Frax Price Index Share FPIS

What FPIS actually is on-chain

Frax Price Index Share is an ERC-20 deployed on Ethereum, at contract address 0xc2544a32872a91f4a553b404c6950e89de901fdb. That address, not the ticker FPIS, is what uniquely identifies this asset: anyone can deploy a second token calling itself FPIS, but the contract is unforgeable. Verify it against etherscan.io before sending funds or approving a spend.

Because it lives on Ethereum, FPIS is held in any EVM-compatible wallet, transfers are paid for in ETH rather than in FPIS itself, and secondary liquidity sits in Uniswap-style AMM pools. Two consequences follow for anyone setting alerts: you need ETH in the same wallet to move the token at all, and a quoted price taken from a pool is a pool price — it includes slippage that an order-book quote would not.

For FPIS the project publishes a public source repository and an active account as @fraxfinance . That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where FPIS sits in the market

Frax Price Index Share sits at #1972, inside the lower small-cap band. Depth here is shallow enough that one large order walks the book several percent and the print mean-reverts within the same session — which is why a single fixed price level is a fragile trigger, and a condition that tolerates one wick is the more useful construction. Listings are concentrated across a small number of venues, so volume-driven delisting is an active risk here rather than a hypothetical one.

We are not currently receiving a live FPIS order book from any of the exchanges connected to this site, so no real-time quote is shown above. That is itself information: it usually means the pair is unlisted on the venues we track, or trading has been halted. FPIS is a Ethereum asset, so whatever turnover exists is most likely in Uniswap-style AMM pools rather than on a centralised book, and every fill there costs ETH in gas on top of the pool's own fee.

FPIS against its all-time high

Frax Price Index Share's record high is $14.20, set on 2022-04-13. A high in this range means FPIS carries a meaningful unit price, so round-number levels near the peak tend to be watched as references in their own right. It was set 5 years ago. A peak that old describes a supply structure and a holder base that have almost certainly turned over since. We are not quoting a drawdown from it because no tracked venue is giving us a live FPIS price — a stale or single-pool number would make that percentage look precise when it is not.

FPIS across its historical range

FPIS has traded across a 170x range, between $0.0837 and $14.20. Any volatility figure quoted for this asset depends heavily on which part of that range it is measured over.

The record low of $0.0837 was printed on 2026-02-27 — about a year ago. We have no live quote to measure the current distance from it.

FPIS supply and valuation data

Supply figures for FPIS are self-reported at this rank rather than reconciled against the chain, so we publish the valuation we have and not a circulating-supply number we cannot check. What we do have is a fully diluted valuation of $11.5 million as of 2026-05-12. That is in the upper quartile of tracked assets by fully diluted value.

That valuation is a point-in-time snapshot, not a live figure, so we deliberately avoid dividing it back into a token count — the price has moved since, and the arithmetic would yield a precise-looking supply number that is simply wrong. Read the current supply from the project's own explorer before relying on any per-token valuation. The authoritative figure is the one etherscan.io reports for this contract.

What kind of asset FPIS is

Frax Price Index Share is a DeFi protocol token, which ties it to total value locked and to the interest-rate environment on-chain. These assets carry a beta to the market plus a second exposure that is easy to miss: protocol risk. A contract exploit or an oracle failure repriced instantly and independently of any market move, and that tail is a real component of holding the token.

CoinGecko files FPIS under 5 categories, including Decentralized Finance (DeFi), BNB Chain Ecosystem, Arbitrum Ecosystem, Ethereum Ecosystem, Fraxtal Ecosystem. CoinGecko also records deployments on BNB Chain (2,027 tracked tokens), Arbitrum (391 tracked tokens), Ethereum (3,072 tracked tokens), so on-chain liquidity is split across several networks and the cheapest venue depends on which deployment you are trading.

How to set a Frax Price Index Share alert that is worth receiving

Frax Price Index Share is the ERC-20 at 0xc254…1fdb on Ethereum — high dated 2022-04-13 — rank #1972. On this profile the condition that carries signal is a two-sided price threshold beyond the recent band plus a 4-hour or daily RSI condition.

Full alert-design method: thresholds, RSI/MACD and volume conditions →