(FPI)

Market Cap$94.69m

Price	$1.11

Issuance Stats
Total Circulating	84.99m

Optional Circulating Counts
Unreleased	0

DescriptionThe Frax Price Index (FPI) is the second stablecoin of the Frax Finance ecosystem. FPI is a stablecoin pegged to a basket of real-world consumer items as defined by the US CPI-U average.

Category:algorithmic

Minting and RedemptionUsing the Frax Finance app, users swap FRAX to mint FPI at the current exchange rate. FPI can be redeemed for FRAX at any time.

Name	Bridge
1Ethereum (ETH)	-	0	< 0.0001%	0%	0%	84.74m
2zkSync Era	-	0	0%	0%		250,000

Frax Price Inde...(FPI)

(FPI)