Ask about Frax FPI

Logo of Frax FPIFrax FPI(FPIS)

Total Value Locked$94,280.37

TVL by Chain

Ethereum$94,280.37

Key Metrics

Fees 30d$1.69
Fees 30d by chain

Ethereum$1.69

Fees 7d$1.69

Ethereum$1.69

Fees 24h$0

Ethereum$0

Cumulative Fees$6.6m

Ethereum$6.6m

Revenue 30d$1.69
Revenue 30d by chain

Ethereum$1.69

Revenue 7d$1.69

Ethereum$1.69

Revenue 24h$0

Ethereum$0

Cumulative Revenue$3.43m

Ethereum$5.5m

Market Cap$2.7m

$FPIS Price$0.093

All Time High$14.2

All Time Low$0.021

View $FPIS token page

$9.32m

$FPIS Volume 24h$50.78

CEX Volume$0

DEX Volume$85.59(168.55% of total)

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.

WebsiteX/Twitter
Category:Algo-Stables

Methodology

TVL: Total value of all coins held in the smart contracts of the protocolView code on GitHubFees: Fees paid by users.View code on GitHubRevenue: Revenue from fees, after expenses.View code on GitHub

Competitors

Frax ($35.17m)Mento V2 ($12.58m)SPOT Cash ($210,792.62)Basis Cash ($205,672.5)XUSD Money ($29,540.24)Generic.Money ($18,534.81)Spice Trade ($8,139.11)TiTi Protocol ($7,203.51)OpenDAO ($590.13)Fei Protocol ($7.68)

Frequently Asked Questions

What is Frax FPI's TVL?

Frax FPI currently has $94,280.37 in total value locked. TVL has decreased 0.1% over the past 30 days.

What chains does Frax FPI operate on?

Frax FPI operates on Ethereum. Ethereum holds the largest share at 100%.

How much has Frax FPI generated in fees and revenue?

Over the past 30 days, Frax FPI generated $1.69 in fees. Of that, $1.69 was protocol revenue. Based on the trailing year, the annualized rate is $7,215.42 in fees and -$64,492.58 in revenue.

What is the FPIS token price and valuation?

FPIS is currently trading at $0.093. Its circulating market capitalization is $2.7m, ranking it #2,556. Its fully diluted valuation is $9.35m. Supply currently stands at 28.93m circulating, 100m total supply, 100m maximum supply.

How has FPIS performed recently?

FPIS is down 0.9% over the past 7 days and up 9.8% over the past 30 days. Its all-time high is $14.2, reached on Apr 13, 2022. The token is currently 99.3% below that level.

How does Frax FPI's TVL compare to similar protocols?

Among Algo-Stables protocols tracked by DefiLlama, Frax FPI ranks #8 by TVL. The category holds $49.64m across 100 protocols, and Frax FPI accounts for 0.2% of that total. Other leading protocols include Frax, Mento V2, SPOT Cash, Basis Cash, XUSD Money, Generic.Money, Spice Trade, TiTi Protocol, OpenDAO, and Fei Protocol.