Frax FPI (FPIS)
Total Value Locked$33.28m .csv
| 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