Convert Frax Price Index Share FPIS to First Digital USD FDUSD
1 FPIS converts to 0.08854 FDUSD
About FPIS and FDUSD
Frax Price Index Share is falling, while First Digital USD is climbing this week. The current FPIS to FDUSD conversion rate is 0.08854. Inversely, this means that if you convert 1 FDUSD you will get 11.29 FPIS. The conversion rate of FPIS/FDUSD has increased by 0.13% in the last hour (FDUSD/FPIS decreased by 0.13%). In the last 24 hours, FPIS/FDUSD shrunk by 2.24%, while FDUSD/FPIS grew by the same amount.
The exchange rate of Frax Price Index Share is decreasing. The current value of 1 FPIS is 0.08854 FDUSD. In other words, to buy 5 Frax Price Index Share, it would cost you 0.44272 FDUSD. Inversely, 1 FDUSD would allow you to trade for 11.29 FPIS while 50 FDUSD would convert to 564.69 FPIS, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 6.21%. Meanwhile, in the last 24 hours, the rate has changed by 2.22%, and that the highest exchange rate of 1 FPIS to FDUSD was 0.09076 FDUSD and the lowest 24 hour value was 1 FPIS for 0.08786 FDUSD. Last month, 1 FPIS was worth 0.1123 FDUSD. Today, it's down 26.88%. Looking back a year, Frax Price Index Share has changed by 0.4597 FDUSD. That means that in a single year, the value of Frax Price Index Share has shrank by 419.13%.
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.
First Digital USD Market Stats
What is the project about? First Digital USD (FDUSD) aim to revolutionize the digital asset landscape. Our mission is to empower users with a transformative financial instrument that combines the stability of cash reserves with the seamless efficiency of advanced blockchain technology. By offering a fully collateralized digital asset, our stablecoin ensures the utmost security, transparency, and transaction reliability. This strategic fusion of traditional stability and cutting-edge innovation allows users to confidently navigate the digital economy, unlocking a world of possibilities while maintaining the utmost trust in their financial interactions. What makes your project unique? Transferable: FDUSD enables frictionless and streamlined transactions, rendering it a convenient choice for a wide range of applications and scenarios. Redeemable: FDUSD is backed by high-quality reserves- cash and cash equivalents, which enable holders the ability to redeem their FDUSD tokens for their equivalent value in US dollars. Users can trust that FDUSD is always 1:1 backed. Low Fees: One notable benefit of FDUSD is its ability to offer cost-effective transactions with minimal fees. Unlike traditional financial transactions, this cost-efficiency makes FDUSD an attractive and economical choice for users. Operates on Decentralized Networks. FDUSD operates on decentralized networks that are distributed across multiple nodes. In so doing, it enhances transparency, security, and resilience. Bankruptcy Remote FDUSD is designed to be bankruptcy remote, with the reserves held in segregated accounts on a registered trust company, separated from the issuer’s operational accounts. It ensures the stablecoin remains stable and secure. History of your project. Established in 2019, First Digital is Asia’s leading multi-faceted trust partner bridging the gap between the traditional and digital financial worlds.
Conversion tables
FPIS to FDUSD values from Today at 8:35 am
0.5 FPIS = 0.04427 FDUSD |
1 FPIS = 0.08854 FDUSD |
5 FPIS = 0.4427 FDUSD |
10 FPIS = 0.8854 FDUSD |
50 FPIS = 4.43 FDUSD |
100 FPIS = 8.85 FDUSD |
500 FPIS = 44.27 FDUSD |
1,000 FPIS = 88.54 FDUSD |
FDUSD to FPIS values from Today at 8:33 am
0.5 FDUSD = 5.65 FPIS |
1 FDUSD = 11.29 FPIS |
5 FDUSD = 56.47 FPIS |
10 FDUSD = 112.94 FPIS |
50 FDUSD = 564.69 FPIS |
100 FDUSD = 1,129.37 FPIS |
500 FDUSD = 5,646.87 FPIS |
1,000 FDUSD = 11,293.74 FPIS |
FPIS to FDUSD over time
FPIS | Today | 24H -2.22% | 1M -26.88% | 1Y -419.13% |
|---|---|---|---|---|
0.5 FPIS | 0.04427 FDUSD | 0.04525 FDUSD | 0.05617 FDUSD | 0.2298 FDUSD |
1 FPIS | 0.08854 FDUSD | 0.09051 FDUSD | 0.1123 FDUSD | 0.4597 FDUSD |
5 FPIS | 0.4427 FDUSD | 0.4525 FDUSD | 0.5617 FDUSD | 2.30 FDUSD |
10 FPIS | 0.8854 FDUSD | 0.9051 FDUSD | 1.12 FDUSD | 4.60 FDUSD |
50 FPIS | 4.43 FDUSD | 4.53 FDUSD | 5.62 FDUSD | 22.98 FDUSD |
100 FPIS | 8.85 FDUSD | 9.05 FDUSD | 11.23 FDUSD | 45.97 FDUSD |
500 FPIS | 44.27 FDUSD | 45.25 FDUSD | 56.17 FDUSD | 229.83 FDUSD |
1,000 FPIS | 88.54 FDUSD | 90.51 FDUSD | 112.35 FDUSD | 459.67 FDUSD |
Frequently asked questions
Right now, 1 Frax Price Index Share is worth about $0.08831.
Based on the current rate, you could get 11.32 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 56.62 FPIS. Inversely, 5 FPIS will cost about $0.4416
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 Wrapped ILCOIN, Elk Finance, and Warped. For a more robust list of assets to explore, jump to the asset page dedicated to Frax Price Index Share.
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