KuCoin Will Support the Frax Share (FXS) Mainnet Integration and Rebranding to Frax (FRAX)

Dear KuCoin Users,
KuCoin will support the Frax Share (FXS) Mainnet integration and rebranding to Frax (FRAX). The FXS to FRAX token swap will automatically be completed for FXS holders on KuCoin.
The arrangements are as follows:
1. KuCoin Trading Bot will delist the FXS/USDT trading pair at 02:00 on January 26, 2026 (UTC). Bot including Spot Grid, AI Spot Trend, Spot Martingale, Infinity Grid, DCA, Spot Grid AI Plus and Smart Rebalance.
3. The trading services for FXS/USDT trading pair will be closed at 07:00 on January 26, 2026 (UTC).
4. To complete the swap, KuCoin will take snapshots of users’ FXS assets at 10:00 on January 26, 2026 (UTC). After the snapshot, we will convert the old FXS tokens to the new FRAX tokens at a ratio of 1:1 (1 old FXS = 1 new FRAX).
5. Deposit and withdrawal services of FRAX as well as the trading services for the FRAX/USDT trading pair will be opened after the swap is completed. We will notify users in a further announcement.
Please note:
1. Minimum holding for eligibility: 0.9 FXS.
2. The snapshots will include FXS balances in Spot accounts (Funding Account + Trading Account).
3. FXS tokens that were in pending deposit or withdrawal at the time of the snapshots will not be counted towards your balance.
4. After the deposit, withdrawal, and trading services for FXS are closed, the FXS token will NO longer be supported on KuCoin. For users who deposit FXS afterward, KuCoin will NOT be able to cover users’ losses.
For further information on the rebranding and token swap, please refer to:
Thanks for your understanding and support!
The KuCoin Team
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