Convert Drift Protocol DRIFT to Frax Price Index Share FPIS
DRIFT to FPIS: 1 Drift Protocol converts to 0.1578 FPIS
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About DRIFT and FPIS
Drift Protocol is climbing, while Frax Price Index Share is falling this week. The current DRIFT to FPIS conversion rate is 0.1578. Inversely, this means that if you convert 1 FPIS you will get 6.34 DRIFT. The conversion rate of DRIFT/FPIS has decreased by 0.42% in the last hour (FPIS/DRIFT increased by 0.42%). In the last 24 hours, DRIFT/FPIS grew by 4.98%, while FPIS/DRIFT shrunk by the same amount.
The exchange rate of Drift Protocol is increasing. The current value of 1 DRIFT is 0.1578 FPIS. In other words, to buy 5 Drift Protocol, it would cost you 0.7888 FPIS. Inversely, 1 FPIS would allow you to trade for 6.34 DRIFT while 50 FPIS would convert to 316.92 DRIFT, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 23.44%. Meanwhile, in the last 24 hours, the rate has changed by 4.78%, which means that the highest exchange rate of 1 DRIFT to FPIS was 0.2055 FPIS and the lowest 24 hour value was 1 DRIFT for 0.1458 FPIS. Last month, 1 DRIFT was worth 0.1452 FPIS. Today, it's up 7.94%. Looking back a year, Drift Protocol has changed by 1.57 FPIS. That means that in a single year, the value of Drift Protocol has shrank by 895.23%.
Drift Protocol Market Stats
Drift Protocol is a decentralized exchange built on Solana. Drift Protocol supports token swaps, spot margin trading, and perpetual futures trading. DRIFT is the governance token of the Drift DAO. Token holders can vote on governance proposals related to protocol development. Proposals may involve determining protocol fees, setting technical parameters, and treasury management.
Frax Price Index Share Market Stats
The Frax Price Index Share (FPIS) token is the governance token of the Frax Price Index (FPI) system, which is also entitled to seigniorage from the protocol. Excess yield will be directed from the treasury to FPIS holders, similar to Frax Finance's FXS structure.
Conversion tables
DRIFT to FPIS values from Today at 9:26 pm
0.5 DRIFT = 0.07888 FPIS |
1 DRIFT = 0.1578 FPIS |
5 DRIFT = 0.7888 FPIS |
10 DRIFT = 1.58 FPIS |
50 DRIFT = 7.89 FPIS |
100 DRIFT = 15.78 FPIS |
500 DRIFT = 78.88 FPIS |
1,000 DRIFT = 157.77 FPIS |
FPIS to DRIFT values from Today at 9:26 pm
0.5 FPIS = 3.17 DRIFT |
1 FPIS = 6.34 DRIFT |
5 FPIS = 31.69 DRIFT |
10 FPIS = 63.38 DRIFT |
50 FPIS = 316.92 DRIFT |
100 FPIS = 633.84 DRIFT |
500 FPIS = 3,169.21 DRIFT |
1,000 FPIS = 6,338.42 DRIFT |
DRIFT to FPIS over time
DRIFT | Today | 24H 4.78% | 1M 7.94% | 1Y -895.23% |
|---|---|---|---|---|
0.5 DRIFT | 0.07888 FPIS | 0.07512 FPIS | 0.07262 FPIS | 0.7851 FPIS |
1 DRIFT | 0.1578 FPIS | 0.1502 FPIS | 0.1452 FPIS | 1.57 FPIS |
5 DRIFT | 0.7888 FPIS | 0.7512 FPIS | 0.7262 FPIS | 7.85 FPIS |
10 DRIFT | 1.58 FPIS | 1.50 FPIS | 1.45 FPIS | 15.70 FPIS |
50 DRIFT | 7.89 FPIS | 7.51 FPIS | 7.26 FPIS | 78.51 FPIS |
100 DRIFT | 15.78 FPIS | 15.02 FPIS | 14.52 FPIS | 157.02 FPIS |
500 DRIFT | 78.88 FPIS | 75.12 FPIS | 72.62 FPIS | 785.08 FPIS |
1,000 DRIFT | 157.77 FPIS | 150.23 FPIS | 145.24 FPIS | 1,570.16 FPIS |
Frequently asked questions
Right now, 1 Drift Protocol is worth about $0.01508.
Based on the current rate, you could get 66.31 DRIFT for 1 USD.
Drift Protocol price has been on the rise. Since yesterday, the exchange rate of Drift Protocol has increased. Since last month, the exchange rate of Drift Protocol has increased. Since this time last year, the price of Drift Protocol has decreased.
You can use our DRIFT to USD calculator at the top of this page to convert any amount of DRIFT to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 331.56 DRIFT. Inversely, 5 DRIFT will cost about $0.0754
Drift Protocol is currently available to buy on Coinbase's centralized exchange. Check out our guide to get more detailed instructions on how to buy Drift Protocol.
There are a number of crypto assets that have the a similar or comparable market cap to Drift Protocol, including iShares 0-3 Month Treasury Bond Tokenized ETF (Ondo), Collect on Fanable, and Boba Network. For a more robust list of assets to explore, jump to the asset page dedicated to Drift Protocol.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Coinbase to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.