Frax FPI (FPIS)
Total Value Locked$950,708Â Â .csv
| Ethereum | $950,708 |
|---|
| Market Cap | $25.1m |
|---|---|
| $0.84532 | |
| $84.53m | |
| $1,654 | |
| $2,315,907 | |
| $1,381,186 | |
| $1,203,933 |
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