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ProtocolsFrax FPI

Frax FPI (FPIS)

Total Value Locked
$935,117  .csv
Chain Breakdown
Ethereum$935,117
$168,943
$616,027
$238,717
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 ($114.18m)SPOT Cash ($10m)Frax ($6.19m)DefiDollar DAO ($2.4m)Basis Cash ($272,964)Sigmausd ($2.98m)Algomint ($1.56m)Ostable ($486,306)Based V1 ($184,180)Pulse Rate ($174,128)