Information
TVL
Stablecoin Info
Fees and Revenue
Frax FPI (FPIS)
Total Value Locked$1.36m
Ethereum | $1.36m |
---|
Market Cap | $30.72m |
---|---|
$1.09 | |
Fully Diluted Valuation | $108.31m |
$123,103 | |
$2.32m | |
$2.53m | |
$1.95m |
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