Convert USDM to FRAXon Ethereum
Swap Monetrix USD (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 | $0.9915 |
| Market cap | $2.56M | $217.45M |
| 24h volume | $110,367 | $109,978 |
| 24h change | +0.46% | -0.01% |
| 7d change | +0.00% | +0.10% |
| 24h high / low | $1.00 / $0.994 | $0.9956 / $0.9877 |
| All-time high | $1.04 | $1.66 |
| Market cap rank | #2111 | #169 |
What is the USDM to FRAX exchange rate?
At the current market price, 1 USDM ≈ 1.0096 FRAX, and 1 FRAX ≈ 0.99051449 USDM. The rate moves with the market; the exact amount you receive is quoted from live liquidity in your wallet before you sign.
Monetrix USD is the smaller side of this pair — Legacy Frax Dollar's market capitalisation of $217.45M is roughly 85× larger than Monetrix USD's $2.56M. USDM holds rank #2111 while FRAX holds #169 by market capitalisation. The last 24 hours put USDM at +0.46% against -0.01% for FRAX — the USDM/FRAX rate has moved in USDM's favour. Across the last 7 days the comparison reads +0.00% for USDM versus +0.10% for FRAX. Daily turnover runs at $110,367 for USDM and $109,978 for FRAX, so routed swaps between the two settle at market rates without moving the price. Measured from record highs, USDM is down 3.4% and FRAX is down 40.4%.
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 Monetrix USD and Legacy Frax Dollar
Monetrix USD (USDM) is the #2111 cryptocurrency by market cap, worth $2.56M in aggregate. It is trading 3.4% below its all-time high of $1.04. There are currently 2.56M USDM in circulation. Over the last 7 days USDM is +0.00%, and +0.50% across 30 days. Daily turnover comes to $110,367.
Legacy Frax Dollar (FRAX) ranks #169 by market capitalisation at $217.45M. 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 $109,978.
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 ≈ 1.0096 FRAX (and 1 FRAX ≈ 0.99051449 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?
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. 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.