PoE2 Fragment Report - Dawn of the Hunt - April 17

       by        Game: Path of Exile 2 Guide        Tags: PoE2 Market Report

Welcome, Exiles! This is the inaugural Path of Exile 2 (PoE2) Fragment Report for the Dawn of the Hunt League, dated April 17, 2025, marking the 13th day since the league's launch. Fragments in PoE2 are crucial for accessing high-stakes endgame content like boss encounters and unique challenges, and their market prices reflect player demand, drop rates, and economic conditions.
Since this is the first fragment report of the season, we won't compare with last week (no prior report exists). Instead, we'll compare with last season's data from December 17, 2024 (Standard League), captured just before the economic collapse triggered by patch 0.1.0e on December 19. Last season's market was already showing signs of instability, with inconsistent Divine Orb-to-Exalted Orb exchange rates across fragments, which complicates direct comparisons. This season introduces new Reliquary Keys, absent last season, so they are excluded from comparisons. Let's dive into the data!
Note: All data is sourced from the official PoE2 trade market.
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PoE2 Fragment Ratio – Dawn of the Hunt League (April 17, 2025)

The table below lists this season's fragment exchange rates (in Exalted Orbs or Divine Orbs, as applicable) alongside last season's rates for items with available data. Last season's prices are provided in Exalted Orbs where possible for consistency, with Divine Orb equivalents noted for context.
Item Name
This Season (April 17, 2025)
Last Season (Dec 17, 2024)
General Equivalent
38 Ex
170 Ex (7 Div)
Exalted Orb
4.5 Ex
6 Ex (1 Div)
Exalted Orb
19 Ex
10 Ex (1 Div)
Exalted Orb
4.5 Ex
6 Ex (1 Div)
Exalted Orb
103 Ex
18 Ex (1 Div)
Exalted Orb
77 Ex
30 Ex (2 Div)
Exalted Orb
117 Ex
13 Ex (1 Div)
Exalted Orb
Twilight Reliquary Key
30 Ex
-
Exalted Orb
Xesht's Reliquary Key
3 Div
-
Divine Orb
The Trialmaster's Reliquary Key
No Stock
-
Exalted Orb
Ritualistic Reliquary Key
3 Div
-
Divine Orb
Tangmazu's Reliquary Key
No Stock
-
Exalted Orb
Olroth's Reliquary Key
12 Div
-
Divine Orb
The Arbiter's Reliquary Key
8 Ex
-
Exalted Orb
Zarokh's Reliquary Key: Against the Darkness
No Stock
-
Exalted Orb
Zarokh's Reliquary Key: Sandstorm Visage
No Stock
-
Exalted Orb
Zarokh's Reliquary Key: Blessed Bonds
No Stock
-
Exalted Orb
Zarokh's Reliquary Key: Sekhema's Resolve
No Stock
-
Exalted Orb
Zarokh's Reliquary Key: Temporalis
No Stock
-
Exalted Orb

Notes on Last Season's Data:

Last season's prices often included both Exalted Orb (Ex) and Divine Orb (Div) values, but implied exchange rates varied significantly (e.g., 1 Div ≈ 24.3 Ex for “An Audience with the King” but 1 Div = 6 Ex for “Cowardly Fate”). This reflects the market's instability before the 0.1.0e patch collapse.
For comparison, we prioritize Exalted Orb values to align with this season's primary pricing in Exalted Orbs.

PoE2 Fragment Market Observations & Trends - Dawn of the Hunt

Crisis Fragments Surge in Value  

Weathered Crisis Fragment: Soared from 13 Ex last season to 117 Ex, a 104 Ex increase, likely due to high demand for associated endgame content or reduced drop rates.  
Ancient Crisis Fragment: Rose from 18 Ex to 103 Ex, a 85 Ex jump, signaling strong player interest.  
Faded Crisis Fragment: Increased from 30 Ex to 77 Ex, up 47 Ex, reinforcing the trend of Crisis content driving fragment prices.

An Audience with the King Plummets

This fragment dropped dramatically from 170 Ex last season to 38 Ex this season. The decline may stem from lower demand, increased supply, or a shift in player focus to other endgame activities.

Fate Fragments: Mixed Movements  

Deadly Fate: Nearly doubled from 10 Ex to 19 Ex, suggesting heightened interest in its associated content.  
Cowardly Fate and Victorious Fate: Both fell slightly from 6 Ex to 4.5 Ex, indicating stable but modest demand.

Reliquary Keys: New Dynamics  

Twilight Reliquary Key (30 Ex) and The Arbiter's Reliquary Key (8 Ex) are priced in Exalted Orbs, reflecting their integration into the core market.  
Xesht's Reliquary Key and Ritualistic Reliquary Key (both 3 Div), alongside Olroth's Reliquary Key (12 Div), use Divine Orbs, hinting at their premium status in high-value trades.  
Multiple Zarokh's Reliquary Keys and others show “No Stock,” suggesting extreme rarity or delayed trading.

Last Season's Context: Pre-Collapse Volatility

Last season's data, captured just before the 0.1.0e patch on December 19, reflects a market already teetering on the edge. Inconsistent Divine-to-Exalted ratios (e.g., 1 Div ranging from 6 to 24.3 Ex) made fragment pricing erratic. This season's more stable economy, driven by GGG's drop rate adjustments, has led to clearer pricing trends, though direct comparisons are skewed by last season's distortions.

Looking Ahead

As the Dawn of the Hunt League progresses, fragment prices will likely fluctuate based on endgame content popularity and drop rates. Crisis Fragments, particularly Weathered and Ancient, may remain premium items if demand persists. Reliquary Keys, especially those priced in Divine Orbs, could see increased trading as players unlock their associated content. Compared to last season's pre-collapse chaos, this season's balanced economy suggests a healthier market trajectory.

Thanks for Reading

Stay tuned with MMOJUGG for the latest PoE2 market insights as the Dawn of the Hunt League unfolds. Bookmark our site and visit our store for all your trading needs. Happy hunting, Exiles!

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