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24h Spot Volume$ 40.21B-1.14%
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Frax Price Index Share

Frax Price Index Share FPIS Price $ 1.14

Rank: 760

23 Watchlists

DeFi

FPIS Price

1.14
1.27%
(-$ 0.0147)
Price Range
LowHigh
$ 1.14$ 1.16
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General Info

Contracts/Explorers:

Ethereum

0xc25...01fdb
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Tags (Sub-Categories):

#Token

Funds and Backers

No funds found yet

Wallets

No wallets found yet

Description

Frax Price Index Share is the governance token of the Frax Price Index (FPI) system, which is also entitled to seigniorage from the protocol

Links

Website
X (ex-Twitter)

Frax Price Index Share (FPIS) Chart

Frax Price Index Share price Index provides the latest FPIS price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

FPIS to USD Converter

Frax Price Index Share (FPIS)FPIS

FPIS Price Statistics

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Market Cap

$ 32.44M

Fully diluted value

FDV

$ 114.29M

ATH Market Cap

$ 52.69M

24 Trade Vol.

$ 49.36K

Vol. (24h) / MCap

0.00152

Max Supply

FPIS 100,000,000

Total Supply

FPIS 100,000,000

Circulating Supply

FPIS 28.38M

(28.4% of Max Supply)

Listing Date

11 Apr 2022

All Time High

$ 14.19

13 Apr 2022

All Time Low

$ 0.716

13 Apr 2024

From ATH

91.9%

From ATL

59.6%

What is Frax Price Index Share (FPIS)?

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 Price Today

Frax Price Index Share's current price is $ 1.14, it has dropped -1.27% over the past 24 hours.

Frax Price Index Share's All Time High (ATH) of $ 14.19 was reached on 13 Apr 2022, and is currently -91.9% down.

The current circulating supply of Frax Price Index Share is 28.38 Million tokens, and the maximum supply of Frax Price Index Share is 100.00 Million.

Frax Price Index Share’s 24 hour trading volume is $ 49.36 Thousands.

Frax Price Index Share's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 32.44 Million.

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