Frax FPI (FPIS)
Total Value Locked$969,738Â Â .csv
| Ethereum | $969,738 |
|---|
| Market Cap | $25.27m |
|---|---|
| $0.85101 | |
| $85.1m | |
| $2,555 | |
| $2,315,907 | |
| $1,452,691 | |
| $1,246,010 |
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