Convert Frax Price Index Share FPIS to United States Dollar USD
FPIS to USD: 1 Frax Price Index Share converts to $0.52 USD as of August 3 at 8:14 AM
About Frax Price Index Share
Frax Price Index Share is falling this week. The current price of Frax Price Index Share is $0.52 per FPIS. With a circulating supply of 35,206,241.023 FPIS, it means that Frax Price Index Share has a total market cap of $0.00. The amount of Frax Price Index Share traded has fallen by -$0.00 in the last 24 hours, which is a 74.84% decrease. Additionally, in the last day, $0.00 worth of FPIS has been traded.
The exchange rate of Frax Price Index Share is decreasing. The current value of 1 FPIS is $0.52 USD. In other words, to buy 5 Frax Price Index Share, it would cost you $2.61 USD. Inversely, $1.00 USD would allow you to trade for 1.92 FPIS while $50.00 USD would convert to 95.96 FPIS, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 16.34%. Meanwhile, in the last 24 hours, the rate has changed by 0.43%, and that the highest exchange rate of 1 FPIS to USD was $0.52 USD and the lowest 24 hour value was 1 FPIS for $0.52 USD. Last month, 1 FPIS was worth $0.38 USD. Today, it's up 37.09%. Looking back a year, Frax Price Index Share has changed by $0.45 USD. That means that in a single year, the value of Frax Price Index Share has grown by 15.89%.
Frax Price Index Share Market Stats
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.