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Frax Price Index Share

Frax Price Index Share FPISPrice $ 0.409

FPIS Price

0.409
3.61%
Price Range
LowHigh
$ 0.403$ 0.426

General Info

Contracts/Explorers:

Tags (Sub-Categories):

# Token

+2

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

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

$ 13.56M

Fully diluted value

FDV

$ 40.94M

ATH Market Cap

$ 52.69M


Vol. (24h) / MCap

0.000146

Max Supply

FPIS 100,000,000

Total Supply

FPIS 100,000,000

Circulating Supply

FPIS 33.13M

(33.1% of Max Supply)

All Time High

$ 14.19

13 Apr 2022


All Time Low

$ 0.327

10 Mar 2025


From ATH

97.1%

From ATL

25.3%
Trending Frax Price Index Share Fiat Pairs

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 $ 0.409, it has dropped -3.61% 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 -97.1% down.

The current circulating supply of Frax Price Index Share is 33.13 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 $ 1.98 Thousand.

Frax Price Index Share's current share of the entire cryptocurrency market is 0.00%, with a market capitalization of $ 13.56 Million.

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