSlxt
In conjunction with the listing, Bitget will roll out dual promotional events: Launchpool and CandyBomb. These campaigns collectively offer 4.6 million FRAG tokens in user rewards.
Launchpool participants can stake either BGB or FRAG tokens to earn rewards. The campaign, which runs from July 1 to July 4, will distribute 3.8 million FRAG to BGB stakers and 400,000 FRAG to FRAG stakers. At the same time, the CandyBomb event will allocate 400,000 FRAG to users trading the FRAG/SOL pair. This event is aimed at onboarding new users and will remain open until July 8.
Fragmetric began as a native liquid staking protocol for Solana and has since developed the FRAG-22 asset management standard. This framework supports more complex DeFi strategies, including multi-asset deposits and modular yield systems. The token's design is intended to streamline how users and developers engage with DeFi infrastructure.
The listing enhances Bitget’s role as a launch platform for new digital assets. With over 900 tokens now supported, Bitget’s ecosystem continues to expand across networks such as Ethereum, Solana, TON, and Base.
What is Bitget?
Bitget is a global cryptocurrency trading platform founded in 2018, currently serving over 120 million users in more than 150 regions. The exchange is known for its copy trading tools and broad selection of digital assets. It also operates Bitget Wallet, a decentralized crypto wallet that supports over 130 blockchain networks and enables users to access staking, swaps, and decentralized applications.
Bitget is actively involved in mainstream partnerships, including regional sponsorships with LALIGA and collaborations with Turkish sports figures such as world champion wrestler Buse Tosun Çavuşoğlu and volleyball player İlkin Aydın.
A closer look at IEOs and token launch platforms
Initial Exchange Offerings (IEOs) are fundraising events where exchanges host token sales and manage distribution. Participants stake or commit their holdings — usually the platform’s native token — in return for allocations of the new asset.
Launchpool campaigns like the one supporting FRAG offer users a way to participate in new projects with minimal barriers. They also give early exposure to assets before or shortly after market debut. In contrast to traditional token sales, IEOs on exchanges like Bitget are managed with built-in access to liquidity, custody tools, and post-sale trading support.
CandyBomb campaigns often complement IEOs, helping bring new users onto the platform and boosting token visibility through trading rewards.
The bottom line
With the addition of Fragmetric and its reward-rich campaign, Bitget is offering users a gateway into one of Solana’s more technical DeFi tools. The FRAG listing illustrates Bitget’s commitment to launching high-utility tokens, while giving users early opportunities to participate through structured staking and trading events.