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ProtocolsFrax FPI

Frax FPI (FPIS)

Total Value Locked
$576,612  .csv
Chain Breakdown
Ethereum$576,612
$111,344
$594,128
$248,160
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 ($82.89m)SPOT Cash ($7.39m)Frax ($4.26m)DefiDollar DAO ($1.7m)Basis Cash ($272,527)Algomint ($1.43m)Sigmausd ($1.05m)Ostable ($475,488)Dopple Finance ($152,433)Pulse Rate ($109,120)