Frax FPI (FPIS)
Total Value Locked$1.08m  .csv
| Ethereum | $1.08m |
|---|
| $186,899 | |
| $654,115 | |
| $249,551 |
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