MEXC Supports 1:1 FXS Token Swap to FRAX
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Dec 24 2025- Token Swap Plan: MEXC will suspend deposits, withdrawals, and trading of FXS on December 24, 2025, at 10:00 UTC, executing a 1:1 token swap to ensure seamless trading under the new FRAX branding, enhancing liquidity and usability for users.
- User Support Measures: Throughout the swap process, MEXC will provide technical support for FXS holders to ensure smooth token conversion and prevent asset losses due to erroneous deposits.
- Contract Update Notification: The old FXS contract will be retired, and a new FRAX contract address will take effect, requiring users to confirm token types post-swap to avoid potential asset losses, thereby enhancing user trust.
- Market Trend Reflection: This token swap reflects a growing trend among crypto exchanges to support token migrations and rebrandings, with MEXC reinforcing its infrastructure reliability for emerging token projects by backing Frax's upgrade.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
