Frax Price Index Share
FPIS

$0.08324911

-0.52%
  • Market Cap
    $3,275,246.865
  • 24 Hour Trading Vol
    $48.709
  • Fully Diluted Valuation
    $8,324,911.228
  • Circulating Supply
    39,348,422
  • Total Supply
    100,000,000
  • Max Supply
    100,000,000
Frax Price Index Share
FPIS is Frax Price Index Share’s governance token, earning seigniorage and routing surplus yield.
Socials
Category
DeFi
Frax Price Index Share Converter
FPIS
1 FPIS = $0.08324911
FPIS Statistics
  • Frax Price Index Share Price
    $0.08324911
  • Trading Volume
    $48.709
  • Market Cap
    $3,275,246.865
Frax Price Index Share Price Chart (FPIS)

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24h
7d
30d
3M
1Y
YTD
-0.52%
-2.29%
-11.92%
-25.33%
-78.47%
-40.03%
About Frax Price Index Share

Frax Price Index Share (FPIS) is the system’s governance token and entitles holders to seigniorage generated by the protocol. Any surplus yield is routed from the treasury to FPIS holders in a manner comparable to the FXS setup. If the FPI treasury does not generate sufficient yield to sustain the higher backing per FPI amid inflation, additional FPIS can be minted and sold to boost the treasury. Because the protocol originates within the Frax ecosystem, the FPIS token also allocates a shifting portion of its revenue to FXS holders.

Frax Price Index Share Markets
ExchangePairLast PriceChange (24H)High (24h)Low (24h)SpreadVolume (24h)

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