Ask about Frax FPIKey Metrics
Fees (Annualized)$7,223
Fees 30d$0
Ethereum$0
Fees 7d$0
Ethereum$0
Fees 24h$0
Ethereum$0
Cumulative Fees$6.6m
Ethereum$6.6m
Revenue (Annualized)-$93,224
Revenue 30d$0
Ethereum$0
Revenue 7d$0
Ethereum$0
Revenue 24h$0
Ethereum$0
Cumulative Revenue$3.43m
Ethereum$5.5m
Market Cap$2.42m
$FPIS Price$0.084
$8.37m
$FPIS Volume 24h$65.14
CEX Volume$0
DEX Volume$147.86(226.99% of total)
$FPIS Liquidity$173,746
Uniswap V3$173,746
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
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 GitHubCompetitors
Frequently Asked Questions
What is Frax FPI?
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.
What is Frax FPI's TVL?
Frax FPI currently has $94,310.61 in total value locked. TVL has decreased 43.6% 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 $0 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $7,223 in fees and -$93,224 in revenue.
What is the FPIS token price and valuation?
FPIS is currently trading at $0.084. Its circulating market capitalization is $2.42m, ranking it #2,498. Its fully diluted valuation is $8.37m. Supply currently stands at 28.93m circulating, 100m total supply, 100m maximum supply.
How has FPIS performed recently?
FPIS is down 1.9% over the past 7 days and down 0.3% over the past 30 days. Its all-time high is $14.2, reached on Apr 13, 2022. The token is currently 99.4% below that level.
How does Frax FPI's TVL compare to similar protocols?
Among Algo-Stables protocols tracked by DefiLlama, Frax FPI ranks #9 by TVL. The category holds $58.44m across 102 protocols, and Frax FPI accounts for 0.2% of that total. Other leading protocols include Frax Finance, Mento, and Sigmausd.
