Swap USDM to frxUSD.

Swap from USDM to frxUSD with any crypto wallet across 30+ blockchains.

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About USDM

USDM is Mountain Protocol's regulated yield-bearing stablecoin, backed by short-term US Treasury Bills and designed to provide permissionless access to US government bond yields on-chain. With full regulatory backing and daily yield accrual, USDM offers both stability and return for DeFi users and institutions seeking compliant dollar exposure.

About frxUSD

frxUSD is Frax Finance's latest USD-backed stablecoin, designed to maintain a hard peg to the US dollar while integrating with Frax's broader ecosystem of yield-bearing and collateralised financial instruments. As the evolution of Frax's stablecoin strategy, frxUSD provides a reliable dollar-pegged asset for DeFi protocols and liquidity providers.

Frequently Asked Questions

How can I swap from USDM to frxUSD?

You can swap from USDM to frxUSD directly through Moove Swap, which allows you to swap 16,000+ cryptocurrencies across 30+ blockchains. Simply connect your wallet and choose the source and destination cryptocurrency to complete the swap from USDM to frxUSD.

What wallets can I use to swap from USDM to frxUSD?

You can use any major non-custodial wallets such as Moove Wallet, MetaMask, Phantom, Solflare, Trust Wallet, Backpack, Base and more to swap from USDM to frxUSD. Via moove.xyz, your crypto wallet will be able to access 16,000+ cryptocurrencies across 30+ chains including Bitcoin, Ethereum, Solana, Polygon, Base, Avalanche, Tron and more, ensuring an effortless and interoperable Web3 experience, even if you only own USDM or frxUSD.

What blockchains can I use to swap from USDM?

You can swap from USDM to frxUSD on 30+ blockchains on moove.xyz, including Bitcoin, Ethereum, Solana, Polygon, Base, Avalanche, Tron and more. Our platform enables permissionless and effortless multi-chain crypto remittance through embedded cross-chain bridges and integrated token swap routing, which empowers users to access any swap pairs, even if you only own USDM or frxUSD.

Where does my frxUSD settle to after swapping?

To swap from USDM to frxUSD, you are selling USDM from your connected source crypto wallet upon your confirmation, and buying frxUSD at the spot market price, which will automatically and directly settle to your connected destination wallet via the platform's embedded swap and bridge DeFi infrastructure.

What if I don't have a wallet to swap from USDM to frxUSD?

To swap from USDM to frxUSD, you will need to connect any supported non-custodial wallet that has USDM and can hold frxUSD to swap on the platform. Our platform is built to support permissionless and user-owned wallets, so creating a Moove Profile with a connected non-custodial wallet is required before transacting on moove.xyz. You can create a Moove Profile in under 60 seconds and connect any crypto wallet when you're ready.

What are the fees for swapping from USDM to frxUSD?

To swap from USDM to frxUSD, you only pay the gas fees required by the blockchain that you're swapping from and the protocol fees of moove.xyz. Protocol fees for any cross-token and cross-chain transactions, such as swap from USDM to frxUSD, it is a flat 0.02% per transaction of the spot market price.

What other cryptocurrencies similar to USDM and frxUSD can I swap?

Other than USDM and frxUSD, you can swap 16,000+ cryptocurrencies across 30+ blockchains, including stablecoins, major Layer-1 assets, Layer-2 tokens and more. This includes digital assets such as USDT, USDC, SOL, ETH, BTC, ARB, POL, OP and BNB, enabling a complete interoperable Web3 experience regardless of the cryptocurrency that you choose to swap, such as USDM and frxUSD.