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ProtocolsFrax FPI

Frax FPI (FPIS)

Total Value Locked
$33.28m
  .csv
Chain Breakdown
Ethereum$33.28m
Market Cap
$43.9m
Token Price
$2.37
Fully Diluted Valuation
$237m
$3,265,670
$1,015
$-1,514,467

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

Token Information

Address:0xc2544a...901fdb

Methodology