Coins: 10053 Exchanges: 858 Market Cap: $1,225,562,243,650 1.25% 24h Vol: $48,208,812,807.548 Dominance: BTC 46.65%, ETH 18.33%
Frax Price Index Share price

Frax Price Index Share Price (FPIS)


Rank #5521

Frax Price Index Share Price Chart (FPIS/USD)

Last updated 17 Jul 2023, 11:03AM UTC. Currency in USD.

# Exchange Pair Price Spread Volume(24h) Trust
1 BKEX FPIS / USDT $2.77 0.60% $125,701
2 Bilaxy FPIS / ETH $2.35 0.09% $40,210
3 FPIS / USDT $1.40 1.99% $101,445

FPIS Price Statistics

24H Range
  • Frax Price Index Share Price Now $2
  • 24h Low / 24h High $2 / $2
  • Trading Volume $1,975
  • Market Cap Rank #494
  • Market Cap $36,255,104
  • Volume / Market Cap 0.0001
  • All-Time High $14 -86.98%
    Apr 14, 2022
  • All-Time Low $1 132.90%
    Nov 14, 2022

Introducing Frax Price Index Share Cryptocurrency

The Future of Stablecoins

Frax Price Index Share cryptocurrency is revolutionizing the world of digital currencies. As the demand for stablecoins continues to rise, Frax has developed a unique solution that aims to address the drawbacks and uncertainties associated with traditional stablecoins.
Frax Price Index Share is designed to protect investors from potential inflation risks, offering stability and confidence in the volatile market. Unlike other stablecoins which are often pegged to a single asset, Frax utilizes a decentralized algorithmic approach that dynamically adjusts the price without relying solely on one collateral.
This innovative system is made possible through the collaboration of decentralized finance (DeFi) and cryptocurrency markets. Frax combines the best features of stablecoins and algorithmic currencies, offering users the opportunity to benefit from both worlds.
Frax Price Index Share utilizes an elastic supply mechanism, meaning that the circulating supply can change based on demand and market conditions. The algorithm behind Frax is designed to maintain stability by expanding or contracting the supply of Frax tokens in response to market fluctuations.
Investors holding Frax tokens have the assurance that the value will remain relatively stable over time, making it an attractive alternative to traditional cryptocurrencies that are susceptible to extreme price volatility.
Furthermore, Frax operates on a decentralized platform, ensuring transparency and security for users. The algorithmic nature of Frax eliminates the need for a central authority to regulate the stability of the currency, offering a more inclusive and community-driven approach.
Frax Price Index Share provides an innovative solution for individuals and businesses seeking stability in the cryptocurrency market. By combining the benefits of stablecoins and algorithmic currencies, Frax offers a unique investment opportunity that minimizes risk and maximizes potential returns.
As the demand for stablecoins continues to grow, Frax Price Index Share is emerging as a promising player in the market. With its innovative algorithmic approach and decentralized nature, Frax is reshaping the future of stablecoins and opening doors to new possibilities in the world of digital currencies.
So, if you're looking for stability and reliability in the ever-changing world of cryptocurrencies, consider investing in Frax Price Index Share and join the revolution today!