Ask about Frax FPI
Logo of Frax FPIFrax FPI(FPIS)
Total Value Locked$163,509

TVL by Chain

Ethereum$163,509

Key Metrics

Fees (Annualized)$7,340
Fees 30d$6,533

Ethereum$6,533

Fees 7d$6,533

Ethereum$6,533

Fees 24h$0

Ethereum$0

Cumulative Fees$6.6m

Ethereum$6.6m

Revenue (Annualized)-$109,525
Revenue 30d$6,533

Ethereum$6,533

Revenue 7d$6,533

Ethereum$6,533

Revenue 24h$0

Ethereum$0

Cumulative Revenue$3.43m

Ethereum$5.5m

Market Cap$2.43m

$FPIS Price$0.084

All Time High$14.2

All Time Low$0.081

Fully Diluted Valuation$8.4m

$FPIS Volume 24h$276.91

CEX Volume$0

DEX Volume$436.84(157.76% of total)

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.

CategoryAlgo-Stables
WebsiteTwitter

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 GitHub

Competitors

Frax ($47.63m)Mento V2 ($11.25m)Basis Cash ($245,624)SPOT Cash ($210,612)Generic.Money ($49,476)Oin Finance ($35,699)XUSD Money ($24,162)Spice Trade ($7,357)TiTi Protocol ($7,247)OpenDAO ($6,231)