Token swap and rebranding of Frax Share (FXS) to Frax (FRAX)

Frax Share (FXS) is rebranding to Frax (FRAX). Bybit will support the token swap and automatically convert all FXS to FRAX at a ratio of 1 FXS = 1 FRAX.

Key updates & timeline

Spot

Delisting & listing

- Delisting of the FXS/USDT trading pair: Jan 6, 2026, 8AM UTC

- Listing of the FRAX/USDT trading pair: Jan 12, 2026, 8AM UTC

- All open orders will be automatically canceled once trading ceases.

- Timelines are subject to change.

Deposits & withdrawals

- Suspension of FXS deposits and withdrawals: Jan 6, 2026, 6AM UTC

- Opening of FRAX deposits and withdrawals: Jan 12, 2026, 4AM UTC

- Deposits of FXS made after Jan 6, 2026, 6AM UTC will not be credited.

Rebranding

- FXS tokens will be rebranded and trade under the new ticker FRAX on Bybit.

- All FXS tokens will be swapped to FRAX at a conversion rate of 1 FXS = 1 FRAX.

Convert

- Removal of FXS from Bybit Convert: Jan 6, 2026, 6AM UTC. No further conversions from or to FXS will be available after this time.

- Removal of FXS from Bybit Convert Small Balances: Jan 6, 2026, 6AM UTC. Conversions from FXS to MNT/USDT/USDC will be unavailable after this time.

- Conversions involving FXS will be unavailable after the above date.

DCA Bot & Spot Grid Bot

If you have any active Spot Grid Bots or DCA Bots on FXSUSDT, please close them before Jan 6, 2026, 6AM UTC. Otherwise, your bots will be automatically terminated by the system.

You can create new bots on FRAXUSDT after Jan 12, 2026, 8AM UTC.

If you have any questions, contact our Customer Support via this [form](https://www.bybit.com/en/help-center/s/webform).

Thank your for your continued support.