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ProtocolsFrax FPI

Frax FPI (FPIS)

Total Value Locked
$661,146  .csv
Chain Breakdown
Ethereum$661,146
$121,125
$592,395
$247,404
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 ($96.9m)SPOT Cash ($11.63m)Frax ($4.78m)DefiDollar DAO ($1.88m)Basis Cash ($272,826)Algomint ($1.6m)Sigmausd ($1.19m)Ostable ($414,738)Dopple Finance ($152,296)Based V1 ($135,704)