Frax Price Index (FPI)
Decentralized StablecoinFirst production CPI-tracking stablecoin where the redemption price grows per second on-chain based on the US CPI-U. Over-collateralized 100% by frxUSD backed by BlackRock BUIDL Treasury fund, with FPIS as the governance token.
| Type | Decentralized Stablecoin |
| Region | Global |
| Status | Active |
| Links |