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