Frezarite Armor is crafted using Frezarite. The leggings and boots allows the wearer to walk on water by instantly freezing the water beneath them. The helmet and the chestplate will not.
Each piece, when crafted, will also allow the player to right click with the armor piece in hand to create an enchant on that particular armor piece:
This set of armour is very blue in color and has the ability to levitate above water, occasionally freezing it, due to its material being Freezarite. 