Convert Frax Price Index Share FPIS to Function FBTC
1 FPIS converts to 0.000001329 FBTC
About FPIS and FBTC
Frax Price Index Share is falling, while Function is climbing this week. The current FPIS to FBTC conversion rate is 0.000001329. Inversely, this means that if you convert 1 FBTC you will get 752,577.17 FPIS. The conversion rate of FPIS/FBTC has decreased by 0.01% in the last hour (FBTC/FPIS increased by 0.01%). In the last 24 hours, FPIS/FBTC shrunk by 0.16%, while FBTC/FPIS grew by the same amount.
The exchange rate of Frax Price Index Share is decreasing. The current value of 1 FPIS is 0.000001329 FBTC. In other words, to buy 5 Frax Price Index Share, it would cost you 0.000006644 FBTC. Inversely, 1 FBTC would allow you to trade for 752,577.17 FPIS while 50 FBTC would convert to 37,628,858.31 FPIS, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 4.94%. Meanwhile, in the last 24 hours, the rate has changed by 0.15%, and that the highest exchange rate of 1 FPIS to FBTC was 0.000001337 FBTC and the lowest 24 hour value was 1 FPIS for 0.000001309 FBTC. Last month, 1 FPIS was worth 0.000001391 FBTC. Today, it's down 4.66%. Looking back a year, Frax Price Index Share has changed by 0.000003299 FBTC. That means that in a single year, the value of Frax Price Index Share has shrank by 148.29%.
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.
Function Market Stats
Function is building the financial infrastructure that makes Bitcoin productive, unlocking yield, liquidity, and capital efficiency for holders across DeFi and traditional finance. FBTC turns Bitcoin into an asset that works. FBTC represents the first omnichain Bitcoin yield asset, enabling BTC holders to participate in structured, risk-managed and programmatic yield strategies. FBTC is fully backed on a 1:1 basis with BTC, Bitcoin Reserve Address List is public and can be verified at any time. FBTC combines the security of Bitcoin reserves with the flexibility of smart contracts, creating a secure and efficient bridge between the Bitcoin network and modern DeFi protocols. FBTC turns idle BTC into a functional and productive asset. The primary purpose of FBTC is to bring native Bitcoin liquidity into DeFi. Enabling Bitcoin holders to access a wide range of yield generating strategies, without having to sell their BTC. This not only enhances the utility of BTC but also allows holders to earn returns on their assets, making FBTC a powerful tool for maximizing the potential of Bitcoin in the DeFi ecosystem
Conversion tables
FPIS to FBTC values from Today at 4:00 am
0.5 FPIS = 0.0000006644 FBTC |
1 FPIS = 0.000001329 FBTC |
5 FPIS = 0.000006644 FBTC |
10 FPIS = 0.00001329 FBTC |
50 FPIS = 0.00006644 FBTC |
100 FPIS = 0.0001329 FBTC |
500 FPIS = 0.0006644 FBTC |
1,000 FPIS = 0.001329 FBTC |
FBTC to FPIS values from Today at 4:00 am
0.5 FBTC = 376,288.58 FPIS |
1 FBTC = 752,577.17 FPIS |
5 FBTC = 3,762,885.83 FPIS |
10 FBTC = 7,525,771.66 FPIS |
50 FBTC = 37,628,858.31 FPIS |
100 FBTC = 75,257,716.62 FPIS |
500 FBTC = 376,288,583.10 FPIS |
1,000 FBTC = 752,577,166.20 FPIS |
FPIS to FBTC over time
FPIS | Today | 24H -0.15% | 1M -4.66% | 1Y -148.29% |
|---|---|---|---|---|
0.5 FPIS | 0.0000006644 FBTC | 0.0000006654 FBTC | 0.0000006954 FBTC | 0.00000165 FBTC |
1 FPIS | 0.000001329 FBTC | 0.000001331 FBTC | 0.000001391 FBTC | 0.000003299 FBTC |
5 FPIS | 0.000006644 FBTC | 0.000006654 FBTC | 0.000006954 FBTC | 0.0000165 FBTC |
10 FPIS | 0.00001329 FBTC | 0.00001331 FBTC | 0.00001391 FBTC | 0.00003299 FBTC |
50 FPIS | 0.00006644 FBTC | 0.00006654 FBTC | 0.00006954 FBTC | 0.000165 FBTC |
100 FPIS | 0.0001329 FBTC | 0.0001331 FBTC | 0.0001391 FBTC | 0.0003299 FBTC |
500 FPIS | 0.0006644 FBTC | 0.0006654 FBTC | 0.0006954 FBTC | 0.00165 FBTC |
1,000 FPIS | 0.001329 FBTC | 0.001331 FBTC | 0.001391 FBTC | 0.003299 FBTC |
Frequently asked questions
Right now, 1 Frax Price Index Share is worth about $0.08339.
Based on the current rate, you could get 11.99 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 59.96 FPIS. Inversely, 5 FPIS will cost about $0.4169
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 Baby Bitcoin, Solala, and GLDT. For a more robust list of assets to explore, jump to the asset page dedicated to Frax Price Index Share.
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