Franklin X

Franklin X, also called Franklin X Protocol (ticker FRNX), was an AI portfolio agent on Solana. It has no link to Franklin Templeton, Franklin Sports or BlockRun's Franklin Agent. It suggested token mixes at three risk levels, as swaps users signed from their own wallets. The app opened in beta in February 2025. Its FAQ called it the first AI agent to launch on Virtuals VIRTUAL$0.461-2.2% on Solana.

The project is now shut. Its site, frnx.ai, is an archive page that says: "While we've decided to sunset the Franklin X protocol, we're proud of the innovations we've brought to the space." The FRNX token still exists on-chain, but no working product sits behind it.

Is Franklin X still active, or shut down?

Franklin X is shut down. The official site shows only the sunset notice and a record of past results. The old app address, frnx.ai/chat, now shows the same archive page. The original domain, franklinxprotocol.ai, forwards to frnx.ai.

The documentation is still online, and it still says the product is "live in Beta on Solana". Treat it as a record of how the product worked, not as proof that it runs.

The archive gives no date or reason for the shutdown. Its results cover 12 February to 20 March 2025 and stop there.

How the Franklin X AI agent worked

Franklin X billed itself as "The BlackRock On-Chain". In practice, the agent did three jobs:

1. It read market and social data.
2. It built a suggested mix of tokens from that data.
3. It showed the mix as a set of swaps for the user to approve.

The security docs are clear on who held the money. Suggested portfolios were "presented as swaps, allowing users to review and execute transactions without surrendering asset control." Users signed every trade, so the agent never held their funds.

Sentiment analysis from LunarCrush and Birdeye

The sentiment tool read Twitter, Reddit and Telegram for "real-time insights into meme coin trends". It used data from LunarCrush and Birdeye to flag bad tokens. The docs say it also tried to guess which tokens would get popular next.

Portfolio optimizer and Modern Portfolio Theory

The optimizer used Modern Portfolio Theory (MPT). Put simply, it tried lots of random token mixes. It kept the ones with the best return for each level of risk. It used past and live price data. The optimizer page says to hold "from days to months".

Protector, Strategist and Degen risk profiles

The archive lists three profiles users could pick from:

• Protector, a careful strategy aimed at keeping capital safe.
• Strategist, a balance of risk and return.
• Degen, a high-risk strategy chasing the biggest gains.

Twitter agent and performance reporter

A Twitter bot posted daily rundowns of its own portfolio and the reasons behind it. It also explained lesser-known tokens. A report page showed each portfolio's returns, swings and drawdowns.

Franklin X Protocol review: did its AI portfolios work?

On its own numbers, Franklin X lost less than the market but still lost money. The archive covers 12 February to 20 March 2025, the weeks the product was live. These are the figures it reports:

• Users since 1 February 2025: 7,173.
• Lifetime revenue: 42,150.75 USDC and 285.42 SOL.
• Portfolios that beat its benchmark (an equal mix of BTC, ETH and SOL): 90%, by 19.21% on average.
• Portfolios that beat Bitcoin: 91.5%.
• Portfolios that beat Jupiter LP tokens: 71.2%.
• Portfolios that reached their own return targets: 38.3%.
• Protector average return: a loss of 9.03%, with a worst drop of 15.96%.

Our reading is that "beating the benchmark" here mostly meant falling less far. Even the safest profile lost money on average. Fewer than two in five portfolios hit the target they were set. No one outside the project has checked any of these figures.

FRNX token: supply, utility and price

FRNX is a Solana token. On-chain it is named "Franklin X Protocol".

• Mint address: 2uJGDsUKq4T3AUn2UXrnzyKz644GxXy7z333WcXdvirt.
• Total supply: 10 billion, per Phantom's token page.
• Planned use: the product page promised "a discount on 2,5% swap fees when staking your native token (token launching soon)". That reads as a discount on a 2.5% swap fee, not a 2.5% discount.
• Launch claim: the FAQ said it would be "the first AI Agent that will launch on Virtuals on Solana which is backed by the Virtuals Ecosystem fund".

With the protocol shut, FRNX has nothing left to do. The widgets on this page show its live price and trading. Anyone searching for a "Franklin X price prediction" should know the token has no product, no team updates and no roadmap. Phantom also marks it as an unverified token.

Franklin X backers and team

The docs name three backers: the Virtuals Ecosystem Fund, Cambrian Labs and Confusion Capital. They call Confusion Capital "the VC arm of Reserve Protocol". We found no page that names the team.

Who Franklin X was for

Franklin X was for Solana users who wanted a ready-made token mix but still wanted to sign each trade. It suited small holders whose funds already sat in a Solana wallet and who were happy to hold for weeks. It did not suit anyone who wanted the agent to trade for them, because every change needed the user's approval.

Today it is only a case study. There is no product to use, and FRNX has no use.

Is Franklin X safe? FRNX risks

• The protocol is sunset. The product no longer runs and no team is building it, so holding FRNX means holding a token with no product behind it.
• The market is thin and concentrated. An abandoned token can have very little cash in its trading pools, so a small trade can move the price a lot and selling may be hard. In October 2026, Phantom showed the top 10 wallets holding about 38% of supply.
• Audit claims are unverified. The security docs say "All DTF-related contracts undergo rigorous audits." We found no published audit report naming an auditor or a contract version.
• No program addresses are published. The docs list none, and the agent's swaps were suggestions the user signed, so there is no Franklin X program whose upgrade authority anyone can check.
• Results are self-reported. Every performance figure comes from the project's own archive, and even on those figures the careful tier lost about 9% in five weeks.
• The name invites confusion. Franklin Templeton, FRGX Finance on BNB Chain and BlockRun's Franklin Agent are all unrelated. Check the FRNX mint address before trading anything labelled Franklin.

Franklin X alternatives

Franklin X was one of many AI agent tokens launched through Virtuals in early 2025. Virtuals is still the place to look for other agent projects, and it has since opened agent ownership to Solana users. For token data like the kind Franklin X used, Birdeye is still live.

Whatever you pick instead, check who holds the funds and whether the code has a public audit. A good backtest alone is not enough. If you plan to let an agent touch a wallet, our guide on AI agent permissions covers the limits worth setting first.