On-chain activity
Franklin AI
AI chat with powerful portfolio optimization techniques and one-click buy-ins into diversified portfolios.
Franklin X
Franklin X (ticker FRNX) was an AI portfolio agent on Solana, not Franklin Templeton's crypto business and not the Franklin (FLY) token. It suggested crypto portfolios at three risk levels and handed them to users as swaps to sign from their own wallets. It launched in beta in February 2025 through Virtuals VIRTUAL$0.660+17.3% and was shut down weeks later.
The project is inactive. Its site, frnx.ai, is now an archive page that says: "While we've decided to sunset the Franklin X protocol, we're proud of the innovations we brought to the space." The archive's performance data runs from 12 February to 20 March 2025. The FRNX token still exists on-chain, but it no longer has a working product behind it.
Is Franklin X still active?
No. The official site now shows only the sunset notice and a record of past performance. It has no app, no sign-up and no link to the old chat interface. The documentation at docs.frnx.ai is still online, but it still describes the product as "live in beta". Treat that page as a record of how the product worked, not as proof it is running.
The archive does not give a date for the shutdown or a reason for it. When we checked in October 2026, the @FranklinxAI account had posted nothing in the previous 12 weeks.
How the Franklin X AI agent worked
Franklin X called itself "The BlackRock On-Chain". In practice, the agent did three jobs:
- It read market and social data.
- It built a suggested mix of tokens from that data.
- It showed the mix as a set of swaps for the user to approve.
The FAQ is clear on who held the money: "Franklin AI is entirely non-custodial. All portfolio suggestions are presented as swaps for users to review and execute directly from their wallets." Users signed every trade. 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 risky 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 many mixes of tokens. Then it kept the ones that paid the most for each level of risk. It also used LunarCrush and Birdeye data. Trades were meant to be held for days or months, not minutes.
Protector, Strategist and Degen risk profiles
Users picked one of three profiles:
- Protector: conservative, aimed at limiting losses.
- Strategist: balanced risk and return.
- Degen: high risk, chasing the largest gains.
Twitter agent and performance reporter
A Twitter bot ran its own portfolio with the optimizer and posted daily updates. It did not give users personal advice. A report page showed each portfolio's gains, losses and swings.
Franklin X performance: did it work?
The archive shows results from 12 February to 20 March 2025. Prices fell over that time. The key numbers:
- 7,173 users had used the platform since 1 February 2025.
- Lifetime inflows were 42,150.75 USDC and 285.42 SOL.
- 90% of portfolios beat its benchmark, by 19.21% on average. The benchmark was an equal mix of BTC, ETH and SOL.
- 91.5% beat Bitcoin, and 71.2% beat Jupiter LP tokens.
- Only 38.3% (2,747 portfolios) reached their own return targets.
Beating the benchmark here mostly meant losing less than the market. The Protector profile was the safest option, yet it lost 9.03% on average. At its worst point it was down 15.96%. Only 7.9% of Protector portfolios hit their targets. These are the project's own numbers. No one else has checked them.
FRNX token
FRNX is a Solana token. Its mint address is 2uJGDsUKq4T3AUn2UXrnzyKz644GxXy7z333WcXdvirt and its total supply is 10 billion. The docs said staking it would give "a 2.5% discount on swap fees". Franklin X said it was "the first AI Agent that will launch on Virtuals on Solana which is backed by the Virtuals Ecosystem fund".
Now that the protocol is shut, FRNX has no use. The token widgets on this page show its price and trading. Anyone looking up a "Franklin X price prediction" should know the token has no product, no team updates and no roadmap.
Backers and team
The docs name three backers. They are the Virtuals Ecosystem Fund, Cambrian Labs and Confusion Capital. The docs call Confusion Capital the venture arm of Reserve Protocol. Neither the docs nor the archive name 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 were already in a Solana wallet. It did not suit anyone who wanted the agent to trade for them. Every change needed the user to approve it.
Today it is only a case study. There is no product left to use, and FRNX has nothing to be used for.
Franklin X risks
- Sunset protocol: the product no longer runs, and no team is building it. Holding FRNX means holding a token with no product behind it.
- Thin token market: an abandoned token can have very little liquidity. A small trade can move the price a lot, and selling may be hard.
- Unverified audits: the security docs say "all DTF-related contracts undergo rigorous audits". We found no published audit report naming an auditor or a contract version.
- Self-reported results: every performance figure comes from the project's own archive. Even on those figures, the conservative tier lost about 9% in five weeks.
- Name confusion: Franklin Templeton, the Franklin (FLY) token and other AI agents called "Franklin" are 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. 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.
Contents
- Is Franklin X still active?
- How the Franklin X AI agent worked
- Franklin X performance: did it work?
- FRNX token
- Backers and team
- Who Franklin X was for
- Franklin X risks
- Franklin X alternatives
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