Frax FPI (FPIS)

Total Value Locked$618,651
Chain Breakdown
Ethereum$618,651
Market Cap$13.57m
$0.41
Fully Diluted Valuation$40.96m
$2,156
$112,755
-$228,421
USDETH

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

Website Twitter

Token Information

Address:0xc2544a...901fdb

View on CoinGecko View on Etherscan View on Blockscout

Methodology

TVLFees and Revenue

Competitors

Mento($54.8m)Frax($3.36m)DefiDollar DAO($2.03m)SPOT Cash($1.6m)Basis Cash($271,114)NOME Protocol($2.04m)Sigmausd($1.13m)Ostable($311,765)Algomint($302,747)Dopple Finance($151,424)