Frax Price Index (FPI) is currently priced at $1.15 USD. The price has increased 0.01% in the last 24 hours. It has a market capitalization of $6,764,873.34. Fully diluted valuation: $6,764,873.34. Circulating supply is 5,889,909.176 FPI. Total supply is 5,889,909.176 FPI.
The Frax Price Index is a protocol within the Frax ecosystem. The system will adjust every month according to an on-chain Consumer Price Index oracle so that holders of the FPI will increase their dollar-denominated value each month according to the reported CPI increase
