Convert Frax Price Index Share FPIS to Paxos Standard PAX
1 FPIS converts to 0.0842 PAX
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About FPIS and PAX
Frax Price Index Share is falling, while Paxos Standard is climbing this week. The current FPIS to PAX conversion rate is 0.0842. Inversely, this means that if you convert 1 PAX you will get 11.88 FPIS. The conversion rate of FPIS/PAX has decreased by 0.05% in the last hour (PAX/FPIS increased by 0.05%). In the last 24 hours, FPIS/PAX shrunk by 1.31%, while PAX/FPIS grew by the same amount.
The exchange rate of Frax Price Index Share is decreasing. The current value of 1 FPIS is 0.0842 PAX. In other words, to buy 5 Frax Price Index Share, it would cost you 0.42101 PAX. Inversely, 1 PAX would allow you to trade for 11.88 FPIS while 50 PAX would convert to 593.81 FPIS, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 3.47%. Meanwhile, in the last 24 hours, the rate has changed by 1.31%, and that the highest exchange rate of 1 FPIS to PAX was 0.08538 PAX and the lowest 24 hour value was 1 FPIS for 0.08407 PAX. Last month, 1 FPIS was worth 0.1136 PAX. Today, it's down 34.87%. Looking back a year, Frax Price Index Share has changed by 0.4255 PAX. That means that in a single year, the value of Frax Price Index Share has shrank by 405.27%.
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.
Paxos Standard Market Stats
The Paxos Standard Token is a stablecoin running on Ethereum. For stablecoins like PAX, the company behind the protocol is responsible for holding reserves that fully back each token. The company behind PAX, Paxos Trust Company, claims to hold reserves that fully back each PAX.
Conversion tables
FPIS to PAX values from Today at 4:59 am
0.5 FPIS = 0.0421 PAX |
1 FPIS = 0.0842 PAX |
5 FPIS = 0.421 PAX |
10 FPIS = 0.842 PAX |
50 FPIS = 4.21 PAX |
100 FPIS = 8.42 PAX |
500 FPIS = 42.10 PAX |
1,000 FPIS = 84.20 PAX |
PAX to FPIS values from Today at 5:01 am
0.5 PAX = 5.94 FPIS |
1 PAX = 11.88 FPIS |
5 PAX = 59.38 FPIS |
10 PAX = 118.76 FPIS |
50 PAX = 593.81 FPIS |
100 PAX = 1,187.61 FPIS |
500 PAX = 5,938.07 FPIS |
1,000 PAX = 11,876.15 FPIS |
FPIS to PAX over time
FPIS | Today | 24H -1.31% | 1M -34.87% | 1Y -405.27% |
|---|---|---|---|---|
0.5 FPIS | 0.0421 PAX | 0.04265 PAX | 0.05678 PAX | 0.2127 PAX |
1 FPIS | 0.0842 PAX | 0.08531 PAX | 0.1136 PAX | 0.4255 PAX |
5 FPIS | 0.421 PAX | 0.4265 PAX | 0.5678 PAX | 2.13 PAX |
10 FPIS | 0.842 PAX | 0.8531 PAX | 1.14 PAX | 4.25 PAX |
50 FPIS | 4.21 PAX | 4.27 PAX | 5.68 PAX | 21.27 PAX |
100 FPIS | 8.42 PAX | 8.53 PAX | 11.36 PAX | 42.55 PAX |
500 FPIS | 42.10 PAX | 42.65 PAX | 56.78 PAX | 212.73 PAX |
1,000 FPIS | 84.20 PAX | 85.31 PAX | 113.56 PAX | 425.45 PAX |
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 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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