Convert Frax Price Index Share FPIS to Maker MKR
1 FPIS converts to 0.00005725 MKR
About FPIS and MKR
Frax Price Index Share is falling, while Maker is climbing this week. The current FPIS to MKR conversion rate is 0.00005725. Inversely, this means that if you convert 1 MKR you will get 17,467.35 FPIS. The conversion rate of FPIS/MKR has decreased by 0.49% in the last hour (MKR/FPIS increased by 0.49%). In the last 24 hours, FPIS/MKR shrunk by 7.67%, while MKR/FPIS grew by the same amount.
The exchange rate of Frax Price Index Share is decreasing. The current value of 1 FPIS is 0.00005725 MKR. In other words, to buy 5 Frax Price Index Share, it would cost you 0.00028625 MKR. Inversely, 1 MKR would allow you to trade for 17,467.35 FPIS while 50 MKR would convert to 873,367.40 FPIS, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 9.18%. Meanwhile, in the last 24 hours, the rate has changed by 7.98%, and that the highest exchange rate of 1 FPIS to MKR was 0.00006183 MKR and the lowest 24 hour value was 1 FPIS for 0.00005479 MKR. Last month, 1 FPIS was worth 0.0000641 MKR. Today, it's down 11.97%. Looking back a year, Frax Price Index Share has changed by 0.0002039 MKR. That means that in a single year, the value of Frax Price Index Share has shrank by 256.17%.
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.
Maker Market Stats
Maker is an Ethereum token that describes itself as “a utility token, governance token, and recapitalization resource of the Maker system.” The purpose of the Maker system is to generate another Ethereum token, called Dai, that seeks to trade on exchanges at a value of exactly US$1.00.
Conversion tables
FPIS to MKR values from Today at 6:39 am
0.5 FPIS = 0.00002862 MKR |
1 FPIS = 0.00005725 MKR |
5 FPIS = 0.0002862 MKR |
10 FPIS = 0.0005725 MKR |
50 FPIS = 0.002862 MKR |
100 FPIS = 0.005725 MKR |
500 FPIS = 0.02862 MKR |
1,000 FPIS = 0.05725 MKR |
MKR to FPIS values from Today at 6:39 am
0.5 MKR = 8,733.67 FPIS |
1 MKR = 17,467.35 FPIS |
5 MKR = 87,336.74 FPIS |
10 MKR = 174,673.48 FPIS |
50 MKR = 873,367.40 FPIS |
100 MKR = 1,746,734.80 FPIS |
500 MKR = 8,733,673.99 FPIS |
1,000 MKR = 17,467,347.97 FPIS |
FPIS to MKR over time
FPIS | Today | 24H -7.98% | 1M -11.97% | 1Y -256.17% |
|---|---|---|---|---|
0.5 FPIS | 0.00002862 MKR | 0.00003091 MKR | 0.00003205 MKR | 0.000102 MKR |
1 FPIS | 0.00005725 MKR | 0.00006182 MKR | 0.0000641 MKR | 0.0002039 MKR |
5 FPIS | 0.0002862 MKR | 0.0003091 MKR | 0.0003205 MKR | 0.00102 MKR |
10 FPIS | 0.0005725 MKR | 0.0006182 MKR | 0.000641 MKR | 0.002039 MKR |
50 FPIS | 0.002862 MKR | 0.003091 MKR | 0.003205 MKR | 0.0102 MKR |
100 FPIS | 0.005725 MKR | 0.006182 MKR | 0.00641 MKR | 0.02039 MKR |
500 FPIS | 0.02862 MKR | 0.03091 MKR | 0.03205 MKR | 0.102 MKR |
1,000 FPIS | 0.05725 MKR | 0.06182 MKR | 0.0641 MKR | 0.2039 MKR |
Frequently asked questions
Right now, 1 Frax Price Index Share is worth about $0.08409.
Based on the current rate, you could get 11.89 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 59.46 FPIS. Inversely, 5 FPIS will cost about $0.4204
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 Freedom God Dao. For a more robust list of assets to explore, jump to the asset page dedicated to Frax Price Index Share.
Related conversions
Learn how to buy popular cryptocurrencies
Discover other cryptocurrencies to currency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
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.