Frax FPI (FPIS)

Total Value Locked$968,337
Chain Breakdown
Ethereum$968,337
Market Cap$15.92m
$0.47
Fully Diluted Valuation$46.61m
$86.73
$43,261
-$41,553
$0

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

Token Information

Address:0xc2544a...901fdb

Methodology

Fees: Fees paid by users.

Revenue: Revenue from fees, after expenses.