Frax Price Index Share 24-Hour Trading Volume Reaches $5,949.17 (FPIS)

Frax Price Index Share (FPIS) traded 0.3% higher against the U.S. dollar during the one day period ending at 14:00 PM E.T. on July 12th. Over the last week, Frax Price Index Share has traded up 5.1% against the U.S. dollar. Frax Price Index Share has a total market cap of $19.07 million and $5,949.17 worth of Frax Price Index Share was traded on exchanges in the last day. One Frax Price Index Share token can now be bought for $0.64 or 0.00001090 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded down 3.4% against the dollar and now trades at $0.18 or 0.00000311 BTC.
• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower 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.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 1.7% against the dollar and now trades at $0.0128 or 0.00000022 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 Profile

Frax Price Index Share launched on April 9th, 2022. Frax Price Index Share’s total supply is 100,000,000 tokens and its circulating supply is 30,015,453 tokens. Frax Price Index Share’s official Twitter account is @fraxfinance and its Facebook page is accessible here. The official website for Frax Price Index Share is app.frax.finance.

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 possible to buy alternative cryptocurrencies such as Frax Price Index Share directly using U.S. dollars. Investors seeking to trade Frax Price Index Share should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Frax Price Index Share using one of the aforementioned exchanges.

FPIS/USD price chart by TradingView