Convert Frax Price Index Share FPIS to Drift Protocol DRIFT
FPIS to DRIFT: 1 Frax Price Index Share converts to 5.16 DRIFT
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About FPIS and DRIFT
Frax Price Index Share is climbing, while Drift Protocol is falling this week. The current FPIS to DRIFT conversion rate is 5.16. Inversely, this means that if you convert 1 DRIFT you will get 0.1938 FPIS. The conversion rate of FPIS/DRIFT has increased by 0.11% in the last hour (DRIFT/FPIS decreased by 0.11%). In the last 24 hours, FPIS/DRIFT grew by 10.79%, while DRIFT/FPIS shrunk by the same amount.
The exchange rate of Frax Price Index Share is increasing. The current value of 1 FPIS is 5.16 DRIFT. In other words, to buy 5 Frax Price Index Share, it would cost you 25.80 DRIFT. Inversely, 1 DRIFT would allow you to trade for 0.1938 FPIS while 50 DRIFT would convert to 9.69 FPIS, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 38.26%. Meanwhile, in the last 24 hours, the rate has changed by 9.71%, which means that the highest exchange rate of 1 FPIS to DRIFT was 5.50 DRIFT and the lowest 24 hour value was 1 FPIS for 4.64 DRIFT. Last month, 1 FPIS was worth 2.81 DRIFT. Today, it's up 45.51%. Looking back a year, Frax Price Index Share has changed by 0.9072 DRIFT. That means that in a single year, the value of Frax Price Index Share has grown by 82.42%.
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.
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.
Conversion tables
FPIS to DRIFT values from Today at 1:52 pm
0.5 FPIS = 2.58 DRIFT |
1 FPIS = 5.16 DRIFT |
5 FPIS = 25.80 DRIFT |
10 FPIS = 51.60 DRIFT |
50 FPIS = 258.00 DRIFT |
100 FPIS = 516.00 DRIFT |
500 FPIS = 2,580.00 DRIFT |
1,000 FPIS = 5,160.01 DRIFT |
DRIFT to FPIS values from Today at 1:53 pm
0.5 DRIFT = 0.0969 FPIS |
1 DRIFT = 0.1938 FPIS |
5 DRIFT = 0.969 FPIS |
10 DRIFT = 1.94 FPIS |
50 DRIFT = 9.69 FPIS |
100 DRIFT = 19.38 FPIS |
500 DRIFT = 96.90 FPIS |
1,000 DRIFT = 193.80 FPIS |
FPIS to DRIFT over time
FPIS | Today | 24H 9.71% | 1M 45.51% | 1Y 82.42% |
|---|---|---|---|---|
0.5 FPIS | 2.58 DRIFT | 2.33 DRIFT | 1.41 DRIFT | 0.4536 DRIFT |
1 FPIS | 5.16 DRIFT | 4.66 DRIFT | 2.81 DRIFT | 0.9072 DRIFT |
5 FPIS | 25.80 DRIFT | 23.30 DRIFT | 14.06 DRIFT | 4.54 DRIFT |
10 FPIS | 51.60 DRIFT | 46.59 DRIFT | 28.12 DRIFT | 9.07 DRIFT |
50 FPIS | 258.00 DRIFT | 232.95 DRIFT | 140.58 DRIFT | 45.36 DRIFT |
100 FPIS | 516.00 DRIFT | 465.90 DRIFT | 281.17 DRIFT | 90.72 DRIFT |
500 FPIS | 2,580.00 DRIFT | 2,329.52 DRIFT | 1,405.84 DRIFT | 453.59 DRIFT |
1,000 FPIS | 5,160.01 DRIFT | 4,659.04 DRIFT | 2,811.67 DRIFT | 907.18 DRIFT |
Frequently asked questions
Right now, 1 Frax Price Index Share is worth about $0.0903.
Based on the current rate, you could get 11.07 FPIS for 1 USD.
Frax Price Index Share price has been declining. Since yesterday, the exchange rate of Frax Price Index Share has decreased. Since last month, the exchange rate of Frax Price Index Share has decreased. Since this time last year, the price of Frax Price Index Share has decreased.
You can use our FPIS to USD calculator at the top of this page to convert any amount of FPIS to USD. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 USD is equivalent to 55.37 FPIS. Inversely, 5 FPIS will cost about $0.4515
Frax Price Index Share can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Frax Price Index Share.
There are a number of crypto assets that have the a similar or comparable market cap to Frax Price Index Share, including Stronger, Frax Price Index, and Panda DAO. For a more robust list of assets to explore, jump to the asset page dedicated to Frax Price Index Share.
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