Convert USDM to FRAXon Ethereum
Swap MegaUSD (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 | $0.9981 | $0.9914 |
| Market cap | $17.49M | $217.44M |
| 24h volume | $309,265 | $364,660 |
| 24h change | -0.28% | +0.13% |
| 7d change | +0.80% | +0.10% |
| 24h high / low | $1.01 / $0.9887 | $0.9924 / $0.9901 |
| All-time high | $1.40 | $1.66 |
| Market cap rank | #912 | #169 |
What is the USDM to FRAX exchange rate?
At the current market price, 1 USDM ≈ 1.0068 FRAX, and 1 FRAX ≈ 0.99325643 USDM. The rate moves with the market; the exact amount you receive is quoted from live liquidity in your wallet before you sign.
In size terms MegaUSD is the junior asset: it is valued at $17.49M against Legacy Frax Dollar's $217.44M, a gap of about 12×. They currently rank #912 and #169 among all cryptocurrencies. Over the past 24 hours USDM is -0.28% while FRAX is +0.13%, so the USDM/FRAX rate has moved in FRAX's favour. Zooming out to a week, USDM has moved +0.80% while FRAX has moved +0.10%. With $309,265 and $364,660 in respective daily volume, neither side of a USDM→FRAX swap struggles for depth. USDM currently trades 28.9% 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 MegaUSD and Legacy Frax Dollar
MegaUSD (USDM) ranks #912 by market capitalisation at $17.49M. Compared with its $1.40 all-time peak, it currently trades 28.9% lower. Circulating supply stands at 17.52M USDM. USDM has moved +0.80% week-on-week and +0.20% over 30 days. Its 24-hour trading volume is $309,265.
Legacy Frax Dollar (FRAX) ranks #169 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 +0.10%, and +0.10% across 30 days. Its 24-hour trading volume is $364,660.
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?
Right now 1 USDM ≈ 1.0068 FRAX (and 1 FRAX ≈ 0.99325643 USDM). Rates update continuously from live market data; the exact amount you receive is quoted in your wallet before you sign.
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?
Speed depends on the route: same-chain trades are near-instant, while bridged cross-chain paths usually complete in a few minutes. Progress is trackable the whole way.
Are there fees to convert USDM to FRAX?
SwitchFi shows the network, DEX and bridge fees up front in the quote. You always see the minimum you'll receive before confirming — there are no hidden custody fees because you never give up control of your funds.
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.