Key Metrics
Fees (Annualized)$7,214
Fees 30d$0
Ethereum$0
Fees 7d$0
Ethereum$0
Fees 24h$0
Ethereum$0
Cumulative Fees$6.6m
Ethereum$6.6m
Revenue (Annualized)-$80,227
Revenue 30d$0
Ethereum$0
Revenue 7d$0
Ethereum$0
Revenue 24h$0
Ethereum$0
Cumulative Revenue$3.43m
Ethereum$5.5m
Market Cap$2.74m
$FPIS Price$0.095
$9.47m
$FPIS Volume 24h$100.69
CEX Volume$0
DEX Volume$117.2(116.4% 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.
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's TVL?
Frax FPI currently has $94,255.44 in total value locked. TVL has increased <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 $0 in fees. Of that, $0 was protocol revenue. Based on the trailing year, the annualized rate is $7,214 in fees and -$80,227 in revenue.
What is the FPIS token price and valuation?
FPIS is currently trading at $0.095. Its circulating market capitalization is $2.74m, ranking it #2,428. Its fully diluted valuation is $9.47m. Supply currently stands at 28.93m circulating, 100m total supply, 100m maximum supply.
How has FPIS performed recently?
FPIS is up 0.7% over the past 7 days and up 12.8% 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 #9 by TVL. The category holds $59.71m across 102 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.
