Convert USDM to FRAXon Ethereum
Swap USDM (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 | $0.994 | $0.9918 |
| Market cap | $9.30M | $217.52M |
| 24h volume | $450,167 | $196,470 |
| 24h change | +5.13% | +0.06% |
| 7d change | -0.20% | +0.10% |
| 24h high / low | $0.9979 / $0.9357 | $0.992 / $0.9899 |
| All-time high | $1.41 | $1.66 |
| Market cap rank | #1248 | #168 |
What is the USDM to FRAX exchange rate?
At the current market price, 1 USDM ≈ 1.0023 FRAX, and 1 FRAX ≈ 0.99772646 USDM. The rate moves with the market; the exact amount you receive is quoted from live liquidity in your wallet before you sign.
USDM is the smaller side of this pair — Legacy Frax Dollar's market capitalisation of $217.52M is roughly 23× larger than USDM's $9.30M. They currently rank #1248 and #168 among all cryptocurrencies. Day-on-day, USDM printed +5.13% and FRAX printed +0.06%, meaning the exchange rate between them has moved in USDM's favour. Zooming out to a week, USDM has moved -0.20% while FRAX has moved +0.10%. Daily turnover runs at $450,167 for USDM and $196,470 for FRAX, so routed swaps between the two settle at market rates without moving the price. USDM currently trades 29.3% 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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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 USDM and Legacy Frax Dollar
With a total market value of $9.30M, USDM (USDM) sits at #1248 among all cryptocurrencies. It is trading 29.3% below its all-time high of $1.41. Circulating supply stands at 9.36M USDM. Recent performance reads -0.20% over 7 days and -0.50% over the past month for USDM. Around $450,167 of USDM changes hands every 24 hours.
Legacy Frax Dollar (FRAX) ranks #168 by market capitalisation at $217.52M. 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 $196,470.
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 1.0023 FRAX, and one FRAX to about 0.99772646 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?
Three steps: set the USDM amount, connect your wallet, then approve the best quoted USDM→FRAX route. Funds move wallet-to-wallet — SwitchFi never holds them.
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?
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 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.