Information
TVL
Stablecoin Info
Fees and Revenue
Frax FPI (FPIS)
Total Value Locked$303,747
| Ethereum | $303,747 |
|---|
| Market Cap | $4.66m |
|---|---|
| $0.12 | |
| Fully Diluted Valuation | $12.01m |
| $3,600 | |
| $173,746 | |
| $2,135 | |
| -$84,180 |
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.