Frax FPI (FPIS)
Total Value Locked$28.19m .csv
| Ethereum | $28.19m |
|---|
| Market Cap | $26.38m |
|---|---|
| $1.1 | |
| Fully Diluted Valuation | $109.89m |
| $2,832 | |
| $1.99m | |
| $1.64m | |
| $1.09m |
Protocol Information
The Frax Price Index (FPI) is the second stablecoin of the Frax Finance ecosystem. FPI is the first stablecoin pegged to a basket of real-world consumer items as defined by the US CPI-U average. The FPI stablecoin is intended to keep its price constant to the price of all items within the CPI basket and thus hold its purchasing power with on-chain stability mechanisms.f locking the asset.
Category:Algo-Stables