Frax FPI
Suivez votre portefeuille DeFi
Importez votre portefeuille pour voir toutes vos positions sur 50+ chaînes
TVL du protocole
About 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.
Description sourced from DeFiLlama's protocol metadata; teams submit their own copy when listing.
Frax FPI tokenomics and on-chain capital
Frax FPI's governance or utility token carries a market capitalisation of 4,6 M $US based on circulating supply at the latest DeFiLlama snapshot. The market is pricing the token (4,6 M $US) above the protocol's on-chain TVL (276,5 k $US) — a mcap/TVL multiple of 16.60× implies investors are paying for expected future fee flows rather than current deposits alone.
Market cap and supply figures are sourced from DeFiLlama's price feed (which reconciles CoinGecko, CoinMarketCap, and on-chain DEX prices). Treasury and staking values reflect on-chain balances controlled by the protocol at last sync.
Chronologie de Frax FPI
Événements majeurs signalés par la communauté DeFiLlama — lancements de protocole, exploits, changements de gouvernance et programmes d'incitations.
- Feb 28, 2023Listé sur DeFiLlama
Protocol Profile
Frax FPI is a Algo-Stables issuance protocol — it mints stable units against collateral (crypto, RWA, or off-chain reserves) and uses redemption or rebalancing mechanisms to hold the peg. It is deployed on Ethereum.
Distribution de la TVL par chaîne
Chaînes prises en charge
Protocol Footprint
Frax FPI is a single-chain protocol, deployed exclusively on Ethereum — this concentrates execution risk but simplifies the trust model. Its token market cap (4,6 M $US) currently exceeds total value locked (276,5 k $US) — a mcap/TVL ratio of 16.60 suggests the market is pricing in more growth than current deposits support.
Official Resources & Links
Verified external resources for Frax FPI — use these to read the source code, follow governance discussions, or cross-check on-chain data against the original team's channels.
Other Algo-Stables protocols on Mantapex
Frax FPI is one of 7 Algo-Stables protocols Mantapex tracks in this category. Direct peers ranked by total value locked include Frax, Mento V2, Generic.Money, and 3 more. These peer protocols collectively secure 86,8 M $US in deposits, giving you a frame of reference for whether Frax FPI's own TVL is at the top, middle, or tail of the category.
Trésorerie
Actualités récentes sur Frax FPI
Latest reporting from major crypto news outlets covering Frax FPI.
- Bitcoinist
Frax Proposal Would Allow Early frxETH Redemptions With 4% Penalty
Frax Proposal Would Allow Early frxETH Redemptions With 4% Penalty - Read the full analysis.
- Bitcoinist
Frax Community Weighs Morpho Market For bdUSD And frxUSD Liquidity
Frax Community Weighs Morpho Market For bdUSD And frxUSD Liquidity - Read the full analysis.
- Crypto Briefing
Frax burns 8M FRAX tokens worth $8M in latest deflationary push
Frax Finance burned 8 million FRAX tokens worth $8M using its Burn Engine, continuing the DeFi protocol's deflationary strategy on the Fraxtal L2 Frax burns 8M FRAX tokens worth…
- Bitcoinist
Frax Governance Weighs Raising sfrxUSD Aave v4 Allocation Cap To $50 Million
Frax governance is considering a proposal to increase the sfrxUSD strategy allocation cap into Aave v4 to $50 million.
- Crypto news
Somnia taps Frax to launch USDso stablecoin for high-frequency DeFi
Somnia's new USDso stablecoin, issued by Frax Finance and backed by tokenized Treasuries, routes reserve yield back into Somnia's high-throughput DeFi ecosystem.
- Blockonomi
Sonic Labs Launches USSD: A Network-Native USD Stablecoin Backed by BlackRock and Frax Infrastructure
Sonic's permissionless dollar stablecoin offers zero minting fees and cross-chain access from 10+ networks.
- The Block
Sonic Labs taps Frax infrastructure for native network stablecoin
Sonic Labs' USSD stablecoin is backed by tokenized Treasuries products from BlackRock, WisdomTree, and Superstate.
- Crypto news
Brazil lawmakers move to outlaw algorithmic stablecoins like USDe, Frax
Brazil advances a bill to ban algorithmic stablecoins and force all domestic issuers to fully collateralize tokens, tightening rules in a market where stablecoins drive 90% of…
Protocoles associés
Other DeFi protocols connected to Frax FPI by category, deployment chain, or shared codebase lineage — useful for comparing TVL, fee models, or audit posture across direct peers.
Autres protocoles Algo-Stables
Meilleurs protocoles sur Ethereum
Lignée de forks et versions associées
Avertissement de risque
Les protocoles DeFi comportent des risques inhérents, notamment les vulnérabilités des contrats intelligents, les risques de liquidité et la perte potentielle de fonds. Effectuez toujours vos propres recherches avant d'investir.
Votre portefeuille crypto — Gratuit à vie
Collez n'importe quel portefeuille pour voir les jetons, DeFi et NFTs sur 50+ chaînes. Ajoutez des exchanges, Polymarket et Kalshi à tout moment — tout en un seul portefeuille.