Frax Price Index Share (FPIS) is currently priced at $0.08 USD. The price has decreased 0.01% in the last 24 hours. It has a market capitalization of $2,414,063.469. Fully diluted valuation: $8,344,607.04. Circulating supply is 28,929,624.337 FPIS. Total supply is 100,000,000 FPIS.
The Frax Price Index Share (FPIS) token is the governance token of the Frax Price Index (FPI) system, which is also entitled to seigniorage from the protocol. Excess yield will be directed from the treasury to FPIS holders, similar to Frax Finance's FXS structure.
