Frax FPI (FPIS)
Total Value Locked$676,954
| ||
Market Cap | $12.98m |
---|---|
$0.37 | |
Fully Diluted Valuation | $37.41m |
$52 | |
$26,974 | |
-$89,084 | |
$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.