Information
TVL
Stablecoin Info
Fees and Revenue
Frax FPI (FPIS)
Total Value Locked$806,669
Ethereum | $806,669 |
---|
Market Cap | $19.35m |
---|---|
$0.65 | |
Fully Diluted Valuation | $64.77m |
$73,709 | |
$2.32m | |
$1.25m | |
$1.15m |
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