Fraps kan in een DirectX- of OpenGL-game het aantal frames per seconden laten zien. Daarnaast is het programma in staat om screenshots te maken en in-game footage op een snelheid van dertig beelden per seconden op te nemen. De makers hebben onlangs versie 2.1.0 uitgebracht. In tegenstelling tot de voorgaande releases wordt Fraps voortaan als shareware uitgebracht. Wat er in deze versie veranderd is kan hieronder gelezen worden:
Added 64-bit benchmarking and screen capture support (AMD64) Able to launch Fraps on Athlon XP's with SSE disabled in BIOS Fixed counter not showing in some games (Battlefield Vietnam, Midnight Club 2) Fixed hotkeys not operating properly in some games (Mafia) General: Added Always On Top option for the Fraps window General: GUI corruption has been fixed when large DPI is enabled in Display Properties FPS: Readded option to only update overlay once a second FPS: Added option to stop benchmark automatically after x seconds FPS: Added option for detailed benchmark statistics (CSV files saved to the benchmarks directory) FPS: Benchmark details automatically saved if program is exited prematurely Video: Faster DirectX9 capture speeds when anti aliasing (multisampling) enabled Video: Fixed slow capture issue on ATI cards with some DirectX8 games (Deus Ex 2, C&C Generals) Video: Recording screens with odd dimensions no longer results in corruption Video: Demo version properly crops when resolution is above maximum (no horizontal lines) Video: Fixed bug with YUV modes capturing incorrectly Video: Smoother video output on high end machines Video: Fixed widescreen modes being forced to half size capture Video: Audio input is only switched when sound recording is taking place Codec: Fixed playback bug causing black or repeated screens when frames are dropped Installer: Check to make sure codec installs correctly (Administrator account)