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Fraps (derived from Frames per second) is a benchmarking, screen capture, and real-time video capture utility for DirectX and OpenGL applications. It is commonly used to determine a computer's performance with a game, as well as record gaming footage. The program is very popular in the making of amateur machinima films.

The visually lossless Fraps codec allows decoding of Fraps-encoded videos (using a media player capable of decoding the AVI container format) or transcoding to other video formats (with the use of the right software). The Fraps video codec manages to capture videos with minimal impact on game performance, as it has been optimized to achieve compression higher than uncompressed RGB, resulting in smaller filesizes, though the visually lossless format is considerably less space-efficient than more heavily compressed lossy video formats such as DivX. This is because encoding on-the-fly to a high-compression format such as DivX would have a large negative impact on game performance (as of 2007) and only a very fast hard drive could record the immense amount of data produced in using uncompressed video. The Fraps format is a compromise of the two.