Frax FPI (FPIS)
Total Value Locked$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
Methodology
Fees: Fees paid by users.
Revenue: Revenue from fees, after expenses.