Frequently asked questions
What is Frax FPI?
The Frax Price Index (FPI) is the second stablecoin of the Frax Finance ecosystem. FPI is the first stablecoin pegged to a basket of real-world consumer items as defined by the US CPI-U average. The FPI stablecoin is intended to keep its price constant to the price of all items within the CPI basket and thus hold its purchasing power with on-chain stability mechanisms.f locking the asset.
What chain is Frax FPI on?
Frax FPI is on Ethereum.
What is the current price of Frax FPI?
The current price of Frax FPI is $0.08.
What is the TokenGems score of Frax FPI?
The TokenGems score of Frax FPI is 30 — a 0–100 quality rating computed from price performance, holder distribution, trading volume, and community activity.