Dear CoinEx users,
According to the FXS project's announcement, CoinEx will support FXS (Frax Share) mainnet swap and token name change to FRAX (Frax), with the allocating ratio of 1 FXS = 1 FRAX. To ensure your asset security, deposit, withdrawal, and trading services of FXS will be suspended for a designated period. The details are as follows:
FXS Services
1. The deposit and withdrawal services of FXS will be terminated at 03:00 on Jan 13, 2026 (UTC).
2. AMM fund in FXS/USDT trading pair will be refunded at 02:30 on Jan 13, 2026 (UTC).
3. FXS/USDT trading pair including spot grid and auto-invest plan, will be delisted and ALL orders in this market will be canceled at 03:00 on Jan 13, 2026 (UTC).
4. The listing time of the deposit and trading services of the FRAX token will be announced separately.
Notes
1. After the swap, the new token will enter an inflation phase. The token has an annual inflation of 8% initially, which decreases by 1% each year until reaching a floor of 3% after 6 years. FXS will NOT be credited to your account if you deposit after the suspended period, so please confirm again before depositing.
2. During the suspended period, all unexecuted FXS orders will be systematically closed, and related assets will be returned to your spot account.
3. If there are any ongoing trading strategies, please make adjustments in advance. Otherwise, the trades will be terminated automatically at 03:00 on Jan 13, 2026 (UTC).
4. For more token swap info, please refer to: https://x.com/fraxfinance/status/1917204290906820682
Risk Reminder
Crypto products are innovative investment products with large price fluctuations as well as high investment risks. Therefore, please evaluate and invest wisely based on your risk tolerance and financial resources.
CoinEx reserves the right of final interpretation of this announcement.
CoinEx Team
Jan 07, 2026