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ProtocolsFrax FPI

Frax FPI (FPIS)

Total Value Locked
$644,445  .csv
Chain Breakdown
Ethereum$644,445
$124,563
$1.3m
$586,027
USDETH

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

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Token Information

Address:0xc2544a...901fdb

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Methodology

TVL codeFees and Revenue code

Competitors

Mento ($71.98m)SPOT Cash ($8.25m)Frax ($4.52m)DefiDollar DAO ($2.33m)Basis Cash ($272,166)Sigmausd ($1.73m)Ostable ($388,811)Algomint ($347,103)Dopple Finance ($152,824)NOME Protocol ($138,946)