Convert MM1-USD to FRAXon Ethereum
Swap Midas M1 USD Market Neutral (MM1-USD) to Legacy Frax Dollar (FRAX) on Ethereum at the best cross-chain rate. SwitchFi routes your MM1-USD → FRAX exchange across the top DEXs and bridges and settles straight from your wallet — non-custodial, no account, no sign-up.
MM1-USD to FRAX market data
| Metric | MM1-USD | FRAX · Ethereum |
|---|---|---|
| Price | $1.01 | $0.9943 |
| Market cap | $28.64M | $238.21M |
| 24h volume | $0 | $1.76M |
| 24h change | +0.00% | +0.36% |
| 7d change | +0.00% | +0.43% |
| 24h high / low | $1.01 / $1.01 | $0.996 / $0.9871 |
| All-time high | $1.01 | $1.14 |
| Market cap rank | #664 | #146 |
What is the MM1-USD to FRAX exchange rate?
At the current market price, 1 MM1-USD ≈ 1.0198 FRAX, and 1 FRAX ≈ 0.98060651 MM1-USD. The rate moves with the market; the exact amount you receive is quoted from live liquidity in your wallet before you sign.
Midas M1 USD Market Neutral is the smaller side of this pair — Legacy Frax Dollar's market capitalisation of $238.21M is roughly 8.3× larger than Midas M1 USD Market Neutral's $28.64M. They currently rank #664 and #146 among all cryptocurrencies. Over the past 24 hours MM1-USD is +0.00% while FRAX is +0.36%, so the MM1-USD/FRAX rate has moved in FRAX's favour. Across the last 7 days the comparison reads +0.00% for MM1-USD versus +0.43% for FRAX.
MM1-USD to FRAX converter & price calculator
Indicative, based on current market prices. Get a live quote in the swap.
MM1-USD / FRAX conversion tables
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Live quote, net of DEX/bridge/gas fees. The final amount is confirmed in your wallet at execution.
Indicative estimate — the exact amount is confirmed in your wallet at execution.
About Midas M1 USD Market Neutral and Legacy Frax Dollar
Midas M1 USD Market Neutral (MM1-USD) ranks #664 by market capitalisation at $28.64M. It is trading close to its all-time high of $1.01. There are currently 28.25M MM1-USD in circulation.
Legacy Frax Dollar (FRAX) ranks #146 by market capitalisation at $238.21M. The price sits 12.8% under the record high of $1.14. There are currently 239.57M FRAX in circulation. Over the last 7 days FRAX is +0.43%, and +0.15% across 30 days. Its 24-hour trading volume is $1.76M.
How to convert MM1-USD to FRAX
- 1 Enter the amount of MM1-USD you want to convert — the swap widget on this page is prefilled with the MM1-USD → 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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MM1-USD to FRAX FAQ
What is the MM1-USD to FRAX exchange rate?
Right now 1 MM1-USD ≈ 1.0198 FRAX (and 1 FRAX ≈ 0.98060651 MM1-USD). 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 MM1-USD to FRAX on SwitchFi?
Type in how much MM1-USD you're converting, connect a wallet, check the quoted MM1-USD→FRAX route and confirm in the wallet. The router compares DEX and bridge paths and settles without ever taking custody.
Is the MM1-USD 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 MM1-USD to FRAX?
All costs — gas, DEX fees and any bridge fee — are included in the quote before you sign, along with the guaranteed minimum you'll receive. There are no account or custody charges.
Do I need an account to exchange MM1-USD for FRAX?
No. SwitchFi is a non-custodial router — connect a compatible wallet and swap. No sign-up, no KYC to use the on-chain swap.
Market data by CoinGecko, cached server-side. Prices are informational — the exact swap rate is quoted at execution time.