Convert USDM to FRAXon Ethereum
Swap Mento Dollar (USDM) to Legacy Frax Dollar (FRAX) on Ethereum at the best cross-chain rate. SwitchFi routes your USDM → FRAX exchange across the top DEXs and bridges and settles straight from your wallet — non-custodial, no account, no sign-up.
USDM to FRAX market data
| Metric | USDM | FRAX · Ethereum |
|---|---|---|
| Price | $1.00 | $0.9914 |
| Market cap | $14.32M | $217.44M |
| 24h volume | $83,225 | $332,339 |
| 24h change | +0.19% | -0.07% |
| 7d change | +0.10% | +0.00% |
| 24h high / low | $1.01 / $0.9676 | $0.9922 / $0.9899 |
| All-time high | $2.08 | $1.66 |
| Market cap rank | #1019 | #168 |
What is the USDM to FRAX exchange rate?
At the current market price, 1 USDM ≈ 1.0106 FRAX, and 1 FRAX ≈ 0.98946307 USDM. The rate moves with the market; the exact amount you receive is quoted from live liquidity in your wallet before you sign.
Legacy Frax Dollar carries the larger market value of the two — $217.44M versus $14.32M for Mento Dollar. USDM holds rank #1019 while FRAX holds #168 by market capitalisation. The last 24 hours put USDM at +0.19% against -0.07% for FRAX — the USDM/FRAX rate has moved in USDM's favour. On a 7-day view the tape shows USDM +0.10% and FRAX +0.00%. Liquidity is ample on both legs — USDM trades $83,225 a day and FRAX trades $332,339 — so conversions execute at market rates. USDM currently trades 51.8% below its all-time high, while FRAX sits 40.4% under its own peak.
USDM to FRAX converter & price calculator
Indicative, based on current market prices. Get a live quote in the swap.
USDM / FRAX conversion tables
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Indicative estimate — the exact amount is confirmed in your wallet at execution.
About Mento Dollar and Legacy Frax Dollar
With a total market value of $14.32M, Mento Dollar (USDM) sits at #1019 among all cryptocurrencies. Compared with its $2.08 all-time peak, it currently trades 51.8% lower. Circulating supply stands at 14.28M USDM. Recent performance reads +0.10% over 7 days and +0.60% over the past month for USDM. Daily turnover comes to $83,225.
Legacy Frax Dollar (FRAX) ranks #168 by market capitalisation at $217.44M. The price sits 40.4% under the record high of $1.66. There are currently 219.32M FRAX in circulation. Over the last 7 days FRAX is +0.00%, and +0.00% across 30 days. Its 24-hour trading volume is $332,339.
How to convert USDM to FRAX
- 1 Enter the amount of USDM you want to convert — the swap widget on this page is prefilled with the USDM → FRAX pair.
- 2 Connect a compatible wallet: MetaMask, OKX, Trust Wallet, TokenPocket, TronLink, UniSat, Phantom and others.
- 3 Review the quoted route — the estimated and minimum amount of FRAX on Ethereum you will receive, plus network, DEX and bridge fees, are all shown before you sign.
- 4 Confirm the transaction in your wallet and track the swap on the My transactions page until the funds arrive.
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USDM to FRAX FAQ
What is the USDM to FRAX exchange rate?
At current prices one USDM converts to about 1.0106 FRAX, and one FRAX to about 0.98946307 USDM. The figure tracks the market in real time — the binding rate is the one quoted at execution.
How to swap, exchange or convert USDM to FRAX on SwitchFi?
Enter the amount of USDM you want to pay, connect your wallet, review the quote and confirm. SwitchFi routes the swap across DEXs and bridges to the best USDM→FRAX path — non-custodial, straight from your wallet.
Is the USDM to FRAX swap instant?
If both assets live on the same chain the swap confirms within seconds. Cross-chain conversions add a few minutes of bridge confirmation time, with live status tracking throughout.
Are there fees to convert USDM to FRAX?
The usual on-chain costs apply (network gas plus DEX/bridge fees), but they're disclosed inside the quote together with the minimum received. Nothing is charged for accounts or custody.
Do I need an account to exchange USDM for FRAX?
No account is needed. You connect a wallet, approve the swap and receive the funds directly — there is no registration or KYC step for on-chain swaps.
Market data by CoinGecko, cached server-side. Prices are informational — the exact swap rate is quoted at execution time.