Frax Price Index Share
FPIS

$0.64870521

4.47%
  • Market Cap
    $19,368,432.093
  • 24 Hour Trading Vol
    $37,942.475
  • Fully Diluted Valuation
    $64,870,521.435
  • Circulating Supply
    29,872,104
  • Total Supply
    100,000,000
  • Max Supply
    100,000,000
Frax Price Index Share
Frax Price Index Share is the governance token of the Frax Price Index (FPI) system, which is also entitled to seigniorage from the protocol
Socials
Category
DeFi
Frax Price Index Share Converter
FPIS
1 FPIS = $0.64870521
FPIS Statistics
  • Frax Price Index Share Price
    $0.64870521
  • Trading Volume
    $37,942.475
  • Market Cap
    $19,368,432.093
Frax Price Index Share Price Chart (FPIS)

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24h
7d
30d
3M
1Y
YTD
+4.47%
-24.44%
-46.27%
-49.00%
-70.74%
-47.96%
About Frax Price Index Share

Frax Price Index Share (FPIS) token is the governance token of the system, which is also entitled to seigniorage from the protocol. Excess yield will be directed from the treasury to FPIS holders, similar to the FXS structure. During times in which the FPI treasury does not create enough yield to maintain the increased backing per FPI due to inflation, new FPIS may be minted and sold to increase the treasury. Since the protocol is launched from within the Frax ecosystem, the FPIS token will also direct a variable part of its revenue to FXS holders.

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

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