Frax Price Index Share (FPIS) Tops One Day Volume of $26,337.16

Frax Price Index Share (FPIS) traded 0.7% higher against the dollar during the 1 day period ending at 21:00 PM Eastern on April 17th. One Frax Price Index Share token can currently be bought for about $0.84 or 0.00001369 BTC on cryptocurrency exchanges. Frax Price Index Share has a total market cap of $23.34 million and approximately $26,337.16 worth of Frax Price Index Share was traded on exchanges in the last day. In the last week, Frax Price Index Share has traded 29.6% lower against the dollar.

Here’s how related cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded down 1.5% against the dollar and now trades at $0.33 or 0.00000534 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded down 2.1% against the dollar and now trades at $0.0086 or 0.00000014 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Frax Price Index Share Token Profile

Frax Price Index Share’s launch date was April 9th, 2022. Frax Price Index Share’s total supply is 100,000,000 tokens and its circulating supply is 27,793,300 tokens. Frax Price Index Share’s official website is app.frax.finance. Frax Price Index Share’s official Twitter account is @fraxfinance and its Facebook page is accessible here.

According to CryptoCompare, “Frax is a fractional-algorithmic stablecoin protocol. Frax is open-source, permissionless, and entirely on-chain – currently implemented on Ethereum and 12 other chains. The end goal of the Frax protocol is to provide a highly scalable, decentralized, algorithmic money in place of fixed-supply digital assets like BTC. The Frax ecosystem has 2 stablecoins: FRAX (pegged to the US dollar) & FPI (pegged to the Consumer Price Index).”

Buying and Selling Frax Price Index Share

It is usually not currently possible to purchase alternative cryptocurrencies such as Frax Price Index Share directly using US dollars. Investors seeking to acquire Frax Price Index Share should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Frax Price Index Share using one of the aforementioned exchanges.

FPIS/USD price chart by TradingView